The Philosophy of the Practical: Economic and EthicCroce, Benedetto
Philosophy
The Philosophy of the Practical: Economic and Ethic
Croce, Benedetto
Economics; Ethics; Will
them in the history of philosophy (and we believe that he was the
first). He exposes at length in his work the ideas of Hume, of Smith,
of Stewart, attributing it as a merit to the English writers to have
reduced that material to philosophy by a method of treatment without
example (he said) in previous centuries.[24] Finally, Hegel dedicated
certain important paragraphs of his _Philosophy of Law,_ in the section
dealing with civil society,[25] to the "system of wants," or Economy.
The cult of Economy has rather increased than diminished in the
nineteenth century and the much-discussed social problem (especially
capitalism and socialism) has not been without a certain influence
upon treatises of Ethic, where, if we rarely find statements that are
strictly economic, there is always plenty of chatter about property and
production and the relations between the working and capitalistic class.
[Sidenote: _Philosophical questions arising from a more intimate
contact between the two._]
But a more intimate bond could not take place, save when attempts to
understand the material of science and to place it in the system of
the spirit were united with economic Science, properly so called. For
since that science is occupied with human actions and appears to give
advice as to conduct, in what relation can it possibly stand to Ethic,
which is also occupied with actions and also gives advice?--Such a
question was in a certain way already implied in the mediæval idea of
a _justum pretium,_ to be placed beside the effective price, which is
realized according to the knowledge and convenience of each; it forms
the kernel of the debate between the _subjective and the objective_
concept of value, that is, between the purely economic consideration
and another resulting from moral exigencies, between the value that
is, and that which in a certain way should be. It began to wax ardent,
with the accusation, of being theoreticians of egoism, hurled at the
great English economists, Smith and Ricardo; this accusation, taken
up and modified by others, became accepted as the true and proper
designation of the function of Economy, which should accordingly be
that of studying human actions in their exclusively abstract, egoistic
aspect. But, since abstraction is not full reality, the false task
assigned to Economy called for the aid of the doctors. Such were
the French economists, seized with the mania of teaching generosity
to the cold Britons (Blanqui, etc.); such too were the Germans, who
wished to induce Economy to mend its ways and to become conscious of
its lofty duties towards the human race (Knies); such, finally, were
the Christians and Catholics, who thought to purify or to exorcise
that worldly and diabolical science by mingling with it ethical and
economical considerations. It was rarely suspected that economic
facts, as such, are neither egoistic nor altruistic, neither moral nor
immoral; and when it was desired to philosophize the subject, some one
Public-domain text, read in full here on John Shaqi.
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