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THE PROTESTANT ETHIC AND THE SPIRIT OF CAPITALSIM

"How did the Calvinists beliefs relating to worldly asceticism and predestination, encourage the development of Western capitalism, in Webers view."

In this essay, I am first going to briefly look at Webers idea

and how it differed form the view Marx put forward on the development of Western capitalism. I am then going to look at the way Weber saw "occidental" capitalism differing from "other" types of capitalism. After this I will touch upon what Weber described as the "spirit of capitalism". I will then proceed to explain what effect predestination and worldly- asceticism had an on a Protestant and his calling, and how this therefore encouraged the development of Western capitalism; in Webers view. After this I will look at the evidence Weber used to back up his idea, as well as the criticisms made against his work. I will also assess the methodological method used by Weber in his analysis; and finally, I will finish with a conclusion to sum up this essay.

Marx in his study of Western capitalism; saw it developing from a struggle between two forces, mainly feudalism and early capitalism(1). However, having studied Marx's ideas(2), Weber put forward a different analysis to describe the development of Western capita


Weber found "Occidental" capitalism to be different from the "other" forms in many respects, as I am now going to show. Firstly there was a lack of free labour in the "others" system. Secondly, household work and business work were not separated, as in the west. Personnel property was kept apart from corporate property, rational book-keeping techniques were used, and a rational legal and administrative system exhisted, which Weber believed played a role to limit speculative and opportunistic capitalism. Finally Weber also acknowledged the role of technical advancement in playing its part to encourage the development of Occidental capitalism.(ibid)



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Approximate Word count = 2786
Approximate Pages = 11 (250 words per page double spaced)


  

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