2001 Fiscal Year Final Research Report Summary
The Origin and Development of Alternative of Economic Policy in the German Capitalism after World War II
| Project/Area Number |
11630077
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic history
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| Research Institution | Chiba University |
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Principal Investigator |
AMEMIYA Akihiko Chiba University, Professor, 法経学部, 教授 (60202701)
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| Project Period (FY) |
1999 – 2001
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| Keywords | Cassel-Controversy / Productive Inflation / Liberal Interventionism / Economic Policy of As If / Artificial Equilibrium / Imperfect Competition / Competition of Industrial Location / Positive and Negative Integration |
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| Research Abstract |
At the last state of this research program I want to summarize my research results as following
1) I took up the controversy over the economic policy in the 1920's in Germany, which was called "Cassel-controversy" at that time. Gustav Cassel asserted that the economic stagnation in Europe of those days was caused by it, that the investment was restricted by the reinforcement of trade unions and the development of the welfare state. A social democrat, Emil Lederer opposed him and argued that it was necessary to take measures to boost the economy and industry policy in order to change the old industrial structure.
2) The innovation of the economic liberalism began in the 1930's. In this process the great depression and Fascism played a great role. The economic liberals maintained that "liberal interventionism" should be introduced in order to destroy the political pluralism and to bring the equilibrium to imperfect competition markets. I could make clear this relationship between the economic liberals and "strong state" as Nazi Germany through the investigation of the works of the leaders of the new economic liberalism of those days, those of E.v. Beckerath, H. Stackelberg, L.Miksch, W.Eucken and A.Rustow.
3) I paid attention to the political meanings of the perspective of social historical integration in the context of globalization and stressed the importance of a viewpoint of the positive and negative integration. From this viewpoint I examined closely the policy concept of Oskar Lafontaine, who criticized the new liberalism furiously and proposed as the important political tasks in the age of globalization the international cooperation for stabilization of currency and regulation of movement of short-term capital.
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