ABSTRACT
Rudolf Steiner offers a fundamental reinterpretation of a developmental economy and society, distinguishing three independent as well as interdependent societal parts: economics, politics and culture. He sees culture as the rightful place for competition, in order to achieve personal freedom and liberation. Economics, in contrast for Steiner, is about fraternity, and politics is about equality. As articulated by Steiner's followers Folkert Wilken and Christopher Houghton Budd, capital becomes a means of self-expression, individual evolution and knowledge creation. Wilken was among the first to recognize the intellectual, cultural, even spiritual dimension of capital and its rootedness in accumulative capacities of previous generations. Therefore, both, Associative Economics and the Capital Economy introduced in this chapter, can be regarded as suitable building blocks for a developmental economy, addressing most especially liberty and fraternity in such co-evolution. The chapter explains that Houghton Budd fuses together Steiner's threefold commonwealth and Wilken's liberation of capital to emerge with a more integral form of capital economy.
