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On September 12, 2024, I revealed something that could change the future of crypto investing forever… The name of the #1 coin that could replace Bitcoin as the top-performing asset in the market. [Trading Century]( A note from the Editor: At Trading Century, we keep an eye out for favorable circumstances we believe will interest our readers. The following is one such message from one of our colleagues I think you’ll appreciate. [divider] The History of Investing in the United States The history of investing in the United States is deeply intertwined with the country’s economic growth and financial development. From the early days of colonization to the rise of Wall Street as a global financial hub, investing has played a crucial role in shaping the nation’s economy. Colonial Beginnings and Early Stock Markets Investing in America began in the colonial era, primarily through land speculation and trade. Wealthy individuals and groups invested in land development, agricultural ventures, and shipping. The first semblance of a stock market emerged in the late 1700s, as securities were traded informally in coffeehouses and meeting places in cities like New York and Philadelphia. In 1792, 24 brokers signed the Buttonwood Agreement, which laid the foundation for the New York Stock Exchange (NYSE). Initially, the NYSE focused on trading government bonds and a few corporate stocks, but it rapidly grew alongside the nation’s economy. Industrial Revolution and Expansion The 19th century marked a turning point in U.S. investing, driven by the Industrial Revolution and the expansion of the railroad industry. Railroads required massive capital investments, prompting the creation of publicly traded companies and the issuance of stocks and bonds. This period also saw the rise of investment banks like J.P. Morgan & Co., which facilitated large-scale financing. The era of industrialization attracted a new class of investors eager to capitalize on the rapid growth of industries like steel, oil, and manufacturing. Iconic companies like Standard Oil and U.S. Steel became dominant players, and their stocks became popular investment options. The Roaring Twenties and the Great Depression The 1920s, often called the "Roaring Twenties," were characterized by speculative investment and rapid market growth. New financial instruments and widespread access to stock trading led to a surge in participation by individual investors. However, this speculative boom culminated in the stock market crash of 1929, which triggered the Great Depression. The crash highlighted the need for regulation. In response, the federal government enacted the Securities Act of 1933 and the Securities Exchange Act of 1934, which established the Securities and Exchange Commission (SEC) to oversee and regulate financial markets. Post-War Boom and the Rise of Institutional Investing Following World War II, the U.S. experienced an economic boom, and investing became more mainstream. The development of mutual funds in the 1940s and 1950s allowed small investors to pool their money and access diversified portfolios. Pension funds and insurance companies also became significant institutional investors during this period. The 1960s and 1970s introduced new investment vehicles, including index funds, pioneered by Vanguard in 1976. Index funds provided low-cost, passive investment options and revolutionized the industry by making investing accessible to everyday Americans. The Technology Boom and Globalization The 1980s and 1990s brought technological advancements that reshaped investing. Online trading platforms emerged, enabling individuals to trade stocks and other securities from their homes. The rise of technology companies like Microsoft, Apple, and Amazon fueled a new wave of market enthusiasm. Globalization further expanded investment opportunities, as American investors gained access to international markets. The proliferation of exchange-traded funds (ETFs) in the 2000s provided more options for diversified, cost-effective investing. The Financial Crisis and Modern Trends The 2008 financial crisis marked another turning point in U.S. investing history. It underscored the risks of complex financial instruments and excessive leverage. In its aftermath, investors became more cautious, and regulatory reforms like the Dodd-Frank Act were introduced to stabilize the financial system. Today, the rise of technology continues to drive innovation in investing. Robo-advisors, cryptocurrency trading, and fintech platforms have democratized investing, making it more accessible to younger generations. Sustainable investing, focusing on environmental, social, and governance (ESG) factors, has also gained prominence. Conclusion The history of investing in the United States reflects a dynamic interplay between innovation, economic growth, and regulatory evolution. From its early days of informal stock trading to the era of digital platforms, investing has been a cornerstone of American financial progress, offering opportunities for wealth creation while adapting to changing economic landscapes. The Impact of Digital Transformation The 21st century has seen a dramatic shift in how Americans approach investing, driven by digital transformation and the widespread adoption of technology. Online brokerage platforms like Robinhood, E*TRADE, and TD Ameritrade have empowered individual investors to trade stocks, options, and cryptocurrencies with ease. These platforms eliminated traditional barriers, such as high fees and the need for intermediaries, attracting a new generation of retail investors. The rise of social media further transformed investing culture. Platforms like Reddit, Twitter, and YouTube became hubs for sharing investment ideas and strategies. Events like the GameStop short squeeze in 2021, fueled by retail investors on Reddit’s WallStreetBets