Abstract
The economy of the State is a form of economy with its own peculiar properties. We shall try to identify and analyse these properties by means of a comparison between the basic principles, the form and structure of the state economy and the free, capitalistic market economy. Despite some typification and generalization, we shall discuss the state economy in terms of the actual forms assumed by the economy of the modern State and its subordinate bodies, such as municipalities. Once we have established the features peculiar to these forms of economy and classified them, we may ask whether this type of economy can be described as communal economy. By then we shall have identified so many elements of the communal economy, that we may be able to draw the picture of an economy which is exclusively communal in form, not only by contrast to the free market economy. This will help us to a full understanding of the principle and nature of the communal economy. Finally, we shall examine how, in our present-day dualistic economic systems, such communal economy takes shape in the economy of the State, and what interaction and distinction there is between it and the free capitalistic market economy.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Notes
Cf. H. Sultan, “Die Theorie der Staatswirtschaft” (a critique of my theory), Archiv für Sozialwissenschaft and Sozialpolitik 1928
F. Neumark, review of my Theory in Conrad’s Jahrbücher 1926; to some extent also Beckerath.
On the other hand, we find approval of the theory of communal spirit in S. Helander, “Die Grenzen der Besteuerung”, Finanzarchiv 1931, vol. 48, No. 1, p. 160; and now also E. R. A. Seligman: “It is this membership (in the groups as such) which transmutes and transfigures the individual.”
Editor information
Copyright information
© 1958 International Economic Association
About this chapter
Cite this chapter
Ritschl, H. (1958). Communal Economy and Market Economy. In: Musgrave, R.A., Peacock, A.T. (eds) Classics in the Theory of Public Finance. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23426-4_16
Download citation
DOI: https://doi.org/10.1007/978-1-349-23426-4_16
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-23428-8
Online ISBN: 978-1-349-23426-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)