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Fall 2022
ISSN 0890-913X
Volume 37, Number 3

Werner Sombart’s Ghost: The Geist That Haunts the New Histories of Capitalism

Hans L. Eicholz, Liberty Fund
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/index.php?action=ajax&rs=GDMgetPage&rsargs[]=2022 Journal of Private Enterprise Vol 37 No3 Fall parte3.pdf&rsargs[]=0
TheJournalofPrivateEnterprise37(3),2022,39-60WernerSombartsGhost:TheGeistThatHauntstheNewHistoriesofCapitalismHansL.Eicholz*LibertyFundAbstractAnumberofwritershavepointedtothesimilaritiesofearlyMarxistconceptionsofhistoryandtheargumentsandconclusionsfoundintheNewHistoriesofCapitalism.Lesswellknownhavebeentheinterestingparallelswiththeworkofthechiefproponentofthetermcapitalism.”Marxonlyrarelyusedcapitalisttodesignatetheownersofthemeansofproduction.ItwasWernerSombart,theinterlocutorofMaxWeberwithintheHistoricalSchool,whodidthemosttopromotetheuseofcapitalismasatermandwhomostthoroughlytheorizedaboutitsapplicationtohistoricalinterpretation.Thispapercontendsthattheprimarycategoriesrespectingtherelationshipofmarketstowar,slavery,andcolonialismevidentintheNewHistories,andmostespeciallyinSvenBeckertswork,aretobefoundinWernerSombartswritings.Andyetonewonderswhytherehasbeennoexplicitattribution.JELCodes:B13,B14,B24,B25,B31,B52,B53Keywords:capitalism;WernerSombart;SvenBeckert;OttoHintze;slaveryI.TheNot-So-NewNewHistoriesHownewaretheNewHistoriesofCapitalism?Manyinsightfulcommentariesontheworksthatnowfallunderthisheadingfromthe1619ProjecttothevariousbooksofsuchnotableauthorsasEdwardBaptist,SethRockman,andWalterJohnson,amongothershavebeenwritten.Inmostinstancesthecommentarieshavebeenhighlycriticaloftheworkstheoreticalorientationandtheirclaimofnewnessofinformationalcontent.Untilnow,however,oneworkhasgenerallywithstoodsuchcriticism:SvenBeckertsEmpireofCotton(2015).Bothinhisnarrative*ThispaperwasoriginallypresentedattheannualmeetingoftheAssociationforPrivateEnterpriseEducationheldinLasVegasNevadainthespringof2022.Ithankmyfellowpanelists,JeffHummel,andPhilMagnessfortheircommentsandreferences.AlltranslationsofcitationsfromSombartnotpreviouslytranslatedaremyown,withtheGermantextprovidedinfootnotes.
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