community, highlighted the influence of collective action and challenged traditional notions of market power. Cryptocurrency and Blockchain Revolution Cryptocurrencies like Bitcoin and Ethereum have introduced a new asset class, offering alternatives to traditional investments. Born out of the 2008 financial crisis, Bitcoin was initially viewed with skepticism but has since gained traction as "digital gold." The development of blockchain technology has also opened doors to decentralized finance (DeFi), where investors can lend, borrow, and earn interest without traditional financial intermediaries. Despite its potential, the cryptocurrency market has faced volatility and regulatory scrutiny. However, its growing adoption by major corporations and institutional investors suggests it is becoming a more permanent fixture in the investment landscape. The Role of Artificial Intelligence Artificial intelligence (AI) has revolutionized the way investment decisions are made. AI-powered algorithms now analyze vast amounts of market data to predict trends and optimize trading strategies. Hedge funds and institutional investors increasingly rely on quantitative investing, where AI models identify patterns and execute trades in milliseconds. Robo-advisors, powered by AI, have also gained popularity among individual investors. Platforms like Betterment and Wealthfront offer low-cost, automated portfolio management, making it easier for people to achieve their financial goals without extensive financial expertise. ESG Investing and Ethical Considerations In recent years, there has been a growing emphasis on sustainable and socially responsible investing. Environmental, social, and governance (ESG) criteria have become a critical part of investment decision-making. Investors are increasingly looking to align their portfolios with their values, supporting companies that prioritize sustainability, diversity, and ethical business practices. The shift toward ESG investing is evident in the growth of green bonds, renewable energy funds, and companies committed to reducing their carbon footprints. Institutional investors, such as pension funds and sovereign wealth funds, are leading the charge, influencing corporate behavior through their investment choices. Challenges and Opportunities in the 2020s The 2020s have presented unique challenges for investors. The COVID-19 pandemic disrupted global markets, highlighting the importance of diversification and resilience. Meanwhile, rising inflation, geopolitical tensions, and climate change are reshaping the investment landscape. Despite these challenges, technological innovation continues to offer new opportunities. The emergence of the metaverse and Web3 technologies presents untapped markets for investors. Companies developing virtual reality, artificial intelligence, and decentralized applications are attracting significant capital. Looking Ahead: The Future of Investing The future of investing in the United States is likely to be characterized by greater democratization, innovation, and customization. Technologies like blockchain, AI, and quantum computing will further enhance market efficiency and create new asset classes. At the same time, regulatory bodies will need to evolve to address the complexities of these innovations, ensuring fair and transparent markets. Investing is also expected to become more personalized. Advances in AI and data analytics will enable hyper-customized portfolios tailored to individual goals, risk tolerance, and ethical preferences. Moreover, the concept of ownership is changing. Fractional investing allows individuals to buy small portions of expensive assets, such as real estate or high-value stocks, making investing more inclusive. Platforms offering tokenized assets will further blur the lines between traditional and alternative investments. Conclusion From its humble beginnings in colonial trade to its current status as a global financial leader, the U.S. investment landscape has continually evolved. The story of investing in the United States is one of innovation, resilience, and adaptability. As the world grows more interconnected and technology continues to advance, the possibilities for investors are boundless, promising a future filled with both challenges and unparalleled opportunities. On September 12, 2024, I revealed something that could change the future of crypto investing forever… The name of the #1 coin that could replace Bitcoin as the top-performing asset in the market. This coin is backed by major global players like J.P. Morgan and Blackrock, and it’s set to benefit from a massive shift towards real-world assets on the blockchain. [See which coin is poised for 150x gains HERE.]( Best, Bryce Paul Host of Crypto 101 Podcast P.S. In my new report, you’ll find all the details on why this coin could be the top performer of 2024. [Check it out HERE.]( © 2024 Boardwalk Flock LLC. All Rights Reserved. 2382 Camino Vida Roble, Suite I Carlsbad, CA 92011, United States The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Readers acknowledge that the authors are not engaging in the rendering of legal, financial, medical, or professional advice. The reader agrees that under no circumstances Boardwalk Flock, LLC is responsible for any losses, direct or indirect, which are incurred as a result of the use of the information contained within this, including, but not limited to, errors, omissions, or inaccuracies. Results may not be typical and may vary from person to person. Making money trading digital currencies takes time and hard work. There are inherent risks involved with investing, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. [divider] This email is being delivered to you as you have expressed an interest in the Financial niche by submitting your information on one of our landing pages or sign-up forms. [Privacy Policy]( [Terms & Conditions]( Email sent by Finance and Investing Traffic, LLC, owner and operator of Trading Century (TC) If you need any assistance or have any inquiries, our [support team](mailto:support@tradingcentury.com) is available round the clock, 24/7, to assist you at every step. For any security-related questions or concerns, please feel free to reach out to us by sending an email to abuse@tradingcentury.com. Don’t miss out on the latest developments in the world of investing and finance, [whitelist our email address]( to receive timely updates. Copyright © 2024 [TradingCentury.com](. All rights reserved[.]