Loading AI tools
From Wikipedia, the free encyclopedia
Wichard von Moellendorff (3 October 1881 in Hong Kong – 4 May 1937 in Berlin) was a German engineer and economist. He is best known for his involvement in shaping economic policy during and after the First World War. He was also involved in materials research.
You can help expand this article with text translated from the corresponding article in German. (February 2016) Click [show] for important translation instructions.
|
In 1916, Moellendorff developed the concept of a "social economy", a variant of socialism that prioritizes the interests of the society as a whole over private interests, rather than eliminating private property altogether. He envisioned implementing this concept through an organisation similar to Bismarck's National Economic Council (Volkswirschaftsrat). Moellendorff saw this approach as a way to establish a "rejuvenated middle class".[1]
Following the German Revolution of November 1918, von Moellendorff was under-secretary to the Reichsminister für Wirtschaft (Minister for Economic Affairs) Rudolf Wissell. Together they were involved in developing a programme of "practical socialisation" based on corporatist principles which they claimed was superior both to capitalism and Marxist socialism. However, their programme was rejected in the summer of 1919, and he abandoned any hopes ofn the imminent realisation of what he described as "conservative socialism".[1]
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.