John Maynard Keynes's The Economic Consequences Of Peace

The paper, originally designed to be the sole protector from future German invasion, cost 75 million lives. This paper caused humiliation, cost billions of dollars, and most importantly, did the opposite of its intended purpose. This paper was designed to maintain peace and stability in the world after the outbreak of World War I. The Treaty of Versailles planted the seeds of hatred in Germany, and soon enough, this hatred allowed for the rise of Adolf Hitler, a cruel and vicious dictator. The Treaty’s territorial losses, harsh reparations, war guilt, and military restrictions imposed on Germany caused the outbreak of World War II.

The Treaty of Versailles was a formal peace treaty between the Word War I Allies and Germany. The leaders of Britain, France, Italy and the United States met in Paris in early 1919 to draft the treaty. President Woodrow Wilson presented his Fourteen Points, a series of measures intended to ensure future peace. The points included the formation of an international organization known as the League of Nation, which was adopted in the treaty. Representatives of each country signed the treaty in June 1919.

After losing a generation of men and experiencing the hardships of war, many peace related objectives were put into place to prevent another war so destructive and disastrous. The road to peace started with the Paris Peace Conference in 1919. United States President, Woodrow Wilson, presented a drafted series of peace proposals called the Fourteen Points. The last point addressed the possibility of having a group dedicated to peace and interactions among nations no matter the size (Macmillan). This organization would stop wars like World War I from happening so that it does not become part of the culture of the Western World yet again. While the idea of the league was originally rejected, the Treaty of Versailles, the most significant treaty to come out of WWI, established the League of Nations. Eventually, the League of Nations disbanded in five years after the start of World War II and the United Nations was formed. Newton Diehl Baker, Woodrow Wilson’s Secretary of War argues that the lack of such a league to keep peace in 1914 is what threw the world into the chaos of World War (Macmillan). Even Baker did not know the ramifications the war would have due to the lack of peace structure until after the war

In A Separate Peace by John Knowles, Knowles shows the inescapable consequences and effects World War II has on the boys attending Devon School. Some boys, including Gene Forrester and Brinker Hadley, become hostile and paranoid, while others, such as Phineas and Leper Lepellier, are mentally and physically affected. Knowles describes the microcosmic war at Devon between the students and man’s capability of hostility. This rivalry between the boys causes feelings of envy and hatred, which is naturally a part of human nature. However, too much envy and hatred within human nature inevitably causes man to become inhumane.

Peace is the ability to manage conflict. It is a commitment to understanding, it is a commitment to nurture all and harm none. Peace is when everyone is equal and treated the same. However, this was not the case at the end of World war I. As the leaders made negotiations they did not commit to understanding the circumstances during the time, they did not nurture one another or other countries, as they left Germany deceived. The Treaty of Versailles was an attempt to create peace which led to another conflict. In article 159 an excerpt located in the Treaty Versailles reads “The German military forces shall be demolished and reduced as prescribed hereinafter”, is this peace? David Lloyd, the Prime Minister of Great Britain read from of his speeches “We propose to demand the whole cost of the war from Germany”, is this peace? Peace escalated tension between the leaders and

Keynes, a liberal economist, who had been present at the peace conference in Paris thought Wilson’s principles were ‘wrongly conceived ....... and too little regard had been given to the economic realities’[5] but he looked on them more favourably than the eventual conditions in the Treaty of Versailles. Alan Sharp suggests that Keynes was torn between ‘fascination at the speed with which Lloyd George could absorb both atmosphere and complex briefs and disgust at his lack of fixed principles.[6] The British delegation containing on the one hand Jan Smuts, who took a more liberal stance on the Treaty and Billy Hughes, the Australian Prime-minister, who became the ‘most vocal exponent of a Carthaginian peace among the British delegation in Paris’[7] shows the divisions amongst the British delegation and possibly reflects the indecision in Lloyd George’s mind. He felt Germany needed to be left with enough room to recover and take her place in Europe but was anxious in the aftermath of the carnage of war that Germany should be seen to be punished. Italy’s Prime Minister, Vittorio Orlando, was not vociferous at the Conference but was asking for Fiume to be assigned to Italy but it had already been assigned to Yugoslavia. Wilson resisted Orlando’s request and he and the Italian delegation eventually gave up and removed

There are several ways in which the Treaty of Versailles was a success but there are also some which show it was a failure.