( 221 W 9th St # Wilmington, DE 19801   [Unsubscribe](   Influences[edit] The Critical Philosophy of Immanuel Kant (1724–1804) was a major influence on Hegel. As H. S. Harris recounts, when Hegel entered the Tübingen seminary in 1788, "he was a typical product of the German Enlightenment – an enthusiastic reader of Rousseau and Lessing, acquainted with Kant (at least at second hand), but perhaps more deeply devoted to the classics than to any thing modern."[58] During this early period of his life "the Greeks – especially Plato – came first."[59] Although he later elevated Aristotle above Plato, Hegel never abandoned his love of ancient philosophy, the imprint of which is everywhere in his thought.[60] Aristotle (384–322 BC) and the ancient Greeks were also a major influence. Hegel's concern with various forms of cultural unity (Judaic, Greek, medieval, and modern) during this early period would remain with him throughout his career.[61] In this way, he was also a typical product of early German romanticism.[62] "Unity of life" was the phrase used by Hegel and his generation to express their concept of the highest good. It encompasses unity "with oneself, with others, and with nature. The main threat to such unity consists in division (Entzweiung) or alienation (Entfremdung)."[63] In this respect, Hegel was particularly taken with the phenomenon of love as a kind of "unity-in-difference," this both in the ancient articulation provided by Plato and in the Christian religion's doctrine of agape, which Hegel at this time viewed as "already 'grounded on universal Reason.'"[64][65] This interest, as well as his theological training, would continue to mark his thought, even as it developed in a more theoretical or metaphysical direction.[b] According to Glenn Alexander Magee, Hegel's thought (in particular, the tripartite structure of his system) also owes much to the hermetic tradition, in particular, the work of Jakob Böhme.[67] The conviction that philosophy must take the form of a system Hegel owed, most particularly, to his Tübingen roommates, Schelling and Hölderlin.[68] Hegel also read widely and was much influenced by Adam Smith and other theorists of the political economy.[69] It was Kant's Critical Philosophy that provided what Hegel took as the definitive modern articulation of the divisions that must be overcome.[70] This led to his engagement with the philosophical programs of Fichte and Schelling, as well as his attention to Spinoza and the Pantheism controversy.[71][c] The influence of Johann Gottfried von Herder, however, would lead Hegel to a qualified rejection of the universality claimed by the Kantian program in favor of a more culturally, linguistically, and historically informed account of reason.[72] Philosophical system[edit] See also: Encyclopedia of the Philosophical Sciences Hegel's philosophical system is divided into three parts: the science of logic, the philosophy of nature, and the philosophy of spirit (the latter two of which together constitute the real philosophy). This structure is adopted from Proclus's Neoplatonic triad of "'remaining-procession-return' and from the Christian Trinity."[73][d] Although evident in draft writings dating back as early as 1805, the system was not completed in published form until the 1817 Encyclopedia (1st ed.).[75] Frederick C. Beiser argues that the position of the logic with respect to the real philosophy is best understood in terms of Hegel's appropriation of Aristotle's distinction between "the order of explanation" and "the order of being."[e] To Beiser, Hegel is neither a Platonist who believes in abstract logical entities, nor a nominalist according to whom the particular is first in the orders of explanation and being alike. Rather, Hegel is a holist. For Hegel, the universal is always first in the order of explanation even if what is naturally particular is first in the order of being. With respect to the system as a whole, that universal is supplied by the logic.[77] Michael J. Inwood plainly states, "The logical idea is non-temporal and therefore does not exist at any time apart from its manifestations." To ask "when" it divides into nature and spirit is analogous to asking "when" 12 divides into 5 and 7. The question does not have an answer because it is predicated upon a fundamental misunderstanding of its terms.[78] The task of the logic (at this high systemic level) is to articulate what Hegel calls "the identity of identity and non-identity" of nature and spirit. Put another way, it aims to overcome subject-object dualism.[79] This is to say that, among other things, Hegel's philosophical project endeavors to provide the metaphysical basis for an account of spirit that is continuous with, yet distinct from, the "merely" natural world – without thereby reducing either term to the other.[80] Furthermore, the final sections of Hegel's Encyclopedia suggest that to give priority to any one of its three parts is to have an interpretation that is "one-sided," incomplete or otherwise inaccurate.[81][80][82] As Hegel famously declares, "The true is the whole."[83] The Phenomenology of Spirit[edit] Main article: The Phenomenology of Spirit The Phenomenology of Spirit was published in 1807. This is the first time that, at the age of thirty-six, Hegel lays out "his own distinctive approach" and adopts an "outlook that is recognizably 'Hegelian' to the philosophical problems of post-Kantian philosophy.