The Moral Foundations of Society and Technological Progress of the Economy in the Work of Wilhelm Roepke

Wilhelm Roepke’s theorizing produced one of the most complex studies of feed- backs in socioeconomic systems, presenting a thorough account of the social dimension of the economy. In contrast to many other liberal theories, he adopted an integrated approach to analyze social, psychological, and moral aspects which affect and are affected by economic action, with the goal to study the stability of the economy in a systematic and comprehensive way. In R€opke’s view, the ultimate ends of the economy are man and the achievement of a good life.