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Cover image for book The Twelfth Hour of Capitalism

The Twelfth Hour of Capitalism

By:Kuno Renatus
Publisher:Taylor & Francis
Print ISBN:9780367245627
eText ISBN:9781000696677
Edition:1
Copyright:1932
Format:Reflowable

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First published in 1932. In this book, a well-known German authority on economics analyzes the present world situation and points the way out. His contention is that reparations are not in themselves enough to account for the crisis, which is rather due to the burden of interest that is being paid one way and another on the money sunk unproductively in the World War.