[84] Yet, the book was poorly understood even by Hegel's contemporaries and received mostly negative reviews.[85] To this day, the Phenomenology is infamous for, among other things, its conceptual and allusive density, idiosyncratic terminology, and confusing transitions.[86] Its most comprehensive commentary, scholar H. S. Harris's two-volume Hegel's Ladder (The Pilgrimage of Reason and The Odyssey of Spirit),[87] runs more than three times the length of the text itself.[88] The fourth chapter of the Phenomenology includes Hegel's first presentation of the lord-bondsman dialectic,[f] the section of the book that has been most influential in general culture.[91] What is at stake in the conflict Hegel presents is the practical (not theoretical) recognition or acknowledgement [Anerkennug, anerkennen] of the universality – e.g., personhood, humanity – of each of two opposed self-consciousnesses.[92][g] What the readers learn, but what the self-consciousnesses described do not yet realize, is that recognition can only be successful and actual as reciprocal or mutual.[95] This is the case for the simple reason that the recognition of someone you do not recognize as properly human cannot count as genuine recognition.[96] Hegel can also be seen here as criticizing the individualist worldview of people and society as a collection of atomized individuals, instead taking a holistic view of human self-consciousness as originating in recognition from others, and our view of ourselves being shaped by the views of others.[97] Title page of the original 1807 edition Hegel describes The Phenomenology as both the "introduction" to his philosophical system and also as the "first part" of that system as the "science of the experience of consciousness."[98] Yet it has long been controversial in both respects; indeed, Hegel's own attitude changed throughout his life.[h] Nevertheless, however complicated the details, the basic strategy by which it attempts to make good on its introductory claim is not difficult to state. Beginning with only the most basic "certainties of consciousness itself," "the most immediate of which is the certainty that I am conscious of this object, here and now," Hegel aims to show that these "certainties of natural consciousness" have as their consequence the standpoint of speculative logic.[99][100] This does not, however, make the Phenomenology a Bildungsroman. It is not the consciousness under observation that learns from its experience. Only "we," the phenomenological observers, are in a position to profit from Hegel's logical reconstruction of the science of experience.[101] The ensuing dialectic is long and hard. It is described by Hegel himself as a "path of despair," in which self-consciousness finds itself to be, over and again, in error.[102] It is the self-concept of consciousness itself that is tested in the domain of experience, and where that concept is not adequate, self-consciousness "suffers this violence at its own hands, and brings to ruin its own restricted satisfaction."[103][104] For, as Hegel points out, one cannot learn how to swim without getting into the water.[105] By progressively testing its concept of knowledge in this way, by "making experience his standard of knowledge, Hegel is embarking upon nothing less than a transcendental deduction of metaphysics."[106][i] In the course of its dialectic, the Phenomenology purports to demonstrate that – because consciousness always includes self-consciousness – there are no 'given' objects of direct awareness not already mediated by thought. Further analysis of the structure of self-consciousness reveals that both the social and conceptual stability of our experiential world depend upon networks of reciprocal recognition. Failures of recognition, then, demand reflection upon the past as a way "to understand what is required of us at the present." For Hegel, this ultimately involves rethinking an interpretation of "religion as the collective reflection of the modern community on what ultimately counts for it." He contends, finally, that this "historically, socially construed philosophical account of that whole process" elucidates our distinctly "modern" standpoint and its genesis.[108] Another way of putting this is to say that the Phenomenology takes up Kant's philosophical project of investigating the capacities and limits of reason. Under the influence of Herder, however, Hegel proceeds historically, instead of altogether a priori. Yet, although proceeding historically, Hegel resists the relativistic consequences of Herder's own thought. In the words of one scholar, "It is Hegel's insight that reason itself has a history, that what counts as reason is the result of a development. This is something that Kant never imagines and that Herder only glimpses."[81] In praise of Hegel's accomplishment, Walter Kaufmann writes that the guiding conviction of the Phenomenology is that a philosopher should not "confine him or herself to views that have been held but penetrate these to the human reality they reflect." In other words, it is not enough to consider propositions, or even the content of consciousness; "it is worthwhile to ask in every instance what kind of spirit would entertain such propositions, hold such views, and have such a consciousness. Every outlook in other words, is to be studied not merely as an academic possibility but as an existential reality."[109] What the reader of The Phenomenology of Spirit learns is that the search for an externally objective criterion of truth is a fool's errand. The constraints on knowledge are necessarily internal to spirit itself. Yet, although our theories and self-conceptions may always be reevaluated, renegotiated, and revised, this is not a merely imaginative exercise. Claims to knowledge must always prove their own adequacy in real historical experience.