Transl. by Arthur Windham. — London: Williams & Norgate; New York: Harcourt, Brace & Howe, 1921. — 146 p.
Walther Rathenau, author of Die neue Gesellschaft and other studies of economic and social conditions in modern Germany, was born in 1867. His father, Emil Rathenau, was one of the most distinguished figures in the great era of German industrial development, and his son was brought up in the atmosphere of hard work, of enterprise, and of public affairs. After his school days at a Gymnasium, or classical school, he studied mathematics, physics and chemistry at the Universities of Berlin and of Strassburg, taking his degree at the age of twenty-two. Certain discoveries made by him in chemistry and electrolysis led to the establishment of independent manufacturing works, which he controlled with success, and eventually to his connexion with the world-famous A.E.G. — Allgemeine Electrizitatsgesellschaft — at the head of which he now stands. During the war, he scored a very remarkable and exceptional success as controller of the organization for the supply of raw materials. He is thus not merely a scholar and thinker, but one who has lived and more than held his own in the thick of commercial and industrial life, and who knows by actual experience the subject-matter with which he deals.