The Great Upheaval (1914–15)

  • Michel Beaud


Carried away by the logic of accumulation and enlarged production, national capitalisms searched throughout the world for space in which to expand, confronting one another with increasing severity. National reactions became sharper, and with the spirit of conquest and revenge, nationalist feelings became more pronounced. The world war resolved nothing, very much to the contrary. The need for expansion on a world scale endured, although the previously existing system of international payments had been destroyed. And during the 1920s this world which had been split apart experienced the coexistence of both prosperity and crisis, and after 1929 was dragged into a new huge crisis and then another huge war.


Foreign Investment Real Wage Wage Earner Unemployed Worker Wholesale Prex 
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Copyright information

© Editions du Seuil 1981

Authors and Affiliations

  • Michel Beaud

There are no affiliations available

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