The Political Economy of Friedrich List

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). 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