De-Centering Eighteenth-Century Political Economy: Rethinking Growth, Wealth and Welfare in the Swedish Empire (DEPE)

Adolf Fredrik's election as heir to the Swedish throne 23 June 1743.
Adolf Fredrik's election as heir to the Swedish throne 23 June 1743. This engraving by an anonymous author is the only known reproduction of a Riksdag hearing during the Age of Liberty. (Stockholm, Kungliga Biblioteket, Historiska planscher, F.I A.14)
Project duration
-
Core fields of research
Languages, culture and society
Research areas
Hyvinvointi, kestävyys ja sivistys
JYU.Well
Ajallinen monikerroksisuus ja muisti
Valta, rakenteet ja kriisit
Department
Department of History and Ethnology
Faculty
Faculty of Humanities and Social Sciences
Funding
European Research Council ERC
Funded by the European Union (ERC, DEPE, 101088549). Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Research Council. Neither the European Union nor the granting authority can be held responsible for them.

Project description

Historians of political economy have traditionally concentrated on the genesis of modern economics, tracing the emergence of economic models, methods and ideas that are today recognized as 'economics' through 'classical political economy', neo-classicism and on to the present.

This new departure treats political economy as a discourse oriented to the improvement of conditions for human life and, as such, one of the Enlightenment’s key contributions to Western thought. However, any direct association of Enlightenment discourse with political economy requires qualification. Therefore, this project explores a very extensive contemporary literature about growth, wealth and welfare that has not fitted easily into the conventional retrospective history. Instead of converting past arguments into modern arguments about methods and models, the project investigates eighteenth-century political economy in terms of practical concerns, as measures and policies for betterment and improvement. Only in this way we can reconstruct what political economy meant to its contemporaries in the early modern period. The Swedish empire – considered by contemporaries as the stronghold of 'oeconomia' – functions as the primary case study, but is constantly compared with other cases, broadening the applicability of the findings. 

The aim of the project is to study the ways in which the key concepts of improvement – wealth, growth and welfare – were articulated in the main sites of discursive production: the University, the Diet, local and colonial governments, and academic journals. The study of the five institutions is based on the hypothesis that in each of them activities were directed towards improving the organisation of state and society and the living conditions of the people. This project represents a well-founded reassessment of the rise to predominance of economic argument during the eighteenth century.

Work packages

Approach

Methodologically the project moves from a more traditional intellectual history towards an approach that can be called ‘cultural intellectual history’. This innovative approach seeks to combine two approaches that have so far been kept separate: the history of political thought and history of economic thought; and the cultural history of ideas.

The objective of this project is to provide a comprehensive interpretative history of eighteenth-century European political economy, with a special focus on the Swedish case study. The project is not suggesting unidirectional transmission of ideas from Central Europe to Sweden, whereby Continental discourse trickled down to an economically-weak Sweden. It focuses on the complex exchange of ideas and practices that took place within multi-centric and transnational network. Furthermore, inspired by a greater engagement with the social and the communication history of the Enlightenment, the project calls any easy division between ideas and practice into question. This line of inquiry, particularly strong in German-language scholarship, emphasises the need for a history of the practice of the communication of ideas. Economic and political ideas were not transmitted simply through personal mobility, but primarily through specific media forms and instances of material culture. Thus, Enlightenment ideas need to be studied in terms of the sites and forms of their communication.

By analysing the lived reality of the Enlightenment via its institutions – specifically, the University of Uppsala, the Riksdag, journals, local administration and colonial government – the project studies the key politico-economic concepts of wealth, growth and welfare in terms of the sites and forms of their communication. An overarching aim of this project is thus to reinsert the force of individual agency into the study of history of political economy by rethinking the figure of the political and economic writer and the scope of intellectual creativity exerted by such actors. Studying the actions of individual thinkers together with the content of their thoughts can overcome a reductive segregation of the intellectual from the social and the cultural.

The project also involves a study of discourse at the level of individual intellectual agents, who were political and economic writers only alongside other professional, confessional and personal commitments. By homing in on the role of individual agents and local settings in the transnational dissemination of economic thinking during the eighteenth century, the project addresses long-standing gaps in the historiography of economic thought and practice, including the vogue for university chairs in the ‘economic sciences’ (Kameralwissenschaften, economia politica, économie politique) across Europe. The focus of this project is on institutions and agents, on the systematic structure of political economy, dissemination and retention. Instead of focusing upon the agency of a few canonical thinkers, this project emphasises the agency of professors, educators, officials, and publishers in their own institutional contexts.

Advisory Board

International Research Network: De-Centering Eighteenth-Century Political Economy

Past events

Publications

Publication
2025
Available through Open Access
Staatsrecht und Politik bei Christian Thomasius. Staatsverständnisse. Nomos.
Nokkala, Ere

Project team