A history of economic doctrines : $b from the time of the physiocrats to the present dayGide, Charles
History
A history of economic doctrines : $b from the time of the physiocrats to the present day
Gide, Charles
Economics -- History
Of the principles of the Classical school the Free Trade theory was
the only one which still remained intact. This, however, was the most
important of all. Here the triumph had been complete. Freedom of
international trade was accepted as a sacred doctrine by the economists
of every country. In Germany as in England, in France as in Russia, there
was complete unanimity among scientific authorities. The socialists
at first neglected this topic, and when they did mention it it was to
express their complete approval of the orthodox view.[566] A few isolated
authors might have hinted at reservations or objections, but they never
caught the public ear.[567] It is true that Parliaments and Governments
in many countries hesitated to put these new ideas into practice. But
even here, despite the strength of the opposing forces, one can see the
growing influence of Smith’s doctrine. The liberal tariff of Prussia
in 1818, the reforms of Huskisson in England (1824-27), were expressly
conceived by their authors as partial applications of those principles.
However, there arose in Germany a new doctrine for which the peculiar
economic and political conditions of that country at the beginning of
the nineteenth century afforded a favourable environment. Although the
development was slow it was none the less startling. Friedrich List,
in his work entitled _Das Nationale System der Politischen Oekonomie_,
promulgated the theory of the new Protection. “The history of my book,”
he remarks in his preface, “is the history of half my life.” He might
have added that it was also the history of Germany from 1800 to 1840. It
was no mere coincidence that led to the creation of an economic system
based exclusively upon the conception of nationality in that country,
where the dominant political note throughout the nineteenth century
was the realisation of national unity. List’s work was a product of
circumstances, and these circumstances we must understand if we are to
judge of the author and his work.
I: LIST’S IDEAS IN RELATION TO THE ECONOMIC CONDITIONS IN GERMANY
The Germany of the nineteenth century presents a unique spectacle. Her
population was at first essentially agricultural, and the various states
politically and economically isolated. Her industry was fettered by the
corporative _régime_, and her agriculture was still in feudal thraldom.
Freed from these encumbrances, and having established first her economic
and then her political unity, she took her place during the last three
decades of the century among the foremost of industrial Powers.
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