Mises Daily
Author:
Joseph R. Stromberg
Online Publish Date:
I. Background Joseph Schumpeter wrote that “capitalist society was on its way to creating a new civilization all its own when it was overtaken by the meaningless catastrophe of 1914-18, which put its world out of gear.” The Treaty of Versailles held Germany guilty of plotting war. Some historians disagree and let Serbia, Russia, France, and