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
And Governments, while charged with maintaining the political unity of
a country, ought also to retain its economic unity by subordinating all
local interests to the general interest, by preserving intact the liberty
of internal trade, by organising railways and canals on a national basis,
by keeping watch over the central bank, and by aiming at a uniform code
of commercial legislation. This was the programme outlined by List in his
paper the _Zollvereinsblatt_.
This belief in the power which a unified economic organisation can bring
to a nation is by no means too common among individualists, who at bottom
are often particularists. But List possessed it in the highest degree.
He devoted many years of his life to advocating the establishment of a
German railway system, and it was he who traced the principal highways
which have since been established in Germany. Protection, in his opinion,
was one means of increasing the economic cohesion of Germany, because of
the solidarity of interests which would result from the presence of a
powerful industry.
With similar enthusiasm he devoted himself to two apparently
contradictory tasks—the suppression of inter-State duties and the
establishment of protective rights. To him there was no element of
contradiction in this, any more than there would be for us in a national
system of political economy with no protective rights.[617]
He also extended the political horizon of the Classical school and
substituted a dynamic for their purely static conception of national
development. His thorough examination of the conditions of economic
progress is a contribution to the study of international trade exactly
analogous to the contribution made by Sismondi to the study of national
welfare. But, unlike Sismondi, who wished to retard this progress, he is
anxious to stimulate it, and so he charges the State with the duty of
safeguarding the future prosperity of the country and with furthering its
production. The actual procedure, involving as it did the establishment
of protective rights, may appear to us to be unfortunate.[618] But the
idea which inspires it—the recognition that in the interests of the
future national power has a definitely economic _rôle_—is essentially
sound. To-day it is a mere commonplace, but when List enunciated it it
was quite a novel idea.
Public-domain text, read in full here on John Shaqi.
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