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Wilhelm Röpke on Liberalism, Culture, and Economic Development

In: Wilhelm Röpke (1899–1966)

Author

Listed:
  • Nils Goldschmidt

    (University of Siegen)

  • Julian Dörr

    (University of Siegen)

Abstract

Goldschmidt and Dörr claim that Wilhelm Röpke’s “cultural pessimism” is not merely a diagnosis of his time but that it can also provide guidance to economics today. His observations regarding the interconnectedness of economic development and culture demonstrated the importance of social processes for economics. Goldschmidt and Dörr highlight the societal structures to which Röpke conferred importance for economic development, connecting this assessment to his views of a sustainable liberalism as an occidental cultural ideal. In addition to Röpke’s apologetics for Western culture, as exemplified by studying his attitude to South African apartheid, approaches to a culturally sensitive view of other regions can also be found in his work. Especially this “other Röpke” makes him valuable to contemporary cultural economics.

Suggested Citation

  • Nils Goldschmidt & Julian Dörr, 2018. "Wilhelm Röpke on Liberalism, Culture, and Economic Development," The European Heritage in Economics and the Social Sciences, in: Patricia Commun & Stefan Kolev (ed.), Wilhelm Röpke (1899–1966), pages 203-217, Springer.
    • Handle: RePEc:spr:euhchp:978-3-319-68357-7_14
    DOI: 10.1007/978-3-319-68357-7_14
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