They are based on the universal assumption that a nation, in order to find outlets for expanding population and increasing industry, or simply to ensure the best conditions possible for its people, is necessarily pushed to territorial expansion and the exercise of political force against others (German naval competition is assumed to be the expression of the growing need of an expanding population for a larger place in the world, a need which will find a realization in the conquest of English Colonies or trade, unless these were defended); it is assumed, therefore, that a nation’s relative prosperity is broadly determined by its political power; that nations being competing units, advantage, in the last resort, goes to the possessor of preponderant military force, the weaker going to the wall, as in the other forms of the struggle for life.

In the modern world, material is only wealth if you can get rid of it. The British miner cannot eat his coal, nor clothe his children with it, nor build his house with it. If coal is to mean for the British miner food and shelter and clothing, he must get rid of it. Get rid of it, that is, to someone who has money, sell it. But how is that someone to get money? He can only get it by one means: By getting rid of his material to someone who has money, who can only get money by getting rid of his material — round the world.

Why is it relatively easy for a few armament makers to persuade 'men to go to war, to give their lives; and quite impossible for the much larger group who would benefit by another form of general destruction to persuade men to destroy their property? It is broadly, of course, because the folly of burning down houses is plain; the folly of the policies which lead to war is not so plain.

Within the state we have made defense of the individual the obligation of the whole community, and by that fact have established such preponderance of power on the side of the law that it could never be good business to challenge it. And that fact has, in large measure, swept highwaymen from the roads and pirates from the seas.

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We seem to assume that if only someone could find the cure for our disease, some new plan, we should at once see that it was the cure and apply it. We ask for leaders and leadership. But if the right course, which the leader indicates, is regarded by the multitudes sincerely as the wrong one, they will declare that he is no leader but a misleader. Inevitably in a democracy the leader is he who expresses existing convictions in the most vivid way, who possesses, as someone puts it, "the common mind to an uncommon degree".

Let us face squarely the paradox that the world which goes to war is a world, usually, genuinely desiring peace. War is the outcome, not mainly of evil intentions, but on the whole, of good intentions which miscarry or are frustrated. It is made, not usually by evil men knowing themselves to be wrong, but is the outcome of policies pursued by good men usually passionately convinced that they are right.

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What are the fundamental motives that explain the present rivalry of armaments in Europe, notably the Anglo-German ? Each nation pleads the need for defence; but this implies that someone is likely to attack, and has therefore a presumed interest in so doing. What are the motives which each State thus fears its neighbors may obey? They are based on the universal assumption that a nation, in order to find outlets for expanding population and increasing industry, or simply to ensure the best conditions possible for its people, is necessarily pushed to territorial expansion and the exercise of political force against others.... It is assumed that a nation's relative prosperity is broadly determined by its political power; that nations being competing units, advantage in the last resort goes to the possessor of preponderant military force, the weaker goes to the wall, as in the other forms of the struggle for life. The author challenges this whole doctrine. He attempts to show that it belongs to a stage of development out of which we have passed that the commerce and industry of a people no longer depend upon the expansion of its political frontiers; that a nation's political and economic frontiers do not now necessarily coincide; that military power is socially and economically futile, and can have no relation to the prosperity of the people exercising it; that it is impossible for one nation to seize by force the wealth or trade of another — to enrich itself by subjugating, or imposing its will by force on another; that in short, war, even when victorious, can no longer achieve those aims for which people strive....

The conception that we can only protect ourselves if we are prepared to protect others surely ought to belong to the nursery stage of social education.
But such things as the mechanism of security through law, the place of force in society, are things not, it would seem, included usually in the common education of our peoples.

One cannot take up a leading article in even the foremost papers dealing with foreign relations, without finding it assumed that European governments have the instincts of savages and the foresight of cattle-lifters. Are we to assume that the governments of the world, which presumably are directed by men as farsighted as bankers, are permanently to fall below the banker in their conception of enlightened self-interest?

Now, please don't misunderstand me. When I point out that all our wars for a thousand years have been fought in other people's countries, I do not mean that any of these wars was necessarily aggressive. They may well have been, everyone of them, defensive. But plainly they were not defensive of soil, territory. Of what then were they defensive? They were defensive of the nation's interests, rights; interests which may well collide with the interests of other nations in any part of the world ... Nations do so differ as to what their respective rights are and differ sincerely. And often the question, which of the two is right, is extremely difficult, as anyone who has attempted to disentangle rival territorial claims in the Balkans or elsewhere knows only too well.

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The elaborate financial interdependence of the modern world has grown up in spite of ourselves. Men are fundamentally just as disposed as they were at any time to take wealth that does not belong to them. But their relative interest in the matter has changed. In very primitive conditions robbery is a moderately profitable enterprise. Where the rewards of labor are small and uncertain, and where all wealth is portable, the size of a man’s wealth depends a good deal on the size of his club and the agility with which he wields it. But to the man whose wealth so largely depends upon his credit, dishonesty has become as precarious and profitless as honest toil was in more primitive times. The instincts of the City man may at bottom be just as predatory as those of the robber baron, but taking property by force has been rendered impossible by the force of commercial events.