Morals of Economic InternationalismHobson, J. A. (John Atkinson)
Philosophy
Morals of Economic Internationalism
Hobson, J. A. (John Atkinson)
International cooperation; Reconstruction (1914-1939)
This analysis has seemed necessary in order to clear away the
intellectual and moral fogs which prevent a true realization of the
economic, and therefore the moral, interdependence of nations. For
every bond of economic interest involves moral obligation also. If it
is true that the fabric of commercial relations is all the time being
knit closer between the different peoples of the earth, then the moral
isolation and the antagonism which earlier statecraft inculcated, and
which still obsess so many minds, must be dissipated and give place to
active sentiments of human cooeperation.
There were, indeed, those who thought that already the web of commerce
and finance had been woven strong enough to save nations from the
calamity of war. Their miscalculation arose from underestimating the
power over the mind and the passions of that false image of trade. But
because the modern internationalism of commerce and finance did not
prove strong enough to stem the full and sudden tide of war passions
fed from the barbarous traditions of a dateless past, we ought not to
disparage the potentiality of this internationalism as the foundation
of a new and better world order. For, though those bonds of common
interest broke under the strain of war, the confusion in which we find
ourselves without them is itself a terrible testimony to their value.
The enforced sundering of ordinary trade relations between members of
different countries has taught two clear lessons. The first is this:
that hardly any civilized nation is or can be economically independent
in respect to essential supplies or industries. There is no European
country that does not rely for the subsistence of its inhabitants upon
supplies of goods and raw materials from foreign lands, mostly from
countries outside the European continent. While Britain both leaned
more heavily upon other countries and contributed most to other
countries from her surplus produce, every other country, in larger or
less degree--great countries such as France, Germany, Austria, Italy,
little ones like Belgium, Holland, Switzerland, Scandinavia, and
Denmark--were increasingly dependent upon outside sources for their
livelihood. It is true that there remained a very few great backward
countries, such as Russia and China, where a life of economic isolation
was possible had they been willing to dispense with the higher products
of civilized industry and with the fertilizing streams of capital
without which progress is impossible. No civilized European country was
self-sufficing in the vital factors of a productive and progressive
civilization--food, raw materials, machinery, fuel, transport, finance,
and adequate supplies of skilled labor. The services which countries
near or distant rendered to one another were becoming constantly more
numerous, more complex, and more urgent. The obstructions and stoppages
of war has driven home the lesson painfully to the inhabitants of every
European country, belligerent or neutral.
Public-domain text, read in full here on John Shaqi.
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