The Theory of Capitalism in the German Economic Tradition

Historism, Ordo-Liberalism, Critical Theory, Solidarism

  • Peter Koslowski

Part of the Studies in Economic Ethics and Philosophy book series (SEEP)

Table of contents

  1. Front Matter
    Pages I-XII
  2. Theory of Capitalism, Historism, and Economics in Joseph Schumpeter, Emil Lederer and Franz Oppenheimer

  3. The Theory of Capitalism, the Historical School, and the Theory of the Social Market Economy in Ordo-Liberalism and Neo-Liberalism: Walter Eucken, Alfred Müller-Armack, Franz Böhm, Friedrich Hayek

    1. Front Matter
      Pages 91-91
    2. Knut Wolfgang Nörr
      Pages 148-191
    3. Manfred E. Streit, Michael Wohlgemuth
      Pages 224-271
  4. The Critique of Capitalism in Hilferding and in the Frankfurt School

  5. The Theory and Critique of Capitalism and Economic Ethics in Solidarism (Christian Social Thought): Heinrich Pesch and Gustav Gundlach

    1. Front Matter
      Pages 369-369
  6. Historism in Other Schools of Economics

  7. Historism in Economic Law

    1. Front Matter
      Pages 465-465
  8. Historism, Relativism, and the Critique of Historism

  9. Back Matter
    Pages 561-577

About this book


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.


Liberal Liberalism Nation Schumpeter Theory of Finance Walter Eucken critical theory economic ethics economic policy economics ethics interpret issue political economy sweden

Editors and affiliations

  • Peter Koslowski
    • 1
  1. 1.Centre for Ethical Economy and Business CultureThe Hannover Institute of Philosophical ResearchHannoverGermany

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 2000
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-642-08592-5
  • Online ISBN 978-3-662-04084-3
  • Series Print ISSN 2211-2707
  • Series Online ISSN 2211-2723
  • Buy this book on publisher's site