#1388
Mentioned in 9 episodes
The great illusion
Book • 1910
In 'The Great Illusion,' Norman Angell argues that the economic costs of war are so high that no nation can hope to gain from it.
He contends that modern economic systems, based on trade and contract law, make war futile because conquest does not lead to economic benefits.
The book refutes the common belief that military power results in greater wealth and instead posits that advanced economies can only generate value in the absence of military conflicts.
Angell also discusses the psychological and moral aspects of war, emphasizing that the nature of modern capitalism makes nationalist sentiment among capitalists irrelevant.
Despite its publication just before World War I, which seemed to contradict his thesis, the book remains a significant work in the field of international relations and peace studies.
He contends that modern economic systems, based on trade and contract law, make war futile because conquest does not lead to economic benefits.
The book refutes the common belief that military power results in greater wealth and instead posits that advanced economies can only generate value in the absence of military conflicts.
Angell also discusses the psychological and moral aspects of war, emphasizing that the nature of modern capitalism makes nationalist sentiment among capitalists irrelevant.
Despite its publication just before World War I, which seemed to contradict his thesis, the book remains a significant work in the field of international relations and peace studies.
Mentioned by
Mentioned in 9 episodes
Mentioned by 
Peter Thiel when discussing books that predicted or explained the current political moment.
Peter Thiel when discussing books that predicted or explained the current political moment.
1,399 snips
Peter Thiel on Trump, Elon, and the Triumph of the Counter-Elites
Mentioned by Peter Thiel as a pre-World War I book that argued against the possibility of a world war due to economic interconnectedness.
Peter Thiel as a pre-World War I book that argued against the possibility of a world war due to economic interconnectedness.
273 snips
Part II: Apocalypse Now? Peter Thiel on Ancient Prophecies and Modern Tech
Mentioned by 
Niall Ferguson to illustrate the point that economic interdependence does not preclude conflict.
Niall Ferguson to illustrate the point that economic interdependence does not preclude conflict.
224 snips
#634: Niall Ferguson, Historian — The Coming Cold War II, Visible and Invisible Geopolitics, Why Even Atheists Should Study Religion, Masters of Paradox, Fatherhood, Fear, and More
Mentioned by Peter Thiel as a pre-World War I book that argued against the possibility of a world war due to economic interdependence, ultimately proven wrong.
Peter Thiel as a pre-World War I book that argued against the possibility of a world war due to economic interdependence, ultimately proven wrong.
158 snips
Peter Thiel: The Techno-Apocalypse is Nigh
Ulrike Franke erwähnt Norman Angell im Zusammenhang mit der Interdependenz-Theorie und der Idee, dass wirtschaftliche Abhängigkeiten zu Frieden führen.
43 snips
#95 Die Macht der Geographie | Der Theorieteil: Warum Kriege und kein Weltfrieden?
Mentioned by 
Peter Joseph as Norman Angel's claim that economic interdependence in Europe made war futile which was later disproven by World War I and World War II.
Peter Joseph as Norman Angel's claim that economic interdependence in Europe made war futile which was later disproven by World War I and World War II.
12 snips
Revolution Now! with Peter Joseph | Ep. 56 : The Capitalist Roots of War + Interview w/ Abby Martin
Mentioned by Duncan Weldon as a book that argued that great power war was essentially impossible due to financial and economic entanglement, written three years before World War I.
Does money really decide wars? Strange tales from the Vikings to the Luftwaffe to Ukraine
Mentioned by Peter Thiel when discussing the book's thesis on the unlikelihood of a world war due to economic interconnectedness.
Peter Thiel when discussing the book's thesis on the unlikelihood of a world war due to economic interconnectedness.
Peter Thiel on Trump, Elon, and the Triumph of the Counter-Elites
Impacted Rob Vinnall 's views on the trade war, highlighting that a similar argument was made before World War I.
Rob's 2025 Postcard from Around the World
