Economic War And a League of Nations Or Why Germany Must Pay
The book Economic War And a League of Nations Or Why Germany Must Pay was written by author J S Hecht Here you can read free online of Economic War And a League of Nations Or Why Germany Must Pay book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Economic War And a League of Nations Or Why Germany Must Pay a good or bad book?
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Of course if the nation were unsuited to produce " A, " and could not educate itself to this higher production, it would be forced to descend to the industry " B, " and might actually do better in this than in "A " and have to be content with a worse industr}^ and a lower standard of living. Now there is no international competition in the most vmskillcd industries producing merely a lixing wage, except througli the starvation of the wcn-kcrs, or by nations with a lower standard of living, and ...the higher Uk- digi\'e of skilland the greater the margin of profit per worker the ECONOMIC WAR AND A LEAGUE OF NATIONS 5 more severe will be this competition. Thus we are right in assuming " B " to be the product of a less skilled industry and the dislocation of an industry by foreign competition must result in descent to a lower one for, did a higher one follow, the competition would be more, not less, severe ; nor will any rational nation of equal civilization offer to do our unskilled work for us or permit our workers to get wealthy at their expense.
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