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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.
Presents the preceding and alternative economic systems (mercantilism, physiocracy, Smith's individualistic system, and socialism) in contract with Pesch's own proposed system: the Solidaristic System of Human Work. There follows an analysis of national wealth and its two principle dispositional bases, natural resources and population. In refuting the Malthusian analysis, Pesch provides the maxim that if we see to the quality of the population, there need be no concern about its quantity.
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.
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.
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.
"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.
The new interdisciplinary field of Christianity and economics deals with the important and difficult questions that cluster at the boundary of these disciplines, drawing on contemporary theory and empirical findings in both fields, with roots in older discourses. This landmark volume surveys the field and advances the discussion. It deploys historical, economic, and theological analysis to search for answers.
Contrary to conventional wisdom about capitalism, the pervasive norm to acquire wealth and the zealous mission to fight poverty have their double sides often unsaid, in that there is no wealth without poverty, just as there is no poverty without wealth, such that more wealth also creates more poverty. Consider, for instance, America, which is regarded by many as the wealthiest country on Earth at the turn of the 21st century. Yet, this wealthiest country on Earth is also the most hated one around the world, as a soul-searching question after the September 11, 2001 terrorist attacks is, Why do they hate us so? Isn't it paradoxical, Dr. Baofu asks, that this enormous accumulation of wealth ends up creating more hatred and violence around the world, instead of contributing to a more prosperous, humane one? Is there something fundamentally wrong in this seductive idea of wealth acquisition in capitalism? The wealth paradox disappears, as Dr. civilization which prides itself on acquiring wealth as the central focus of life meaning is too inadequate to fulfill fully the domains of life on material, relational and spiritual concerns. It is so, since capitalism, as a historical contingency to fight the material impoverishment of pre-modernity, overdoes itself as a historical solution to the problem of poverty and will not last, to be superseded by what Dr. Baofu originally proposed as its successor, post-capitalism.