[110] Although Hegel seemed during his Berlin years to have abandoned The Phenomenology of Spirit, at the time of his unexpected death, he was in fact making plans to revise and republish it. As he was no longer in need of money or credentials, H. S. Harris argues that "the only rational conclusion that can be drawn from his decision to republish the book… is that he still regarded the 'science of experience' as a valid project in itself" and one for which later system has no equivalent.[111] There is, however, no scholarly consensus about the Phenomenology with respect to either of the systematic roles asserted by Hegel at the time of its publication.[j][k] Science of Logic[edit] Main article: Science of Logic Hegel's concept of logic differs greatly from that of the ordinary English sense of the term. This can be seen, for instance, in such metaphysical definitions of logic as "the science of things grasped in [the] thoughts that used to be taken to express the essentialities of the things."[113] As Michael Wolff explains, Hegel's logic is a continuation of Kant's distinctive logical program.[114] Its occasional engagement with the familiar Aristotelian conception of logic is only incidental to Hegel's project. Twentieth-century developments by such logicians as Frege and Russell likewise remain logics of formal validity and so are likewise irrelevant to Hegel's project, which aspires to provide a metaphysical logic of truth.[115] There are two versions of Hegel's Logic. The first, The Science of Logic (1812, 1813, 1816; bk.I revised 1831), is sometimes also called the "Greater Logic." The second is the first volume of Hegel's Encyclopedia and is sometimes known as the "Lesser Logic." The Encyclopedia Logic is an abbreviated or condensed presentation of the same dialectic. Hegel composed it for use with students in the lecture hall, not as a substitute for its proper, book-length exposition.[116][l] Hegel presents logic as a presuppositionless science that investigates the most fundamental thought-determinations [Denkbestimmungen], or categories, and so constitutes the basis of philosophy.[118][119] In putting something into question, one already presupposes logic; in this regard, it is the only field of inquiry that must constantly reflect upon its own mode of functioning.[120] The Science of Logic is Hegel's attempt to meet this foundational demand.[m] As he puts it, "logic coincides with metaphysics."[113][121] It is important to see, however, that Hegel's metaphysical program is not a return to the Leibnizian-Wolffian rationalism critiqued by Kant, which is a criticism Hegel accepts.[122] In particular, Hegel rejects any form of metaphysics as speculation about the transcendent. His procedure, an appropriation of Aristotle's concept of form, is fully immanent.[123] More generally, Hegel agrees wholeheartedly with Kant's rejection of all forms of dogmatism and also agrees that any future metaphysics must pass the test of criticism.[124] It is the assessment of scholar Stephen Houlgate that Hegel's method of immanent logical development and critique is historically unique.[125] Béatrice Longuenesse holds that this project may be understood, on analogy to Kant, as "inseparably a metaphysical and a transcendental deduction of the categories of metaphysics."[126][n] This approach insists, and claims to demonstrate, that the insights of logic cannot be judged by standards external to thought itself, that is, that "thought... is not the mirror of nature." Yet, she argues, this does not imply that these standards are arbitrary or subjective.[126] Hegel's translator and scholar of German idealism George di Giovanni likewise interprets the Logic as (drawing upon, yet also in opposition to, Kant) immanently transcendental; its categories, according to Hegel, are built into life itself, and define what it is to be "an object in general."[128] Books one and two of the Logic are the doctrines of "Being" and "Essence." Together they comprise the Objective Logic, which is largely occupied with overcoming the assumptions of traditional metaphysics. Book three is the final part of the Logic. It discusses the doctrine of "the Concept," which is concerned with reintegrating those categories of objectivity into a thoroughly idealistic account of reality.[o] Simplifying greatly, Being describes its concepts just as they appear, Essence attempts to explain them with reference to other forces, and the Concept explains and unites them both in terms of an internal teleology.[130] The categories of Being "pass over" from one to the next as denoting thought-determinations only extrinsically connected to one another. The categories of Essence reciprocally "shine" into one another. Finally, in the Concept, thought has shown itself to be fully self-referential, and so its categories organically "develop" from one to the next.[131][132] It is clear then, that in Hegel's technical sense of the term, the concept (Begriff, sometimes also rendered "notion," capitalized by some translators but not others[p]) is not a psychological concept. When deployed with the definitive article ("the") and sometimes modified by the term "logical," Hegel is referring to the intelligible structure of reality as articulated in the Subjective Logic. (When used in the plural, however, Hegel's sense is much closer to the ordinary dictionary sense of the term.)[134] Hegel's inquiry into thought is concerned to systematize thought's own internal self-differentiation, that is, how pure concepts (logical categories) differ from one another in their various relations of implication and interdependence. For instance, in the opening dialectic of the Logic, Hegel claims to display that the thought of "being, pure being – without further determination" is indistinguishable from the concept of nothing, and that, in this "passing back and forth" of being and nothing, "each immediately vanishes in its opposite."