The Fruits of Victory: A Sequel to The Great Illusion — John Shaqi
The Fruits of Victory: A Sequel to The Great IllusionAngell, Norman
History
The Fruits of Victory: A Sequel to The Great Illusion
Angell, Norman
Economic history -- 1918-1945; World War, 1914-1918 -- Influence
The necessary co-operation, whether as between nations or groups within
each nation, cannot be compelled by physical coercion, though disruptive
forces inseparable from the use of coercion can paralyse co-operation.
Allied preponderance of power over Germany does not suffice to obtain
indemnities, or even coal in the quantities demanded by the Treaty. The
output of the workers in Great Britain would not necessarily be improved
by adding to the army or police force. As interdependence increases, the
limits of coercion are narrowed. Enemies that are to pay large
indemnities must be permitted actively to develop their economic life
and power; they are then so potentially strong that enforcement of the
demands becomes correspondingly expensive and uncertain. Knowledge and
organisation acquired by workers for the purposes of their labour can be
used to resist oppression. Railwaymen or miners driven to work by force
would still find means of resistance. A proletarian dictatorship cannot
coerce the production of food by an unwilling peasantry. The processes
by which wealth is produced have, by increasing complexity, become of a
kind which can only be maintained if there be present a large measure of
voluntary acquiescence, which means, in its turn, confidence. The need
for that is only made the more imperative by the conditions which have
followed the virtual suspension of the gold standard in all the
belligerent States of Europe, the collapse of the exchanges and other
manifestations of instability of the currencies.
European statesmanship, as revealed in the Treaty of Versailles, and in
the conduct of international affairs since the Armistice, has recognised
neither the fact of interdependence--the need for the economic unity of
Europe--nor the futility of attempted coercion. Certain political ideas
and passions give us an unworkable Europe. What is their nature? How
have they arisen? How can they be corrected? These questions are part of
the problem of sustenance; which is the first indispensable of
civilisation.
CHAPTER II (pp. 61-80)
THE OLD ECONOMY AND THE POST-WAR STATE
The trans-national processes which enabled Europe to support itself
before the War were based mainly on private exchanges prompted by the
expectation of individual advantage. They were not dependent upon
political power. (The fifteen millions for whom German soil could not
provide lived by trade with countries over which Germany had no
political control, as a similar number of British live by similar
non-political means.)
The old individualist economy has been largely destroyed by the State
Socialism introduced for war purposes: the nation, taking over
individual enterprise, became trader and manufacturer in increasing
degree. The economic clauses of the Treaty, if enforced, must prolong
this tendency, rendering a large measure of such Socialism permanent.
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