ABSTRACT
It is particularly the economist who is always having to utter a warning against over-estimating the importance of the economic aspect in international politics and against seeking the ultimate causes of national conflicts and harmonies in this sphere. The decision as to the future organisation of economy is thus indivisible and must be considered as a whole both for the national as well as for the international sphere. Here as there, people have to chose between the two principles of market economy and coercive economy, and here as there it should gradually become clear what is implied by this fundamental decision. Collectivism in fact means the utmost and inescapable piling up of the power of the state which it is possible to imagine, and it should be plain that such a Leviathan can have nothing else for its substance but the utmost nationalism, despotism, and imperialism.
