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Gold, Blood, and Power: Finance and War Through the Ages (Paperback)
Loot Price: R491
Discovery Miles 4 910
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Gold, Blood, and Power: Finance and War Through the Ages (Paperback)
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Loot Price R491
Discovery Miles 4 910
Expected to ship within 10 - 15 working days
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cCicero once pointed out that the crucial sinew of war is, and
always has been, "endless streams of money." Wars throughout
history have been waged for only as long as the money has held out.
If silver and gold continued to pour forth from a state's treasury,
then a ruler or government could tap a never-ending supply of
soldiers and war materiel. However, soon after the supply of coin
was expended, armies began to vanish and sources of supply would
dry up. Only when new methods of providing long-term finances
started to evolve, first in the Netherlands and soon thereafter
through the Bank of England, do we begin to witness progress toward
a financial revolution that was still evolving at the start of the
20th century. By World War II, however, this process was complete.
For the first time in recorded history, a major war was fought
where the manpower and productive capacity of states was exhausted
before any major state's finances gave out.
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