[135] This movement is neither one concept nor the other, but the category of becoming. There is not a difference here to which we can "refer," only a dialectic that we can observe and describe.[136] The final category of the Logic is "the idea." As with "the concept", the sense of this term for Hegel is not psychological. Rather, following Kant in The Critique of Pure Reason, Hegel's usage harks back to the Greek eidos, Plato's concept of form that is fully existent and universal:[137] "Hegel's Idee (like Plato's idea) is the product of an attempt to fuse ontology, epistemology, evaluation, etc., into a single set of concepts."[138] The Logic accommodates within itself the necessity of the realm of natural-spiritual contingency, that which cannot be determined in advance: "To go further, it must abandon thinking altogether and let itself go, opening itself to that which is other than thought in pure receptivity."[139] Simply put, logic realizes itself only in the domain of nature and spirit, in which it attains its "verification."[q] Hence the conclusion of the Science of Logic with "the idea freely discharging [entläßt] itself" into "objectivity and external life" – and, so too, the systematic transition to the Realphilosophie.[141][142] Philosophy of the real[edit] Hegel uses the Owl of Minerva as a metaphor for how philosophy can understand historical conditions only after they occur. See also: Realphilosophie In contrast to the first, logical part of Hegel's system, the second, real-philosophical part – the Philosophy of Nature and of Spirit – is an ongoing historical project. It is, as Hegel puts it, "its own time comprehended in thoughts."[143] Hegel expands upon this definition: A further word on the subject of issuing instructions on how the world ought to be: philosophy, at any rate, always comes too late to perform this function. As the thought of the world, it appears only at a time when actuality has gone through its formative process and attained its completed state [sich fertig gemacht]. This lesson of the concept is necessarily also apparent from history, namely that it is only when actuality [Wirklichkeit] has reached maturity that the ideal appears opposite the real and reconstructs this real world, which it has grasped in its substance, in the shape of an intellectual realm. When philosophy paints its gray in gray, a shape of life has grown old, and it cannot be rejuvenated, but only recognized, by the gray in gray of philosophy; the owl of Minerva begins its flight only with the onset of dusk.[144] This easily reads – and frequently has been read – as an expression of the impotence of philosophy, political or otherwise, and a rationalization of the status quo.[145] Allegra de Laurentiis, however, points out that the German expression "sich fertig machen" does not only imply completion, but also preparedness. This additional meaning is important because it better reflects Hegel's Aristotelian concept of actuality. He characterizes actuality as being-at-work-staying-itself that can never be once-and-for-all completed or finished.[146] Hegel describes the relationship between the logical and the real-philosophical parts of his system in this way: "If philosophy does not stand above its time in content, it does so in form, because, as the thought and knowledge of that which is the substantial spirit of its time, it makes that spirit its object."[147] This is to say that what makes the philosophy of the real scientific in Hegel's technical sense is the systematically coherent logical form it uncovers in its natural-historical material – and so also displays in its presentation.[148] The Philosophy of Nature[edit] See also: Naturphilosophie The philosophy of nature organizes the contingent material of the natural sciences systematically. As part of the philosophy of the real, in no way does it presume to "tell nature what it must be like."[149][150] Historically, various interpreters have questioned Hegel's understanding of the natural sciences of his time. However, this claim has been largely refuted by recent scholarship.[151] One of the very few ways in which the philosophy of nature might correct claims made by the natural sciences themselves is to combat reductive explanations; that is to discredit accounts employing categories not adequate to the complexity of the phenomena they purport to explain, as for instance, attempting to explain life in strictly chemical terms.[152] Although Hegel and other Naturphilosophen aim to revive a teleological understanding of nature, they argue that their strictly internal or immanent concept of teleology is "limited to the ends observable within nature itself." Hence, they claim, it does not violate the Kantian critique.[153] Even more strongly, Hegel and Schelling claim that Kant's restriction of teleology to regulative status effectively undermines his own critical project of explaining the possibility of knowledge. Their argument is that "only under the assumption that there is an organism is it possible to explain the actual interaction between the subjective and the objective, the ideal and the real." Hence the organism must be acknowledged to have constitutive status.[154] Introducing Hegel's philosophy of nature for a 21st-century audience, Dieter Wandschneider [de] observes that "contemporary philosophy of science" has lost sight of "the ontological issue at stake, namely, the question of an intrinsically lawful nature": "Consider, for example, the problem of what constitutes a law of nature. This problem is central to our understanding of nature. Yet philosophy of science has not provided a definitive response to it up to now. Nor can we expect to have such an answer from that quarter in future."[155] It is back to Hegel that Wandschneider would direct philosophers of science for guidance in the philosophy of nature.