Question: What is Maynard Keynes’s view of the treaty?
Answer: He believed that it would be the systematic destruction of Germany's economic system.
Explanation: John Maynard Keynes was a well-known economist. He wrote a book called: ''The Economic consequences of the Peace,'' in 1919. In his book, he mentions that before the war, the German economic system depended on three main factors:
- Factor 1) Overseas commerce as represented by her mercantile [66] marine, her colonies, her foreign investments, her exports, and the overseas connections of her merchants.
- Factor 2) The exploitation of her coal and iron and the industries built upon them.
- Factor 3) Her transport and tariff system. Of these the first, while not the least important, was certainly the most vulnerable.
After explaining these factors, he mentions his point of view of the Treaty. He believes that The Treaty's objective is the systematic destruction of the German economic system, but in particular, he believes that it is aimed at the destruction of factor 1.