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Should Germany Be De-Industrialized?
- Source :
- New Republic; 10/8/45, Vol. 113 Issue 15, p457-460, 4p
- Publication Year :
- 1945
-
Abstract
- Focuses on de-industrialization of Germany and her transformation into an agricultural country. Role of former Secretary of the Treasury Henry Morgenthau in outlining a plan for de-industrialization of Germany; Description of economic provisions of the Morgenthau plan which consists of a program for the destruction of Germany's heavy industries and a program for pastoralization; Statement that allied control over all of Germany's foreign-exchange transactions is a practical policy and her exclusion from cartels is an obvious lesson of experience; Account of Berlin Declaration which, in contrast to the Morgenthau plan, does not necessarily entail the de-industrialization of Germany, it proposes economic decentralization for the purpose of eliminating the present excessive concentration of economic power as exemplified in particular by cartels, trusts and other monopolistic arrangements; View that destruction of heavy industry would disorganize and contract international trade at a time when expansion is most urgently needed.
Details
- Language :
- English
- ISSN :
- 00286583
- Volume :
- 113
- Issue :
- 15
- Database :
- Complementary Index
- Journal :
- New Republic
- Publication Type :
- Periodical
- Accession number :
- 14657458