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Max Weber And Marx 's Theory On The Emergence Of Modern Capitalism

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Max Weber like Marx and Engels produced a theory on the emergence of modern capitalism. Weber, unlike Marx and Engels, does not strictly use a historical materialist perspective to explain the appearance of capitalism. This is exemplified through his work The Protestant Ethic and the Spirit of Capitalism. A historical materialist perspective on history designates economic factors as central to the way we define historical stages. Although Weber acknowledges the important impact that economic factors have on historical change his theory proposes that cultural factors, such as religion, can have an impact on historical change too. Weber asserts that protestant ideologies had a role in creating the spirit of capitalism that pushed society from a stage defined by feudalism to one with a capitalistic economic structure. Weber’s theory on the emergence of capitalism is shown to different from that of Karl Marx in that Marx’s theory suggests that historical change is attributed only to economic forces. Similarly to Marx, Weber’s ideas on how historical change occurs can be observed through his theory on the origins of capitalism. Weber hypotheses that societies move from a premodern state to a modern state as the world is separated into relatively autonomous spheres.
Marx uses the historical materialist perspective to explain human history and the advancement of society from one stage to the next. The historical materialist perspective theorizes that societies are organized in

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