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The 1919 Zurich gathering is where the Women's International League for Peace and Freedom first took its name. You could say the League was born out of profound dismay at the unjust outcome of Versailles. A worn old volume is our one extant copy of the report of that conference. Holding it in our hands as we prepared this article, we saw anew just how central had been the women's preoccupation with economic issues.

This demoralizing sense of 'no alternative' has impacted on the thinking of the peace and women's movements too. Yet, we are resourced today with factual evidence of the economic oppression and inequality at the root of war, data of a scope and accuracy that the women of 1919 sorely lacked. The UN’s Human Development Report provides us annually with a clear picture of who profits and who lives in poverty.  The recent scandal of the so-called Global Financial Crisis has brought to view hard evidence of the subsidy made available to the financial institutions and individuals responsible, while a hyper-capitalism is imposed upon populations through austerity measures that attack public services, and on labour standards and conditions hard won over decades. Today, given the palpable rivalry of corporate interests and their national backers for control of resources and markets, peace activism can scarcely afford to ignore the causality of capitalism in militarization and war.