[156] Recent scholars have also argued that Hegel's approach to the philosophy of nature provides valuable resources for theorizing and confronting recent environmental challenges entirely unforeseen by Hegel. These philosophers point to such aspects of his philosophy as its distinctive metaphysical grounding and the continuity of its conception of the nature-spirit relationship.[157][158] The Philosophy of Spirit[edit] Priestess of Delphi (1891) by John Collier. The Delphic imperative to "know thyself" governs Hegel's entire philosophy of spirit. The German Geist has a wide range of meanings.[159] In its most general Hegelian sense, however, "Geist denotes the human mind and its products, in contrast to nature and also the logical idea."[160] (Some older translations render it as "mind," rather than "spirit."[r]) As is especially evident in the Anthropology, Hegel's concept of spirit is an appropriation and transformation of the self-referential Aristotelian concept of energeia.[162] Spirit is not something above or otherwise external to nature. It is "the highest organization and development" of nature's powers.[163] According to Hegel, "the essence of spirit is freedom."[164] The Encyclopedia Philosophy of Spirit charts the progressively determinate stages of this freedom until spirit fulfills the Delphic imperative with which Hegel begins: "Know thyself."[165] As becomes clear, Hegel's concept of freedom is not (or not merely) the capacity for arbitrary choice, but has as its "core notion" that "something, especially a person, is free if and only if, it is independent and self-determining, not determined by or dependent upon something other than itself."[166] It is, in other words, (at least predominantly, dialectically) an account of what Isaiah Berlin would later term positive liberty.[167] Subjective spirit[edit] Standing at the transition from nature to spirit, the role of the Philosophy of Subjective Spirit is to analyze "the elements necessary for or presupposed by such relations [of objective spirit], namely, the structures characteristic of and necessary to the individual rational agent." It does this by elaborating "the fundamental nature of the biological/spiritual human individual along with the cognitive and the practical prerequisites of human social interaction."[168] This section, particularly its first part, contains various comments that were commonplace in Hegel's day and we now recognize as openly racist, such as unfounded claims about the "naturally" lower intellectual and emotional development of Black people. In his perspective, these racial differences are related to climate: according to Hegel, it is not racial characteristics, but the climactic conditions in which a people lives that variously limit or enable its capacity for free self-determination. He believes that race is not destiny: any group could, in principle, improve and transform its condition by migrating to friendlier climes.[169][s] Hegel divides his philosophy of the subjective spirit into three parts: anthropology, phenomenology, and psychology. Anthropology "deals with 'soul', which is spirit still mired in nature: all that within us which precedes our self-conscious mind or intellect." In the section "Phenomenology", Hegel examines the relation between consciousness and its object and the emergence of intersubjective rationality. Psychology "deals with a great deal that would be categorized as epistemology (or 'theory of knowledge') today. Hegel discusses, among other things, the nature of attention, memory, imagination and judgement."[170] Throughout this section, but especially in the Anthropology, Hegel appropriates and develops Aristotle's hylomorphic approach to what is today theorized as the mind–body problem: "The solution to the mind–body problem [according to this theory] hinges upon recognizing that mind does not act upon the body as cause of effects but rather acts upon itself as an embodied living subjectivity. As such, mind develops itself, progressively attaining more and more of a self-determined character."[171][172] Its final section, Free Spirit, develops the concept of "free will," which is foundational for Hegel's philosophy of right.[173][174] Objective spirit[edit] Main article: Elements of the Philosophy of Right See also: Lectures on the Philosophy of History King Frederick William III of Prussia (1797—1840) stifled the political reforms for which Hegel had hoped and advocated.[175] In the broadest terms, Hegel's philosophy of objective spirit "is his social philosophy, his philosophy of how the human spirit objectifies itself in its social and historical activities and productions."[176] Or, put differently, it is an account of the institutionalization of freedom.[177] Besier declares this a rare instance of unanimity in Hegel scholarship: "all scholars agree there is no more important concept in Hegel's political theory than freedom." This is because it is the foundation of right, the essence of spirit, and the telos of history.[178] This part of Hegel's philosophy is presented first in his 1817 Encyclopedia (revised 1827 and 1830) and then at greater length in the 1821 Elements of the Philosophy of Right, or Natural Law and Political Science in Outline (like the Encyclopedia, intended as a textbook), upon which he also frequently lectured. Its final part, the philosophy of world history, was additionally elaborated in Hegel's lectures on the subject.[179][180] Hegel's Elements of the Philosophy of Right has been controversial from the date of its original publication.[181][182] It is not, however, a straightforward defense of the autocratic Prussian state, as some have alleged, but is rather a defense of "Prussia as it was to have become under [proposed] reform administrations."