This book concerns the end of the age of colonization and the inherent changes in the world economy. It discusses the author’s perception of the disintegration of free trade and ideas on the solution of federation. Starting with an introduction to economic thought and history the author then presents the state of the world at the time of writing in terms of colonies and dependencies and looks at economic nationalism and economic separatism. This discursive text is an important account of the global economic issues of the early twentieth century by one of the most well-known economists of the age who became a foremost expert in international financial affairs.
Table of Contents
Introduction Part 1: Colonization 1. Conquest and Colonization 2. Voluntary Colonization 3. Types of Colonies 4. The Trade Empire Part 2: Disintegration 5. Democracy, Nationalism, Liberalism 6. Economic Separatism 7. Imperialist Nationalism 8. The Rising of the Nations 9. The Economic Revolt 10. Autarchy Part 3: Empire Making or Empire Breaking 11. Inequality 12. Equality 13. Change 14. Equality of Opportunity 15. The Value of Colonies 16. Conquest and Commerce 17. Super-State or Empire 18. The Main Issue: Conquest or Federation