Wichard von Moellendorff (engineer), Date of Birth, Place of Birth, Date of Death

    

Wichard von Moellendorff (engineer)

German economist

Date of Birth: 03-Oct-1881

Place of Birth: British Hong Kong, United Kingdom

Date of Death: 04-May-1937

Profession: economist

Nationality: Germany

Zodiac Sign: Libra


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About Wichard von Moellendorff (engineer)

  • Wichard von Moellendorff (3 October 1881, Hong Kong – 4 May 1937, Berlin) was a German engineer and economist.
  • He is most widely known for his involvement in economic policy during and after the First World War.
  • He was also involved in materials research. In 1916 Moellendorff developed the concept of "social economy" which was a variant of socialism in which rather than eliminating private property subordinates private interests to the society as a whole.
  • He saw that this might be implemented by an organisation like Bismarck's National Economic Council (Volkswirschaftsrat).
  • Moellendorff saw this as a way of establishing a "rejuvenated middle classes".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".

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