The Philosophy of the Practical: Economic and EthicCroce, Benedetto
Philosophy
The Philosophy of the Practical: Economic and Ethic
Croce, Benedetto
Economics; Ethics; Will
But to conquer empiricism was not enough; economic Science was menaced
in its existence by the so-called _historical School,_ which refused
to recognize abstract definitions and set up against them the infinite
variety of historical facts; hence the strife with historicism
conducted by Menger and the Austrian school. A consequence of the
struggle against the political degeneration of economic science was
the constitution of Economy as a _pure_ science (Cairnes). This was
all the more necessary, inasmuch as by confounding the abstract with
the concrete, and in the concrete itself, Economy with Ethic, there
was a desire manifested upon several occasions among German economists
(ethical school), and among Catholics of all countries, for an economic
Science that should have as its base Ethic. The conception of Economy
as a science deduced from the _egoistic_ hypothesis, has been the
extreme form of the reaction against ethicism (for example in the
treatise of Pantaleoni). The dangers arising from philosophism have
been less, because recent times, in which that discipline has most
flourished, have not sinned through excessive philosophy.
Of late, owing to the works of Jevons and of other Englishmen, of
Gossen, of the Italians of the school of Ferrara, and of the Austrians,
Economy has become at once more and more complicated and more simple,
owing to the applications, extensions, and reductions that it has
effected. But if with its progress it be able to become ever more exact
and perspicuous, yet it will never for that reason become _organic;_
its character of a quantitative discipline, of an applied mathematic,
in which the atomism of the postulates and of the definitions is
insuperable, does not allow of such metamorphoses.
[Sidenote: _Signification of the judgment of Hegel upon the Science of
Economy._]
In this connection and as the seal upon what we have just been saying,
it is fitting to observe that the phrase of Hegel referred to above
can only have been interpreted as expressing admiration for the degree
of truth attained by Economy, owing to the ignorance of Hegelian
philosophy that has become usual; as though Hegel meant that Economic
science did much honour to the _thought,_ that is, to the speculative
reason. Hegel wished to say, on the contrary, that Economy does much
honour to the intellect, that is, to the intellect alone, to that
_abstractive_ and arbitrary _intellect_ which he hunted down in all
his philosophy: that it is not indeed true and philosophical science,
but a simple descriptive or quantitative discipline treated with much
elegance. This praise also contained the demand for a delimitation,
which, however, he did not expressly enunciate, develop and execute.
[1] _Philos, d. Rechtes,_ § 189. _Zus._
VI
CRITIQUE OF THE CONFUSIONS BETWEEN ECONOMIC SCIENCE AND PHILOSOPHY OF
ECONOMY
[Sidenote: _Adoption of the method and of definition of Economy by
Philosophy._]
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