Kameralismus als paradoxe Konzeption der gleichzeitigen Stärkung von Markt und Staat. Komplexe Theorielagen im deutschen 18. Jahrhundert

Priddat, Birger P.

doi:10.1002/bewi.200801305

Cited by 13 publications

(5 citation statements)

References 4 publications

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“…92f. )This sounds familiar to the analytical concept of Glückseligkeit (a holistic concept of a societal welfare-maximization schedule similar to modern-day Bhutan’s “Happiness Index”) to be found in German economic discourse since the age of von Seckendorff’s Fürstenstaat (1660) (Priddat 2008). But it also shows awareness of the possibility of a functionally and well-differentiated market economy.…”

Section: Velocity or The Management Of Monetary Massmentioning

confidence: 96%

“…19–26), the archetypically neoliberal vision of the modern market economy (Harvey 2007) as a means to maximize societal welfare would have been out of order. Free markets had to be created by design; they had to be organized: homo was, as yet, not oeconomicus but still profoundly imperfectabilis (Priddat 2008; Bowler 2002). There were too many competing freedoms in the market, such as feudal and other privileges, as well as possibilities for rent seeking, including monopolies enjoyed by craft guilds (Epstein 2000; Epstein and Prak 2008).…”

Section: “Laissez-faire With the Nonsense Taken Out”: Silver Deflatimentioning

confidence: 99%

“…), eighteenth-century Cameralism was at least sufficiently codified and “canonized” to a degree to classify as a visible and peculiar economic theory. Since the 1720s Cameralism was a fully accredited course of study at German, Swedish, Italian, and Portuguese universities, with a fairly specified range of textbooks used in class, implying a degree of epistemological coherence that other streams of thought, such as mercantilism, lacked (Rössner 2015; Magnusson 2016; Reinert and Carpenter 2016; Reinert and Rössner 2016; Backhaus 2009; Priddat 2008; Bowler 2002; Wakefield 2009).…”

Section: Introduction: Monetary Management and State Intervention As mentioning

confidence: 99%

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Monetary Theory and Cameralist Economic Management, C. 1500–1900 A.D.

Roessner

2018

J Hist Econ Thought

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More than England and other states, the German principalities were, in the pre-industrial period, hampered by silver outflow and persistent pressures on the balance of payments, which led to idiosyncratic models and strategies of economic development usually but not entirely helpfully called “Cameralism.” It is less well understood how Cameralism, as a policy of order and development, and monetary theory went together. The present paper will sketch these working mechanisms as well as provide a few angles for new perspectives and future research. A first section after the brief introduction studies general issues of development in relation to balance-of-payment constraints (II), followed by the discourses on whether the domestic currency ought to remain stable in terms of intrinsic (silver) value (III), or whether it may be debased so as to raise domestic exports and competitiveness (IV). Both options were considered, at times and by varying actors, as valid strategies of promoting economic development, especially export-led growth, although most contemporaries viewed coin debasement as harmful to the economy. A fifth section discusses an alternative to the aforementioned strategies, that of raising effective monetary mass through increasing velocity. Since the Middle Ages and into the nineteenth century, the German economic tradition had a clear understanding of how velocity could be managed and the common weal stimulated by an increase in “vivacity” of circulation (V). In hindsight, it appears that we find here a powerful program towards promoting economic development and Europe’s rise towards capitalism. A conclusion will offer some thoughts for further research (VI).

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Section: Velocity or The Management Of Monetary Massmentioning

confidence: 96%

Section: “Laissez-faire With the Nonsense Taken Out”: Silver Deflatimentioning

confidence: 99%

Section: Introduction: Monetary Management and State Intervention As mentioning

confidence: 99%

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Monetary Theory and Cameralist Economic Management, C. 1500–1900 A.D.

Roessner

2018

J Hist Econ Thought

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“…From the 1750s onward, the textbooks of the cameral sciences were theoretically nuanced, politically loaded, and aimed at extensive social and economic reforms. Moreover, it can be argued that academic cameralists were entirely familiar with the idea that human beings can be the best judges of their own interests and that free trade and other non-governed activity is in many circumstances the most efficient way to foster the common good (Priddat 2008;Rössner 2016). During the second half of the eighteenth century, the cameralists began to classify themselves as universal cameralists (Universal-Cameralist) and particular cameralists (Particular-Cameralist) (Justi 1755: preface).…”

Section: Natural Law Natural Rights and The Legitimate Self-interestmentioning

confidence: 99%

From Fatherly Government to an Economic State

Nokkala¹

2021

History of Political Economy

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This article reinterprets late Cameralists’ contribution to the reorientation of Cameral sciences in the second half of the eighteenth century. It analyses the conceptual changes to the central concept of happiness during the second half of the eighteenth century that resulted from the rethinking of the natural law foundations of the discipline. Understanding the political philosophical underpinnings of universal Cameral sciences, as they were formulated using the language of natural law, enables a new interpretation of the history of Cameralism. The shift from duties based on natural law to an emphasis on inalienable natural rights helped the late Cameralists build a political theory of an economic state, which relied on the motivating forces of legitimate self-interest and passions. The late Cameralists redescribed happiness in terms of freedom, thereby accomplishing a shift from Cameral sciences’ legitimization of fatherly rule to a political thought that had its legitimacy in the provision of freedom, security, and wealth to householders, who in their part were the main agents and movers of the economic state.

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“…For the 'economists,' the granaries constituted an important sparring pit that initiated new concepts of an integrated, cyclical economy and prepared the way for new food regimes in the nineteenth century based on free-trade rather than charity (Priddat 2008 ). The sovereign used them for power politics, as well as portraying himself as a good shepherd.…”

Section: The Global Famine Of 1770-1772mentioning

confidence: 99%

Grounding Global Climate Change

Greschke¹,

Tischler²

2015

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Kameralismus als paradoxe Konzeption der gleichzeitigen Stärkung von Markt und Staat. Komplexe Theorielagen im deutschen 18. Jahrhundert

Cited by 13 publications

References 4 publications

Monetary Theory and Cameralist Economic Management, C. 1500–1900 A.D.

Monetary Theory and Cameralist Economic Management, C. 1500–1900 A.D.

From Fatherly Government to an Economic State

Grounding Global Climate Change

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