Hegel on Economics and Freedom

While Hegel has a reputation for the most empyrean philosophical speculation, economics is known as the most dismal of sciences. The conjunction of the two might be expected to produce an effect like that of plunging a flaming torch into a bucket full of cold water: One will extinguish the flame and churn up the water a bit, without shedding any light on either of them. The fusion of Hegel and economics requires something to smoothe the transition from one to the other, some third term to mediate between them and effect a successful synthesis. In this volume, the concept of freedom functions as the mediating term, and it is successfully used to shed light on both Hegel and economics. All the contributors explicate and exploit the tensions between Hegelian freedom and economic freedom to produce new understandings of both. The concept of freedom is one of a cluster of concepts which could have been used as mediating terms: Justice, reason, politics, or even philosophy might have produced volumes quite similar in spirit to this one; and my guess is that choosing either history or power might have yielded very different books.