Eugen Schmalenbach
Encyclopedia
Eugen Schmalenbach was a German academic and economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

. He was born in Halver
Halver
Halver is a town in the Märkischer Kreis district, North Rhine-Westphalia, Germany. It has a population of 18,083 and covers an area of 77.37 km², of which 51% are used for agricultural purposes and 35% are forest...

, and attended the Leipzig
Leipzig
Leipzig Leipzig has always been a trade city, situated during the time of the Holy Roman Empire at the intersection of the Via Regia and Via Imperii, two important trade routes. At one time, Leipzig was one of the major European centres of learning and culture in fields such as music and publishing...

 College of Commerce starting in 1898. That college later became part of Leipzig University, only to emerge again as the Handelshochschule Leipzig.

Schmalenbach is best known as a professor at the University of Cologne
University of Cologne
The University of Cologne is one of the oldest universities in Europe and, with over 44,000 students, one of the largest universities in Germany. The university is part of the Deutsche Forschungsgemeinschaft, an association of Germany's leading research universities...

, and as a contributor to German language journals on the subjects of economics, and the emerging fields of Business Management and financial accounting
Financial accountancy
Financial accountancy is the field of accountancy concerned with the preparation of financial statements for decision makers, such as stockholders, suppliers, banks, employees, government agencies, owners, and other stakeholders...

. He retired from active university life in 1933; one reason for this was to avoid attention, since his wife, Marianne Sachs, was Jewish. The couple had two children, Marian and Fritz. He died in Cologne
Cologne
Cologne is Germany's fourth-largest city , and is the largest city both in the Germany Federal State of North Rhine-Westphalia and within the Rhine-Ruhr Metropolitan Area, one of the major European metropolitan areas with more than ten million inhabitants.Cologne is located on both sides of the...

 in 1955.

Schmalenbach was the founder of the Schmalenbach Society, which works for closer links between research in business economics and the world of business business. It still exists, after fusing with another organisation in 1978.

He is known in sociology for his concept of the bund, which provides a third alternative to Tonnies' gemeinschaft and gesellschaft
Gemeinschaft and Gesellschaft
Gemeinschaft and Gesellschaft are sociological categories introduced by the German sociologist Ferdinand Tönnies for two normal types of human association...

in the form of the bund, an elective association based on a common goal or a common ritual experience of communion. This concept has influenced sociologists such as Kevin Hetherington ('The Contemporary Significance of Schmalenbach's Concept of the Bund'), Abby Peterson ('Contemporary Political Protest'), Greg Smith ('Ties, Nets and an Elastic Bund'), T.G. Bickerstaffe ('The Significance of the Common Bond in Credit Unions') and Ronald Wild ('Community, Communion and the Counterculture'), in theorising contemporary social life and social movements.

See also

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