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Human Image in the Idea of liberal Economists
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자유주의 경제학자들의 사상에 기초한 人間像

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Type
Academic journal
Author
Journal
한국질서경제학회 질서경제저널 질서경제저널 제17권 제3호 KCI Accredited Journals
Published
2014.1
Pages
47 - 66 (20page)

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Human Image in the Idea of liberal Economists
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Liberalism is a conception emanating from the basic attitudes of Western man towards life, which, depending on the historical situation, will look for alliances with other ideas and factors, thus achieving stature in most different forms. In the economic Liberalism of the 18th century, strong economic and temporarily justified interests joined forces with a rational individualism embellished by conceptions of natural law and to a high degree influenced by the thoughts of natural science (Adam Smith). The absolute superstitious belief in the “natural order” impeded institutional adaptations to the changing structures. In Neoliberalism, the metamorphosis of reality and human consciousness receives rather different conceptions. The gamut ranges from utilitarian and rational individualism (Mises), past conservative personalism (Hayek), to the division of mankind into a creative elite and an irrational mass subordinate to it (Eucken). Accordingly, the institutional proposals diverge. The conception of the “Night Watchman state” is revived by Mises. In the system of competition as developed by Eucken, the state equipped with extraordinary powers has the special task of maintaining order. Hayek has left the road open for the lawful “cultivation” of institutions in the market economy with a consideration for what has grown organically. Yet he, too, in spite of his knowledge of the problems of an “affluent society” (Galbraith) has remained captive of the myth of the productivity of the free market economy. Only Röpke und Rüstow take up this problem and demand an “economic humanism” supported by an active, stirring policy. Here finally, the so unfortunate comabination of idealistic humanism and scientific rationalism of the old liberal order seems to dissolve and be replaced by a humanistic economic liberalism.

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