The book A Permanent League of Nations was written by author George Paish Here you can read free online of A Permanent League of Nations book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is A Permanent League of Nations a good or bad book?
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In economic matters one no longer thinks nationally but internation- ally. The thing that matters is not so much this or that country's production of any given commodity, but how much the entire world produces. The price of corn is governed, not by the size of Great Britain's crops, but by the abundance or deficiency of the world's crops. How much food any nation can eat is controlled in these days by the amount produced by all the world. In such a crisis as this it is especially important to r...emember that the well-being of any nation is governed by the world's well-being, that any disaster that reduces productive power is sooner or later felt from one end of the world to the other, and that any action that con- tributes to productive power sooner or later benefits the whole of mankind. The greater the wealth produced by all the world, the greater will be the average amount that each person can consume. ECONOMIC INTERDEPENDENCE 97 If, after the war is over, steps are im- mediately taken by all the nations to develop the world's supplies of food and raw material much more comprehensively than in the past, and much more effec- tively, then after a short period of suffer- ing the standard of living will again begin to advance, and eventually the rate of advance will be much more rapid than it has been hitherto.
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