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Quotation from The Economic Consequences of the Peace by John Maynard Keynes

“The policy of reducing Germany to servitude for a generation, of degrading the lives of millions of human beings, and of depriving a whole nation of happiness should be abhorrent and detestable”

John Maynard Keynes

The Economic Consequences of the Peace, Chapter V: Reparation (Harcourt, Brace and Howe (New York, 1920), Project Gutenberg #15776)

Portrait of John Maynard Keynes

Keynes argues that the reparation terms are wrong on moral grounds, not only because Germany cannot pay them.

Citation: "The policy of reducing Germany to servitude for a generation, of degrading the lives of millions of human beings, and of depriving a whole nation of happiness should be abhorrent and detestable" — John Maynard Keynes, The Economic Consequences of the Peace, Chapter V: Reparation (Harcourt, Brace and Howe (New York, 1920), Project Gutenberg #15776). (id keynes-the-economic-consequences-of-the-peace-q4)

Virtues: Justice

Portrait: Keynes 1933, Unknown photographer, Public domain.

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