International Economic Disintegration

International Economic Disintegration

By:

Wilhelm Röpke

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Summary

Röpke wrote this book in the late 30s, and it was published in 1942. He explains how the world unraveled the 1930s from a combination of protectionism and monetary destruction. And while his analysis is robust, he also relays what seems to be an epiphany for him: there are non-economic reasons the world collapsed. The rise of nationalism frightened him, and what is its source? The old code of morals and manners, even the code of honor among people, seems to have been shredded. People long for more than prosperity; they want cultural and social coherence and stability, and states with a mission. The market cannot provide this. It must come tradition or religion or something else. Observing this, he seems to suggest that the old liberal creed failed. He proposes a new direction that unites freedom with a new concern for cultural coherence and morality.

Summary courtesy of the Ludwig von Mises Institute. The Mises Institute is the premier organization in support of the free market, peace and prosperity. They provide free educational material, books audio books, lectures and courses that free your mind. This site would not exist were it not for the generosity, hard work and dedication of the Mises Institute, its employees, fellows and its benefactors. Books of Liberty is eternally grateful to all of their work and efforts. Please consider supporting the Mises Institute in any way you can.

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