Lehrbuch Der NationalÖkonomie / Teaching Guide to Economics Volume IV/Book 2: The Satisfaction of a Nation's Wants as the Purpose of the National Economy and Production

Pesch examines the means of production from a broader perspective in economic life as both natural and technical. He describes the factor of production as the "produced means of production." Pesch regards man rather than labor as the leading primary factor of production. He refutes Marx's ideas of the means of production. Pesch deals with the capitalistic concept of enterprise and capitalism itself offering his definitions that clarify this economic system.


This is the first English translation of the works of Heinrich Pesch, SJ (1854-1926). Pesch, a German Jesuit scholar and economist, wrote the longest, most exhaustive economics text ever written, one that deserves to be regarded as a kind of Summa Economica. The five-volume Lehrbuch der Nationalökonomie examines all serious economic thinking up until Pesch’s time, culling what was deficient, retaining what was worthwhile, and filling in what its author perceived to be lacking. The result was a design for an economic system that is opposed to both classically liberal capitalism and state socialism, based instead on Aristotelian-Thomistic philosophical premises. Pesch developed many of the basic principles which emerged in the social encyclicals of the Catholic Church.

Table of Contents

The Material Means of Production

The Organization of Production (Organizational Technique)

The Branches of Production
-The Collector Economy, Primitive Production
-The Industrial System
-The Agricultural State and the Industrial State