Foundations of Modern Political and Economic Thought
Liberalism
Importance
- It ends with the Ancien Régime (AR).
- It starts the Contemporary Era.
Contemporary Aspects
- Economic changes (Rise of Industrial Capitalism).
- Sociopolitical changes (Class Struggle, Emergence of liberal-bourgeois nationalism).
Philosophical-Political Theory
- Base: Enlightenment thinkers (Montesquieu, Voltaire, Rousseau).
- Principles: National sovereignty (with restricted suffrage), division of powers, rights and liberties, legal equality, but economic social inequality. These principles were enshrined in the Constitution of 1812.
- Actions: Revolutionary waves of 1820, 1830, and 1848, and Pronunciamientos (military uprisings).
Economic Aspects
Theory: Laissez-faire economic theory, associated with Adam Smith's The Wealth of Nations.
Key Technical Elements
- Division of labor.
- Freedom of price (supply and demand).
- Free competition (worker-employer).
- The role of the State as a "gendarme" (minimal intervention).
Opposition
- The Ancien Régime (return of Ferdinand VII).
- Democratic and socialist movements.
Social Class
The middle class.
Nationalism
Importance
The great engine of contemporary liberalism, capitalism, and the Industrial Revolution.
Causes
- Economic: Need for a domestic market and development of communications (e.g., railway).
- Sociopolitical: Bourgeois Revolutions and the concept of the freedom of peoples.
- Romantic Spirit: Exaltation of national feelings (Herder, Müller, Fichte).
- Key Events: Napoleonic Empire led to a nationalist backlash in Spain.
Consequences/Relocations
Influenced Liberalism, Colonialism (leading later to decolonization), and Fascism.
Classification
- Conservative Nationalism: Seen in Germany and Italy; associated with colonialism, racism, fascism, and xenophobia.
- Progressive Nationalism: Associated with the revolutionary waves of 1820-30-48 and decolonization after World War II.
Ambiguity
- Meaning:
- Vulgar Sense: A sense of belonging to a community (based on race, language, territory, culture, or Volksgeist).
- Intellectual Sense: The building of Nation-States, which could be centrifugal (e.g., Greece, Belgium, USSR, Yugoslavia) or centripetal (e.g., Italy, Germany).
- Chronology: Before 1848, it was often associated with revolutionary conservatives.
- Space:
- Germanic: Focused on the Volksgeist.
- Latin: More democratic (e.g., Mazzini).
Capitalism
The dominant mode of production in contemporary societies.
Mode of Production
Refers to the organization of economic activity within a society.
Factors of Development
- Accumulation of primitive capital through trade.
- Adoption of economic liberalism principles against the strict rules of the Ancien Régime (RA).
Structural Features
- New Means of Production (MP): Capital, raw materials, energy sources.
- New Factors of Production (FP): Employers and employees.
- New Production Techniques: Machines.
- New Social Relations of Production: Workers receive a salary, while the employer obtains capital gain.