[183] The German Recht in Hegel's title does not have a direct English equivalent (though it does correspond to the Latin ius and the French droit). As a first approximation, Michael Inwood distinguishes three senses: a right, claim or title justice (as in, e.g., 'to administer justice'...but not justice as a virtue...) 'the law' as a principle, or 'the laws' collectively.[184] Beiser observes that Hegel's theory is "his attempt to rehabilitate the natural law tradition while taking into account the criticisms of the historical school." He adds that "without a sound interpretation of Hegel's theory of natural law, we have very little understanding of the very foundation of his social and political thought."[185][t] Consistent with Beiser's position, Adriaan T. Peperzak documents Hegel's arguments against social contract theory and stresses the metaphysical foundations of Hegel's philosophy of right.[189][u] Observing that "analyzing the structure of Hegel's argument in the Philosophy of Right shows that achieving political autonomy is fundamental to Hegel's analysis of the state and government," Kenneth R. Westphal provides this brief outline: "'Abstract Right,' treats principles governing property, its transfer, and wrongs against property." "'Morality,' treats the rights of moral subjects, responsibility for one's actions, and a priori theories of right." "'Ethical Life' (Sittlichkeit), analyzes the principles and institutions governing central aspects of rational social life, including the family, civil society, and the state as a whole, including the government."[191] Hegel describes the state of his time, a constitutional monarchy, as rationally embodying three cooperative and mutually inclusive elements. These elements are "democracy (rule of the many, who are involved in legislation), aristocracy (rule of the few, who apply, concretize, and execute the laws), and monarchy (rule of the one, who heads and encompasses all power)."[192][193] It is what Aristotle called a "mixed" form of government, which is designed to include what is best of each of the three classical forms.[194] The division of powers "prevents an single power from dominating others."[195] Hegel is particularly concerned to bind the monarch to the constitution, limiting his authority so that he can do little more than to declare of what his ministers have already decided that it is to be so.[196] The relation of Hegel's philosophy of right to modern liberalism is complex. He sees liberalism as a valuable and characteristic expression of the modern world. However, it carries the danger within itself to undermine its own values. This self-destructive tendency may be avoided by measuring "the subjective goals of individuals by a larger objective and collective good." Moral values, then, have only a "limited place in the total scheme of things."[197] Yet, although it is not without reason that Hegel is widely regarded as a major proponent of what Isaiah Berlin would later term positive liberty, he was just as "unwavering and unequivocal" in his defense of negative liberty.[198] If Hegel's ideal sovereign is much weaker than was typical in monarchies his time, so too is his democratic element much weaker than is typical in democracies of our time. Although he insists upon the importance of public participation, Hegel severely limits suffrage and follows the English bicameral model, in which only members of the lower house, that of commoners and bourgeoisie, are elected officials. Nobles in the upper house, like the monarch, inherit their positions.[199] The final part of the Philosophy of Objective Spirit is entitled "World History." In this section, Hegel argues that "this immanent principle [the Stoic logos] produces with logical inevitability an expansion of the species' capacities for self determination ('freedom') and a deepening of its self understanding ('self-knowing')."[200] In Hegel's own words: "World history is progress in the consciousness of freedom – a progress that we must comprehend conceptually."[201] (See also: Legacy, below, for further discussion of the complex legacy of Hegel's social and political philosophy.) Absolute spirit[edit] See also: Absolute (philosophy) Hegel with his Berlin students (1828 sketch by F. T. Kugler) Hegel's use of the term "absolute" is easily misunderstood. Inwood, however, clarifies: derived from the Latin absolutus, it means "not dependent on, conditional on, relative to or restricted by anything else; self-contained, perfect, complete."[202] For Hegel, this means that absolute knowing can only denote "an 'absolute relation' in which the ground of experience and the experiencing agent are one and the same: the object known is explicitly the subject who knows."[203] That is, the only "thing" (which is really an activity) that is truly absolute is that which is entirely self-conditioned, and according to Hegel, this only occurs when spirit takes itself up as its own object. The final section of his Philosophy of Spirit presents the three modes of such absolute knowing: art, religion, and philosophy.[v] It is with reference to different modalities of consciousness – intuition, representation, and comprehending thinking – that Hegel distinguishes the three modes of absolute knowing.[w] Frederick Beiser summarizes: "art, religion and philosophy all have the same object, the absolute or truth itself; but they consist in different forms of knowledge of it. Art presents the absolute in the form of immediate intuition (Anschauung); religion presents it in the form of representation (Vorstellung); and philosophy presents it in the form of concepts (Begriffe)."[205] Rüdiger Bubner additionally clarifies that the increase in conceptual transparency according to which these spheres are systematically ordered is not hierarchical in any evaluative sense.[206] Although Hegel's discussion of absolute spirit in the Encyclopedia is quite brief, he develops his account at length in lectures on the philosophy of fine art, the philosophy of religion, and the history of philosophy.[180]