12/12/2019

Wilhelm Röpke: An economist against the technicians

"For Röpke a stable, prosperous, and dynamic market economy is only possible when free persons guided by conscience are animated by a transcendent sense of purpose. They must receive moral formation in family and community, be protected by the rule of law, and enjoy peaceful material and cultural exchange with those of other nations. The conditions of human flourishing are only ever partially fulfilled by bread alone, “Man can wholly fulfill his nature only by freely becoming part of a community and having a sense of solidarity with it. Otherwise he leads a miserable existence and he knows it.”"