On June 28th 1919, in the Versailles Palace of France, the treaty of Versailles officially ended World war one. The signers of this treaty implemented certain restrictions on Germany that were to guarantee Germany would never start another world war. This begs the question, “what did the end of one war have to do with the start of World War Two?”. The evidence shows that it was this treaty’s influence on Adolf Hitler that led to the Versailles Treaty’s ultimate failure and provoked the start of the next world war. Because of this treaty Adolf Hitler’s economic plan, proposed while he was seeking political election, was focused on rebuilding and reclaiming Germany. This went hand in hand with the nationalist ideas of the Nazi party.

The Successes and Failures of the Treaty of Versailles in Addressing the Causes of Conflict and Restoring Peace and Normality

The Paris of Peace conference was held on January 1919 in Versailles just right outside of Paris. Paris of Peace conference was called to establish reasonable terms to make peace with the countries after World War I. In that conference there was almost thirty nations that were participates. The “Big Four” were there as well, the big four consisted of Great Britain, represented by David Lloyd George, France, represented by George Clemenceau, United States, represented by Woodrow Wilson, and Italy, represented by Vittorio Orlando. David Lloyd George wanted moderate peace he also wants to alienate Germany as a naval threat. Vittorio Orlando wanted the territory was promised by the other countries. George Clemenceau wanted ironclad guarantees against future German military threat and he wanted Germany to pay for all the damages they caused during World War I. Woodrow Wilson wanted peace without Vengeance that were based on his fourteen points. One through five on his points consisted of open covenants, openly arrived at; which means no more secret treaties, freedom of the seas, free trade, and reduction of weapons. Six through thirteen consisted of self-determination of Europeans and point 14 consisted of the League of Nations. Woodrow Wilson was not successful in his goals, but in 1920 the League on Nations was established; after

In August 1914, Europe descended into war, without the support of U.S. Wilson refuses to get involve in the European conflict, until German forced Wilson to declare war on the central powers because of German’s declaration of unrestricted submarine warfare. When the war ended in November 11, 1918, Wilson negotiated a covenant for the League of Nation that he believed would sustain a world order. However at home, the congress rejected the League of Nations. Now, Wilson is admired by some scholars while hated by others. Some has praised him for his vision, while others criticized him for his impractical ideal.

President Wilson was seen as an the only idealistic person from the influential people in the conference. As a matter of fact the Treaty of Versailles is seen from historians’ point of views as one of the main reasons that lead to World War Two. The questions that remains a mystery is where is the peace that President Wilson wanted and promised for

When Germany received this treaty they were very surprised with the terms. The terms included, war guilt clause, which meant Germany accepted all the blame for World War One. Reparations, Germany had to pay millions in damage from the war. Disarmament, Germany could not have tanks or air force and land was taken away from them and given to other countries. The Germans were not happy with this treaty and thought of it as very harsh. However the Germans took responsibility and continued on in hope to get revenge later. In 1919, to help keep the world safe for democracy the League of Nations was set up. League of Nations would intend that if there were disagreements between countries they would negotiate rather than fight. The failure of the League of Nation can be summarized by points such as, not all countries joining in such as Germany as a punishment and Russia because of the spread of communism. The League of Nations had no power or any army. Countries were hesitant to get involved with an aggressive country and taking direct action against them. These things led to the fall of the League of Nations. People were angry because they did not want to cut off resources with other countries, even if they were aggressive because during the late 1920’s depression hit most of them. “The depression destroyed the market for imported silk from Japan, which had provided the country with two fifths of its export income’’ (The History on the Net Group). Economic problems played a

Taking everything into consideration, arguments about the Treaty of Versailles failing to reach its goal do exist, arguably. Sisley Huddleston made a great observation by saying that ‘the Conference was incompetent to settle anything.’20 Especially peace. The allies had their own personal interests and no unified opinion about the matter, and that only made the situation worse. At

War has influenced economic history profoundly across time and space. Winners of wars have shaped economic institutions and trade patterns. Wars have influenced technological developments. Above all, recurring war has drained wealth, disrupted markets, and depressed economical growth.