Zollverein in the context of "Ludwig I of Bavaria"

⭐ In the context of Ludwig I of Bavaria, the Zollverein is considered


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⭐ Core Definition: Zollverein

The Zollverein (German: [ˈtsɔlfÉ›ÉÌŻËŒÊ”aÉȘn]), or German Customs Union, was a coalition of German states formed to manage tariffs and economic policies within their territories. Organized by the 1833 Zollverein treaties, it formally started on 1 January 1834. However, its foundations had been in development from 1818 with the creation of a variety of custom unions among the German states. By 1866, the Zollverein included most of the German states. The Zollverein was not part of the German Confederation (1815-1866).

The foundation of the Zollverein was the first instance in history in which independent states consummated a full economic union without the simultaneous creation of a political federation or union.

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👉 Zollverein in the context of Ludwig I of Bavaria

Ludwig I or Louis I (German: Ludwig I.; 25 August 1786 – 29 February 1868) was King of Bavaria from 1825 until the 1848 revolutions in the German states. When he was crown prince, he was involved in the Napoleonic Wars. As king, he encouraged Bavaria's industrialization, initiating the Ludwig Canal between the rivers Main and the Danube. In 1835, the first German railway was constructed in his domain, between FĂŒrth and Nuremberg, with his Bavaria joining the Zollverein economic union in 1834. After the July Revolution of 1830 in France, Ludwig's previous liberal policy became increasingly repressive; in 1844, Ludwig was confronted during the Beer riots in Bavaria. During the revolutions of 1848 he faced increasing protests and demonstrations by students and the middle classes. On 20 March 1848, he abdicated in favour of his eldest son, Maximilian.

Ludwig lived another 20 years after his abdication and remained influential. An admirer of ancient Greece and the Italian Renaissance, he patronized the arts and commissioned several neoclassical buildings, especially in Munich. He was an avid collector of arts, amassing paintings from the Early German and Early Dutch periods as well as Graeco-Roman sculptures.

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Zollverein in the context of Friedrich List

Daniel Friedrich List (6 August 1789 – 30 November 1846) was a German entrepreneur, diplomat, economist and political theorist who developed the nationalist theory of political economy in both Europe and the United States. He was a forefather of the German historical school of economics and argued for the Zollverein (a pan-German customs union) from a nationalist standpoint. He advocated raising tariffs on imported goods while supporting free trade of domestic goods and stated the cost of a tariff should be seen as an investment in a nation's future productivity. His theories and writing also influenced the American school of economics.

List was a political liberal who collaborated with Karl von Rotteck and Carl Theodor Welcker on the Rotteck-Welckersches Staatslexikon [de], an encyclopedia of political science that advocated constitutional liberalism and which influenced the VormÀrz. At the time in Europe, liberal and nationalist ideas were almost inseparably linked, and political liberalism was not yet attached to what was later considered "economic liberalism." Emmanuel Todd considers List a forerunner to John Maynard Keynes as a theorist of "moderate or regulated capitalism."

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LINKED FROM (PARENTS)
← Ludwig I of Bavaria ← Friedrich List ← King Ludwig I of Bavaria
LINKS TO (CHILDREN)
Prussia → German Confederation → States of the German Confederation → Tariff → Economic policies → Custom union → Economic union → Federation → Political union →