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although once a great power, Spain in the 1 930s no longer shaped world history, economic life, or diplomacy. The eruption of the Spanish Civil War, however, threatened Europe's uneasy peace, forcing other people once more to pay attention to Spain; and the Spanish combatants were both aided and hindered in their internal conflict by foreign influences. Some historians have therefore interpreted the Spanish Civil War as as much a part of the international conflict known as the Second World War as was the Polish crisis.1 Others have viewed it as a primarily Spanish affair.2 Neither approach has placed much emphasis on economics, yet the perspective of nineteenth-century classical political economy can shed new light on the Spanish Civil War.
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