Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
Although the higher science of Political Economy has, nearly always, been
conceived(114) as treating of the aggregate national activity of a people,
there have been many, recently, who consider Political Economy as no real
whole, but only as a mere abstraction. This is true, especially of many
unconditional free-trade theorizers, partly from a repugnance toward the
governmental guardianship of private businesses or economy. It is true,
also, of certain philosophers who consider the idea, “the people,” as
merely nominal.(115) There are, however, two things necessary to warrant
us to call a thing made up of a number of parts, one real whole: the parts
and the whole must have a reciprocal action upon one another, and the
whole, as such, must have a demonstrable action of its own. (_Drobisch._)
In this sense, “the people” is, unquestionably, a reality, and not alone
the individuals who constitute the “people.” Besides, it is truly said
that all husbandry or economy supposes a will (“systematized activity”
etc., _supra_, § 2). Such a will is ascribed to individuals, to legal
persons, to the state, but not, however, to “the people,” as a whole. But
this will need not be an entirely conscious one, as is plain from the case
of the less gifted and less cultured individuals engaged in household
economy. The systemization in the public economy of a people finds its
clearest expression in economic laws, and in the institutions of the
state. But it finds expression, also, without the intervention of the
state, in the laws established by use, and by the opinions of jurists or
courts, in community of speech, of customs and tastes etc.: things which
have an important economic meaning, which depend on the common nature of
the land, of race and history, and which influence the state, at least as
much as they are influenced by it.(116)(117)
The most that can be said, at present, so far as an economy of mankind, or
a world-economy, is concerned, is, that it may be shown that important
preparations have been made for it. We are approaching more nearly to it
by the ways of the more and more cosmopolitan character of science, the
increasing international coöperation of labor, the improvement in the
means of transportation, growing emigration, the greater love of peace,
and the greater toleration of nations etc.
Section XIII.
Political Economy.—The Economic Organism.
The idea conveyed by the word _organism_, is doubtless, one of the most
obscure of all ideas; and I am so far from desiring to explain(118) by
that idea, the meaning of public or national economy, that I would only
use the word _organism_ as the shortest and most familiar expression of a
number of problems, which it is the purpose of the following investigation
to solve.
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