• Karl Helfferich was a prominent German political and economic figure during WWI, and his writings are considered an authoritative source.
  Historical Context: Gives a German viewpoint on the political climate and major events of WWI.
• First published in 1919, it offered a perspective on the conflict that was almost contemporaneous at the time.
• Extensive Research: Delves into the complexities of political manoeuvring, economic effects, and combat tactics.
• Contemporary Significance: Alludes to current geopolitical situations by drawing analogies and discussing topics such as propaganda, state control, and the Military-Industrial Complex.
• Provocative: Asks readers to reevaluate conventional wisdom and myths surrounding governance and conflict.
• Extensive: On its 361 pages and 99,856 words, the book provides an exhaustive grasp of its topic.
• Recently Revised: Revised for a wider audience with a new English translation.
• The Club of Rome and the World Economic Forum: This book gives historical background that is relevant to current events for those who are interested in the workings of institutions like the Club of Rome and the World Economic Forum.

Part Two: The War's Initiation and the Unfettered Submarine Warfare

Using Germany as an example, this book examines the complex relationship between Germany's diplomatic initiatives and military strategy throughout World War I.

In it, the authors analyse how the Entente Powers' resolute position and a cascade of misconceptions and miscommunications scuttled the peace initiatives spearheaded by Germany and President Wilson of the USA.

Also included in the text are the internal German discussions that preceded the United States' entry into the war and the beginning of unrestricted submarine warfare.

The book finishes with an analysis of President Wilson's involvement, claiming that the peace talks failed because he failed to grasp Germany's critical interests.