1. Eduard Magnus Mortier Heimann was a German economist and social scientist who advocated ethical socialist programs in Germany in the 1920s and later in the United States.
20 Facts About Eduard Heimann
1. 2.
Eduard Heimann was hostile to capitalism but thought it was possible to combine the advantages of a market economy with those of socialism through competing economic units governed by strong state controls.
3.
Eduard Heimann came from a merchant family with Jewish origins.
4.
Eduard Heimann's father, Hugo Heimann was a publisher who served as a Social Democrat member of the Berlin City Council, the Prussian House of Representatives and the National Parliament of the Weimar Republic, or Reichstag until 1932.
5.
In Easter 1923 Eduard Heimann spoke to a group of young socialists demonstrating against the French occupation of the Ruhr.
6.
Eduard Heimann stressed the spiritual aspects of socialism in his speech.
7.
Eduard Heimann was a professor of theoretical and practical social economics at the University of Hamburg from 1925 to 1933.
8.
Eduard Heimann deliberately used terms similar to those of the National Socialists in an effort to gain the support of the Mittelstand, but by confusing ethical socialism with Nazism he probably inadvertently advanced the cause of the Nazis.
9.
Eduard Heimann's books were among those banned and burned by the Nazis in 1933.
10.
In 1933, Eduard Heimann emigrated with his family to the United States.
11.
Eduard Heimann taught at The New School in New York City.
12.
Eduard Heimann's views diverged from Marxian economics and came close to Manchester Liberalism.
13.
Eduard Heimann published one of the first theoretical works on the "competitive solution" with his 1922 Mehrwert und Gemeinwirtschaft.
14.
Eduard Heimann accepted the value of market pricing, but was committed to introducing a socialist system and had doubts about the compatibility of competition and socialism.
15.
Eduard Heimann's solution was "friendly competition" between various enterprises in the economy.
16.
In 1929 Eduard Heimann told a conference of socialist intellectuals in Heppenheim that market economics and socialism were compatible in a strong state with a solid social policy.
17.
Eduard Heimann thought that the true goal of Karl Marx had been to restore the dignity of labor as opposed to abolishing private property.
18.
Eduard Heimann did not believe that reducing hours of work was a useful goal, since the majority of people would fail to use leisure for creative activity.
19.
Eduard Heimann thought that meaningful work was more rewarding for most people than passive leisure occupations.
20.
Eduard Heimann thought socialists should push for reforms to social policy and working conditions, and this would help replace the capitalist system with the new socialist order.