Drawing on economic data, Angell demonstrates how the prosperity of small, militarily weak nations often surpasses that of great empires, concluding that raw political power is economically irrelevant. He explains how the modern intangibility of wealth and the autonomous nature of colonies render traditional empire-building an expensive, self-defeating endeavor. The book critiques early twentieth-century militarism and advocates for a global political reformation: one that replaces the destructive pursuit of military supremacy with international cooperation rooted in mutual economic self-interest.
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