Create a new account

It's simple, and free.

Selections from a Book

Entry 1: Friedrich List. From National System of Political Economy. Selection from a book.

The selection covers the author's argument for railroad expansion in Germany in the 1830s and the benefits to be derived therefrom. List was a German political economist who favored protectionist measures and argued for economic nationalism.

Railroads will affect the economic structures of this German region tremendously, according to List. He writes that it will decrease prices, increase trade, increase goods available, increase travel which affects economics, increase and cheapen fuel, and generally open up the region economically to all other surrounding and distant areas.

This selection from List would fit into Chapter 22 in Kagan, in the section entitled "Railways" on page 763. Kagan agrees with the basics of List's argument--that Britain was developed in terms of railroads far more than Germany, and that the development of railroads in general bettered greatly the economic conditions of any region which experienced such development and expansion.

Kagan gives only the bare-bones overview of the significance of railroad development in Europe and does not focus on specific improvements to be derived, although he does consider travel and products in the most scanty way. List, on the other hand, explores in greater detail the conditions which prevail in one specific country, compares those conditions to much different circumstances in Britain, and argues specifically for the development of railroads in Germany, basing his argument on the improvements which would occur in many areas of German life. Kagan looks at the railroads briefly and objectively, while List presents a reasoned and more detailed argument for their development in Germany.

Entry 2: Karl Marx and Friedrich Engels. From Manifesto of the Communist Party. Selection from a book.

The selection "lays out the economic process by which the bourgeoisie and the capi...

Page 1 of 6 Next >

More on Selections from a Book...

Loading...
APA     MLA     Chicago
Selections from a Book. (1969, December 31). In LotsofEssays.com. Retrieved 03:00, March 29, 2024, from https://www.lotsofessays.com/viewpaper/1689851.html