I wrote: > in some ways, the basis for ww2 was a lot like that for ww1
except  that Britain had lost its hegemony and the US hadn't grabbed
the baton  yet.<

a symptom of Britain's fall appears in my current signature line's
quote from Keynes. Formerly a full-scale liberal, his ideas at the
time reflected his view that (British-run) liberal capitalism had
failed.
--
Jim Devine / "The decadent international but  individualistic
capitalism in the hands of which we found ourselves after the war is
not a success. It is not intelligent. It is not beautiful. It is not
just. It is not virtuous. And it doesn't deliver the goods." -- John
Maynard Keynes.

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