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Profits of PeaceThe Political Economy of Anglo-German Appeasement$
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Scott Newton

Print publication date: 1996

Print ISBN-13: 9780198202127

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198202127.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 16 October 2021

The Genesis of Appeasement, 1933–1938

The Genesis of Appeasement, 1933–1938

(p.52) (p.53) 3 The Genesis of Appeasement, 1933–1938
Profits of Peace

Scott Newton

Oxford University Press

The capture of Europe's most powerful economy by National Socialism was a profoundly disturbing event for Germany's neighbours and for all those who were committed to the complex of Enlightenment values which had sustained the growth and development of western society since the Industrial Revolution. It also posed a specific challenge, initially economic but in time also strategic, to British interests. Preservation of the status quo lay behind Chamberlain's search for a settlement with Germany. The prime minister hoped to avoid an open-ended commitment to higher levels of defence expenditure through the pursuit of a rearmament programme which would deter the Nazis from an adventurist foreign policy and bring them to the conference table. From the moment Chamberlain became prime minister, therefore, the National Government single-mindedly pursued a twin-track policy of deterrence and détente.

Keywords:   British economic policy, colonial appeasement, Nazi Germany, National Socialism, détente policy, foreign policy

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