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The Theory of Capitalism in the German Economic Tradition - Historism, Ordo-Liberalism, Critical Theory, Solidarism (Hardcover, 2000 ed.)
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The Theory of Capitalism in the German Economic Tradition - Historism, Ordo-Liberalism, Critical Theory, Solidarism (Hardcover, 2000 ed.)
Series: Ethical Economy
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The theory of capitalism and of the economic order is the central
topic of the German economic tradition in the 20th century.
Capitalism has not only been the topic for Marxist economics and
for the Frankfurt School but also for the Historical School and for
the postmarxist theory of capitalism in Ordo- and Neo-Liberalism as
well as in Solidarism. The question of the foundations of the
economic order of the market economy and of capitalism as well as
the problem whether a third path between capitalism and social ism
is possible occupied this tradition from the Historical School to
Ordo Liberalism and the theory of the social market economy. The
theory of capitalism and of the social market economy as well as
the critique and reform developed in this theoretical tradition is
important for the theory of economic systems as well as for today's
problems of the eco nomic order. Its relevance for the present
world economy is visible in the discussions whether there exist
different models of capitalism and whether they can be described as
the Anglo-American and as the Rhenish model of capitalism
influenced by the thought of the German economic tradition. Michel
Albert, the author of this classification, gave the key-word in his
book Capitalism against Capitalism. The papers of this book can
help to clarify this debate by giving a first hand introduction to
some of the main economic thinkers of capitalism."
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