Phil Duffy on how embargoes have turned out in history

Wikipedia initially blames the Continental System on Napoleon’s Berlin Edict of November 1806 for barring trade with the British Empire. Only later in the first paragraph do we learn that the Berlin Decree was in response to,

… the naval blockade of the French coasts enacted by the British government on 16 May 1806.

Napoleon and his troops ate fairly well, as did the leaders and troops of the British. Both got the external enemy they needed to acquire more power. The British and French people did not fare so well.

The runup to World War I included interference of free trade according to Historic UK:

Britain declared war on Germany on August 4th 1914, but rivalry between the two countries had been growing for years. Germany resented Britain’s control of the world’s oceans and markets, while Britain increasingly viewed a Europe dominated by a powerful and aggressive Germany as a threat which must be contained.

The Mises Institute has a good summary of the situation that led to World War I:

After creating a powerful and industrializing German federation which threatened Europe's "balance of power," Bismarck worked to prevent war. He reconciled Austria, maintained friendly relations with Russia, and got along as well as possible with France. He worked against Germany's "encirclement" by France and an ally-to prevent a two-front war. After Bismarck's dismissal in 1890 by the impulsive young Kaiser Wilhelm II (a crowned TR), German policy drifted into the encirclement Bismarck feared.

Much of the analysis of the runup to World War I focuses blame on Wilhelm II’s clumsy efforts at diplomacy. It seems the theme of Barbara Tuchman’s first chapter in The Guns of August, The Funeral [of Edward VII of Britain]. But a timeline sheds a different light on the matter, with the Entente Cordiale of April 1904 being the leading event. The Gov.UK site states this about the Anglo-Russian Entente of 1907:

On 31 August 1907, Britain and Russia signed an agreement in St Petersburg which put in place the final piece of the alliance system which has widely been considered to have been a major contributing factor regarding the outbreak of the First World War.

There was some real concern in Germany about “encirclement.” It is too easy to become distracted by “Who started World War I?,” and lose sight of the lesson that comes out of that period. Europe had flourished with the defeat of Napoleon at Waterloo and the Congress of Vienna in 1815, which led to Europe’s most peaceful time until the outbreak of World War I in 1914 (Crimean War the exception on the continent). That corresponded with a move away from mercantilism/militarism toward classical liberalism and free trade. Peace and economic flourishing were shattered when mercantilism made its comeback, and the fault may be laid on the leadership of all of the nations involved in that war. The people surely were not seeking war. It was the political elites that wished it and expected to benefit from it. The armistice and Treaty of Versailles did nothing to resolve the underlying problem of economic warfare. After the devastation of Germany and surrounding countries, European leaders finally came to their senses with the Treaty of Rome in March of 1957 which led to the creation of the European Economic Community.

~ Phil Duffy, November 21, 2023