The Political Economy of Friedrich List

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This book offers a comprehensive assessment of Friedrich List's economic and political thinking. It starts with a systematic positioning of List`s economic theory as well as a differentiation from other economic systems. Furthermore, it examines the ethical sources of List`s theory, as well as List`s geopolitical, technical and economic visions. The author also introduces List as the pre-thinker of social market economy and discusses his ideas on European integration, development politics and List’s assessment of the main problems of the modern world economy. The book will appeal to scholars and students of the history of economic thought and economic history, as well as anyone interested in the life and work of the German economist Friedrich List (1789-1846).

Author(s): Eugen Wendler
Series: Springer Studies in the History of Economic Thought
Publisher: Springer
Year: 2023

Language: English
Pages: 278
City: Cham

Foreword by Prof. Dr. h.c. Erwin Teufel
Preface
Contents
1 Biographical Outline of List's Life and Work
Note
2 The Systematic Positioning of List’s Economic Theory
2.1 The Almost Forgotten German Classic Writings on Political Economy
2.2 Marx, Smith—or List?
2.3 The Significance of Philosophy in Friedrich List’s Theory of the State and the Economy
2.4 Political World View
2.5 The Link Between Theory and Practice
2.6 Didactic Principles
Notes
3 The Distinction Between List’s Economic Theory and Other Economic Systems
3.1 Differentiation from the Physiocrats
3.2 The Distance to Free Trade and Liberalism
3.3 The Rejection of Socialism
3.4 The Conclusion: The Basic Idea of the Social Market Economy
Notes
4 Friedrich List—Mastermind of the Social Market Economy
4.1 Historical Roots
4.2 The Term “Social Market Economy”
4.3 Examples of Friedrich List’s Social Conscience
4.4 Characteristic Features of the Social Market Economy and Their Theoretical Equivalent in Friedrich List’s Work
4.5 The “Magic Hexagon” of the Social Market Economy
4.6 Recent Empirical Findings on the Success Model of the Social Market Economy
Notes
5 Ethical Roots of List’s Economic Theory
5.1 The Philosophy of the Enlightenment, in Particular Human and Civil Rights
5.2 The Seven Deadly Sins of Economics from the Point of View of Friedrich List
Notes
6 Plea to Mix Different Ethnic Groups
Notes
7 The Morning Star of Civil Liberty
7.1 Natural and Civil Liberty
7.2 The Oppression of Württemberg’s Subjects in the First Third of the Nineteenth Century
7.3 Citizen Versus Master Conceit
7.4 Through Prosperity to Freedom
7.5 Freedom of Trade and Free Trade
7.6 Concluding Remarks
Notes
8 War and Peace
8.1 The So-Called “Martial Law”
8.2 The Utopia of Eternal Peace
8.3 List’s Utopia Concerning the Military Deterrence of Railways
8.4 The Outlawing of War
8.5 Concluding Remarks
Notes
9 Friedrich List’s Understanding of Democracy
9.1 Democracy Under Threat
9.2 The Concept of the Public
9.3 Freedom of Public Opinion
9.4 Scientific and Intellectual Freedom
9.5 Freedom of Speech and Press
9.6 The Establishment of Jury Courts
9.7 Opinion Poll
9.8 Concluding Remarks
Notes
10 Friedrich List’s Opinion on Slavery
10.1 Fundamental Rejection
10.2 The Abolition of Slavery
10.3 The North American Slave Question
10.4 Commercial Slavery
10.5 Concluding Remarks
Notes
11 The Petition to the Federal Assembly—A German “Place of Remembrance”
Notes
12 The Labor and Exchange Value Theory as Well as the Money Theory of Friedrich List
12.1 The Importance of Labor as a Production Factor
12.2 The Labor Theory of Value
12.3 The Labor Union or Confederation of Productive Forces
12.4 The Theory of Exchange Value
12.5 The Essence of Money
12.6 Coins and Banknote Money
12.7 Banks and Other Credit Institutions
Notes
13 Friedrich List—An Economist with Vision
13.1 Le Monde Marche—The World is Moving
13.2 The Politics of the Future
13.3 Efforts for Technological Progress
13.4 Technological Visions—A Kind of “Science Fiction”
13.5 Geopolitical Visions
Notes
14 Opinion About Russia, Especially About Its Ambition for Power and Its Expansionist Policy
14.1 Knowledge and Subjective Assessment
14.2 The Sheer Size of the Russian Bear
14.3 The Political Situation in Russia
14.4 Speculation on Russian Expansionist Policy
14.5 Hypotheses on Russian Economic Policy
14.6 Concluding Remarks
Notes
15 The Transformation of Friedrich List's Theory of State and Economy to Georgia—A Model Experiment
15.1 Geographical, Political and Economic Starting Position
15.2 Historical Review
15.3 Political Starting Points
15.4 Economic Starting Points
15.5 Starting Points for the Development of the Secondary and Tertiary Sectors
15.6 Starting Points for Infrastructure Development
15.7 Concluding Remarks
Notes
16 Friedrich List and European Integration
16.1 The Idea of Integration
16.2 The Journalistic Implementation of the European Idea
16.3 Economic and Political Integration
16.4 List’s Efforts for an Anglo-German Alliance
Notes
17 How Would Friedrich List Comment on Brexit?
17.1 The Die Is Cast
17.2 The Failed Attempt at an Anglo-German Alliance
17.3 English Insular and Commercial Supremacy
17.4 Brexit and the Continental Alliance
17.5 Concluding Remarks
Notes
18 For the Emancipation of Jews and Against Anti-semitism
Notes
19 Broad Development Policy Guidelines
19.1 The Division of the World Into Temperate and Hot Zone Countries
19.2 The “Free” and “Unfree” Countries of the Hot Zone
19.3 The Diversity of Developing Countries
19.4 Stage Theory
19.5 Thoughts on Development Aid
19.6 The Infant Industry Argument
19.7 The Improvement of Infrastructure–A Key Role of Development Policy
19.8 The Place of Education in Development Policy
Notes
20 Current and Future Core Problems of the World Economy
20.1 The Greatest Global Challenges
20.2 Social Polarization in the World Community and the Fight Against Poverty
20.3 The Explosive Growth of the World Population
20.4 Disintegrating States
20.5 Wars, Terrorism, International Cartels and War Lords
20.6 The Global Supply of Drinking Water and Irrigation of Agricultural Land
20.7 Global Climate Change and Ecosystem Limits
20.8 The Instability of the International Financial Markets
20.9 Abuse of Power and Bad Governance
Notes
21 Epilog
21.1 Democracy and Industrialization Are Synonymous, They Are Inseparable!3
Notes