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More Than Just a Production Factor: The View of Labour in the Works of the Norwegian Economist Torkel Aschehoug (1822–1909)

In: The Liberation of the Serfs

Author

Listed:
  • Clara Mathilde C. Fasting

    (University of Erfurt)

  • Sylvi B. Endresen

    (University of Oslo)

Abstract

Different dimensions in the debate on labour and work are used to present the general approach and ethics embedded in the economics of Aschehoug. The main findings can be summed up as follows: Aschehoug represents a “multi-dimensional” economics giving a nuanced and broad picture that draws on economics as well as psychology, philosophy, sociology, and other human sciences. As a consequence, workers are not considered production factors only, but seen as human beings having human needs. Professor Balbakins underlines exactly the same point in his discussion about the German/Austrian economist Albert Schäffle (1831–1903). Schäffle was one of Aschehoug’s contemporaries, he had almost the same lifespan. Balabkins points out that Schäffle “brings into wider perspective that economics is a science about the complex living organism called homo sapiens…the human being was not a commodity”. Furthermore, he describes Schäffle as being “not a typical contemporary one-dimensional mathematical economist, possessing statistical prowess but lacking erudition in economic history or geo-politics, or rudiments of sociology”. Even though all of Aschehoug’s contemporaries were not one-dimensional, the trend towards a specialized scientific mathematically based economics was on its way.

Suggested Citation

  • Clara Mathilde C. Fasting & Sylvi B. Endresen, 2012. "More Than Just a Production Factor: The View of Labour in the Works of the Norwegian Economist Torkel Aschehoug (1822–1909)," The European Heritage in Economics and the Social Sciences, in: Jürgen Georg Backhaus (ed.), The Liberation of the Serfs, edition 127, chapter 0, pages 43-64, Springer.
  • Handle: RePEc:spr:euhchp:978-1-4614-0085-1_7
    DOI: 10.1007/978-1-4614-0085-1_7
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