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Werner Sombart

Werner Sombart
Werner sombart.jpg
Born (1863-01-19)19 January 1863
Ermsleben, Germany
Died 18 May 1941(1941-05-18) (aged 78)
Berlin, Germany
Nationality German
Fields Economics, sociology, history
Institutions University of Breslau, Handelshochschule Berlin, Friedrich-Wilhelms-Universität
Doctoral advisor Gustav von Schmoller
Adolph Wagner
Doctoral students Wassily Leontief
Richard Löwenthal
Influenced Max Weber, Karl Polanyi, Joseph Schumpeter

Werner Sombart (/ˈvɛrnɜːrˈzɔːmbɑːrt/; 19 January 1863 – 18 May 1941) was a German economist and sociologist, the head of the “Youngest Historical School” and one of the leading Continental European social scientists during the first quarter of the 20th century.

Werner Sombart was born in Ermsleben, Harz, the son of a wealthy liberal politician, industrialist, and estate-owner, Anton Ludwig Sombart. He studied law and economics at the universities of Pisa, Berlin, and Rome. In 1888, he received his Ph.D. from Berlin under the direction of Gustav von Schmoller and Adolph Wagner, then the most eminent German economists.

As an economist and especially as a social activist, Sombart was then seen as radically left-wing, and so only received — after some practical work as head lawyer of the Bremen Chamber of Commerce — a junior professorship at the out-of-the-way University of Breslau. Although faculties at such eminent universities as Heidelberg and Freiburg called him to chairs, the respective governments always vetoed this. Sombart, at that time, was an important Marxian, someone who used and interpreted Karl Marx — to the point that Friedrich Engels said he was the only German professor who understood Das Kapital. Sombart called himself a "convinced Marxist," but later wrote that "It had to be admitted in the end that Marx had made mistakes on many points of importance."


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