Essay on Capitalism Is The Pursuit Of Profit And Capital

Essay on Capitalism Is The Pursuit Of Profit And Capital

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While growing up in Germany Max Weber witnessed the expansion of cities, the aristocracy being replaced by managerial elite, companies rapidly rising, and the industrial revolution. These changes in Germany, as well as the rest of the western world, pushed Weber to analyze the phenomenon, specifically to understand what makes capitalism in the west different and how capitalism was established. In The Protestant Ethic and The Spirit of Capitalism, Weber explains that capitalism is all about profit and what creates the variance between capitalism in the west and the rest of the world is rationalization, “the process in which social institutions and social interaction become increasingly governed by systematic, methodical procedures and rules” (Barnes 2015). In other words, our emotions, traditions, and values are replaced in favor of a more logical outlook on society and how we live our lives. He further claims that the spirit of capitalism is the pursuit of profit and capital.
Moreover, Weber argues that this spirit of capitalism was not a result of technological advances and/or the division of labor as many believe, it is from religious beliefs. But not just any religious belief, due to business leaders being frequently Protestant, Weber theorizes that protestantism enabled western rational capitalism. He utilizes empirical research by first going back to the beginning of protestantism with Martin Luther and his belief of the calling. Luther 's frustration with the corruption of Catholicism caused him to separate from it. As a Catholic, when you do something bad you confess to the priests and are cleansed. Thus, one can keep repeating sinful acts as long as they repent. Another problem that Luther saw was that Catholics limited ...

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...t form of society, Marx calls this communism.
Weber would respond to Marx 's criticisms in that people did not tolerate religion because of capitalism, they only became capitalists as a result of their religion. Although he believes econmics does result in conflict in some cases, he argues that there are other factors connected to conflict as well as there not only being two classes in conflict. Weber views factors like status ' and parties ' influence as greatly contributing to inequality and conflict. Moreover, while Marx sees society progressing into communism, Weber views rationalization increasingly progressing is developing an iron cage as a result of the disenchantment of the world. Unlike Marx 's positive idea of progression, Weber feels that progress may have some negative outcomes. He believes in order to change society for the better is not communism but

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