Capitalism; Imperialism; Saving and investment; Socialism
During the forties, the leaven of revolutionary ideas was most
vigorously at work in France in the formation of the various secret
societies and socialist schools of the followers of Proudhon, Blanqui,
Cabet, Louis Blanc, etc. The February revolution and the June
proclamation of the 'right to work' led to a first head-on clash between
the two worlds of capitalist society--an epoch-making eruption of the
contradictions latent in capitalism. As regards the other, visible form
of those contradictions--the crises--the available data for observation
at the time of the second controversy were far more comprehensive than
in the early twenties of the century. The dispute between Rodbertus and
v. Kirchmann took place under the immediate impact of the crises in
1837, 1839, 1847, and even of the first world crisis in 1857--Rodbertus
writing his interesting pamphlet _On Commercial Crises and the Mortgage
Problem of the Landowners_[231] in 1858. Thus the inherent
contradictions of capitalist society meeting his eyes were in strident
discord with the doctrine of harmony held by the English classics and
their vulgarisers both in England and on the Continent, quite unlike any
critique in the times when Sismondi had raised his voice in warning.
Incidentally, a quotation from Sismondi in Rodbertus' first writing
proves that the former's strictures immediately influenced Rodbertus. He
was thus familiar with contemporary French writings against the
classical school, though perhaps less so with the far more numerous
English literature. There is no more than this flimsy support for the
myth of the German professors about the so-called 'priority' of
Rodbertus over Marx in the 'foundation of socialism'. Accordingly,
Professor Diehl writes in his article on Rodbertus in _Handwörterbuch
der Staatswissenschaften_: 'Rodbertus must be considered the real
founder of scientific socialism in Germany, since in his writings
between 1839 and 1842, even before Marx and Lassalle, he provided a
comprehensive socialist system, a critique of Adam Smith's doctrine, new
theoretical foundations and proposals for social reform.'
Public-domain text, read in full here on John Shaqi.
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