Abstract

Britain Takes the Offensive

Fischer, Louis | December 11, 1935 issue

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England is again the center of the earth. Her recuperation from the economic depression has proceeded farther than that of any other great capitalist country. There remain, however, almost 2,000,000 unemployed and not only large derelict districts but large derelict industries. Great Britain has passed the zenith of her development. She seeks to rest on her laurels and live on her reserves. These fundamental shortcomings have encouraged certain powers to undertake assaults on British positions which England and the world were wont to regard as impregnable. The enhanced self-confidence engendered by economic recovery and the feeling that, of late, there has been too much twisting of the lion's tail make for a desire to reassert England's might.

See Also:

DEPRESSIONS; CAPITALISM; INDUSTRIAL laws & legislation; CAPITALISTS & financiers; UNEMPLOYMENT; ENGLAND; GREAT Britain
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