In her renowned book August 1914, American historian Barbara Tuchman recorded that in 1900 the largest company in Europe was Krupp, the great armaments manufacturer. She also writes that soon after a group of European intellectuals made what forecast, which was to shortly be proved horribly wrong?
Answer: At a conference in The Hague the august gathering pronounced that with the inter-dependency of states and economies, war was ‘now impossible’. Within a few years, World War One proved that prediction horribly wrong.
Source: August 1914 by Barbara Tuchman
More at: History
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