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Heinrich Pesch on Solidarist Economics presents excerpts from Lehrbuch der Nationalökonomie, written by Pesch, and probably the longest economics textbook ever written, in English for the first time. This five volume work appeared in several editions in German between 1905 and 1926. With this text, Pesch created one of the few original economics works, in which he proposed the solidarist system of human work in juxtaposition to individualistic capitalism and collectivistic socialism, both of which he critiqued and opposed. Through this proposal, he also introduced a social philosphy, solidarism. The translator provides some of the most representative excerpts to demonstrate the nucleus of what the German Jesuit scholar attempted to accomplish in his textbook. His ideas prominently impacted the Roman Catholic Church's social teachings from 1931 through the present teachings of Pope John Paul II.
Personalist Economics: Moral Convictions, Economic Realities, and Social Action examines the nature of the worker and consumer from a personalist perspective, comparing that body of knowledge to what is received from conventional economics. A running theme throughout this book is that personalist economics is attentive to both aspects of human material need - physical need and the need for work as such - in a way that does not disregard human wants. Accordingly, this book is more concerned about the philosophical base and description of the economy's significant characteristics than social economic policy. Personalist Economics explores four dimensions of particularly acute human physical need: unemployment, poverty, homelessness, and death. In addressing these four aspects of need, the book delves into the second and third domains of social economics: description of the significant characteristics of the economy, and social economic policy. In the same way, Personalist Economics explores two types of economic cooperation - supra-firm alliances and inter-firm partnerships - as means for addressing certain aspects of human material need. This book concludes with a lengthy discussion of the challenges facing personalist economics in the years ahead.
Socialism is the watchword and the catchword of our day. The socialist idea dominates the modem spirit. The masses approve of it. It expresses the thoughts and feelings of all; it has set its seal upon our time. When history comes to tell our story it will write above the chapter “The Epoch of Socialism.” As yet, it is true, Socialism has not created a society which can be said to represent its ideal. But for more than a generation the policies of civilized nations have been directed towards nothing less than a gradual realization of Socialism.17 In recent years the movement has grown noticeably in vigour and tenacity. Some nations have sought to achieve Socialism, in its fullest sense, at a single stroke. Before our eyes Russian Bolshevism has already accomplished something which, whatever we believe to be its significance, must by the very magnitude of its design be regarded as one of the most remarkable achievements known to world history. Elsewhere no one has yet achieved so much. But with other peoples only the inner contradictions of Socialism itself and the fact that it cannot be completely realized have frustrated socialist triumph. They also have gone as far as they could under the given circumstances. Opposition in principle to Socialism there is none. Today no influential party would dare openly to advocate Private Property in the Means of Production. The word “Capitalism” expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas. In seeking to combat Socialism from the standpoint of their special class interest these opponents—the parties which particularly call themselves “bourgeois” or “peasant”—admit indirectly the validity of all the essentials of socialist thought. For if it is only possible to argue against the socialist programme that it endangers the particular interests of one part of humanity, one has really affirmed Socialism. If one complains that the system of economic and social organization which is based on private property in the means of production does not sufficiently consider the interests of the community, that it serves only the purposes of single strata, and that it limits productivity; and if therefore one demands with the supporters of the various “social-political” and “social-reform” movements, state interference in all fields of economic life, then one has fundamentally accepted the principle of the socialist programme. Or again, if one can only argue against socialism that the imperfections of human nature make its realization impossible, or that it is inexpedient under existing economic conditions to proceed at once to socialization, then one merely confesses that one has capitulated to socialist ideas. The nationalist, too, affirms socialism, and objects only to its Internationalism. He wishes to combine Socialism with the ideas of Imperialism and the struggle against foreign nations. He is a national, not an international socialist; but he, also, approves of the essential principles of Socialism.
This book discusses the history and socioeconomic impact of Rerum novarum, the first Catholic social encyclical. Drawn from research presented at the 2016 Heilbronn Symposia on Economics and the Social Sciences, this book resumes the discussion on the origin, dissemination and impact of the Catholic social doctrine which originated in this epoch-making encyclical, arguing that the fundamental concepts of this doctrine have had long-standing influence on the development of the modern social state and social market economy. Beginning with an introductory background on the Rerum novarum, the book moves through chapters focused on the implementation and application of the doctrine throughout its history and the impact it has had on global economics. The book starts with the contributions of precursors and pioneers of the doctrine such as Bishop Wilhelm von Ketteler , proceeds to the reception of Rerum novarum after its implementation, and presents examples of its application. It then moves to the central question of Rerum novarum on the role of land, the taxation of immovable property, and more generally, justice. The book concludes with comments on the wider significance of Rerum novarum and Catholic social doctrine from a sociological and theological perspective. This book will be useful for academic researchers interested in theoretical economic history, political science and history, economic thought, as well as contemporary global and social issues from the perspective of the Christian faith.
This book discusses the work of German economists Gustav von Schmoller and Adolph Wagner, its influence on the tradition of German and Austrian economic and social thought, and its implications for the discipline today. Schmoller and Wagner integrated philosophical, historical, sociological and political approaches into the science of economics, focusing specifically on economic development. Schmoller, who is considered the head of the second generation of the German Historical School, argued that general propositions of economic theory had to be based on historical-empirical studies. In contrast, Wagner was a systematologist who preferred to start his investigations into economic problems from abstract principles. Schmoller and Wagner share, however, a common focus on institutions and the role of the state; Wagner favored state policy initiatives, while Schmoller was concerned with the risks of state policy failure. One hundred years after their deaths, the contributions to this book look into their approach, trace the influence of their ideas, and explore the relevance of their thought in a global economy. This book will be useful for students and scholars interested in socio-economics, the history of economic thought, economic policy, and political science.
The Dilemmas of Social Democracies seeks to advance the eradication of poverty and the ethical construction of social democracy and sustainable peace. Howard Richards and Joanna Swanger argue that the reason that capitalism resists transformation and that social democracy is so hard to achieve is because of the philosophical and institutional underpinnings-the constitutive rules-of capitalism; the book therefore explores the historical origins of these rules, their implications for blocking progress toward social justice, and how they can be improved.
"Explores the views of Eugenio Pacelli, who served as pope during the tumultuous period of 1939 to 1958. Prodigious in his output, Pius XII produced 40 encyclicals, 19 highly regarded Christmas messages, and a series of addresses to groups and organizations, laying the groundwork for the economic views of his successors"--P. [4] of cover.
This is the first English translation of the works of Heinrich Pesch, SJ (1854-1926). Pesch, a German Jesuit scholar and economist, wrote the longest, most exhaustive economics text ever written, one that deserves to be regarded as a kind of Summa Economica. The five-volume Lehrbuch der Nationalokonomie examines all serious economic thinking up until Pesch's time, culling what was deficient, retaining what was worthwhile, and filling in what its author perceived to be lacking. The result was a design for an economic system that is opposed to both classically liberal capitalism and state socialism, based instead on Aristotelian-Thomistic philosophical premises. Pesch developed many of the basic principles which emerged in the social encyclicals of the Catholic Church.