Abstract
Weber’s economic-sociological theory is based on his studies on various subjects like agricultural problems of earlier times, trade relations in medieval era and the position and condition of agricultural workers in modern factories. Weber discovered that religion and economy are always related to each other through ethical assessment of economic activities. He called this ‘the concept of economic ethic’ and published it in The Economic Ethics of the World Religions.
Weber didn’t consider capitalism as a set of ideologies that was in trend for a short-term but regarded it as an economic system which would continue to direct world economy in one form or another. According to Weber, Capitalism was a system which cannot be destroyed by any sort of revolution since some aspects of it corresponds to the need of economic rationalisation, and will continue to influence the new social structure over the years.
The main objective of this paper is to examine Weber’s economic sociology by examining socio-economic aspects like capital economy, conceptual analysis of economic sociology and economic theory, the role of rationality in social structure and his vision in contemporary economic sociology and sociology of religion along with the relation between ascetic rationalism and modern capitalism.
Introduction
Max Weber was a German sociologist, economist and a political leader who influenced the field of economics and sociology with his research and theories. He is considered
Before discussing Marx and Weber’s theories we must look at their upbringing and who has influenced their works. Karl Marx was born in West Germany in a small business city called Trier, in 1818 (Karl Marx, Intro. to Part III, Pg.135). Karl Marx was the son of a rich family and
and subsequent reinvestment of capital, is an end that both Weber and Marx reach in their analyses of society and agree on in definition. However, while Marx tells us that phantoms of the brain i.e. morality, religion, ideology, cannot develop independently of material production or influence it, Weber argues that ideas and religion can indeed determine life and the processes of life, namely our material production. The key difference between the two is their scope of factors that can cause historical development. Marx only allows for one factor, productive forces and the economic conditions resulting from them; Weber, on the other hand, acknowledges that while ideology and religion can support the economic relations as a driving factor, they can also develop independently and become a factor, a force on its own that can alter production, economic conditions, and thus history. By accounting for the multiple ways in which a society can be altered, Weber provides a more complete and applicable understanding of historical development and the powerful concept that an idea from an individual or group of individuals can have a legitimate and significant effect on the direction of society.
It is important to understand that Weber believed capitalism was fuelled by ideas, such as Protestantism, specifically Calvinism. His belief was that Protestants were very different to Catholics, spending more time focusing on their community rather than purely focusing on their own individual families. They worked towards a common goal, to ensure they worked to their full potential. Weber claimed that Protestants experienced feelings of guilt and directed these negative emotions into their work which Weber called “The Protestant Work
Furthermore Weber clearly points out that he doesn’t argue Calvinism were the cause of modern capitalism, but was one of its causes. A number of material and economic factors were necessary, such as natural resources, a money economy and a system of law. Weber also notes that other societies with higher level of economic development than Northern Europe had in the 16th and 17th century yet still failed to develop modern capitalism. For example China and India were materially more advanced than Europe but it didn’t take off, he argues that this is due to the lack of religious belief systems, such as Calvinism, that would of meant development occurred.
Two names that are repeatedly mentioned in sociological theory are Karl Marx and Max Weber. In some ways these two intellectuals were similar in the way they looked at society. There are also some striking differences. In order to compare and contrast these two individuals it is necessary to look at each of their ideas. Then a comparison of their views can be illustrated followed by examples of how their perspectives differ from each other.
In class, we talked about discrimination in society through economic inequality with Marx, and then with Durkheim. We discussed the positive viewing of individualism in society through inequality. Max Weber is comparable to Karl Marx because they both focus on inequality and capitalism. However, unlike Marx, Weber views the uneconomic actions in society. He has an interpretive view, and as an interpretive sociologist, this means he focuses on the concerns of the society itself and not the people
Ordinarily, religion is one of the rationales of social orientations, that in one way or another influences the society’s social stability. This is because religion is the impelling force for regulations in the society as well as a destabilizing drive for transformation. Marx Weber together with Karl Marx and Emile Durkheim were very influential personalities in the course of the 19th century, and even now. In one way or another, these persons attempted to make plain as well as comprehensible social change, particularly in the aspect of religion in the society. Their perspectives on religion differ on some aspects. Even though their views on religion are diverse, they all seem to be in accord that
Weber's view towards history is that it is not a series of staged progressions. As such his view towards Capitalism was not in accordance to Marx and Engels.
Weber has been considered as an expert on origination of capitalism. His most famous work is The Protestant Ethic and the Spirit of Capitalism. Weber thesis regarding capitalism is rather considered as an argument counter to Marxist thesis (which was regarding primacy of base over superstructure). Weber discussed in his book that capitalism was resulted by Protestantism which was a religious movement or more specifically speaking Calvinism. However any Calvinist who has gone through catechism would have known that seeking a sign of selection by God in economic success, is not a right thing to do; therefore it is a travesty to Weber's thesis (Kilcullen, 1996).
Both Marx and Weber are concerned with the origins and development of capitalism. For Weber, religion, and specifically Protestantism, is a major factor in the development of modern capitalism. For Marx, capitalism is material based it is the result of who owns the means of production.
Essay: What are the differences and similarities between Marx's and Weber's understandings of capitalist society?
There are a number of different modern social theories regarding the nature of society, social change, human's place within society and the idea of how integration and alienation fit within a modern society. These paradigms combine reflexively into a notion of history. Max Weber was a German politician, scholar, economist, and sociologist. In fact, he founded the modern studies of sociology, public administration, and organizational theory. He was born in 1864 and so was writing and publishing after Marx, but still looking at capitalism, socialism, and the various dictates of society as ways humans are shaped, actualized, and able to have upward mobility. He is most famous for his works surrounding the sociology of religion and government, and how those two institutions shaped, controlled, and contributed to humankind.
Both Karl Marx and Max Weber assert that capitalism is the dominion of abstractions and the irrational accumulation of abstract wealth for the sake of wealth. For Marx, the state of capitalism is entrenched in the social classes to which people have bben assigned. Capitalism, according to Marx, is a result of the bourgeoisie 's ascent to economic and political power. This fuels the manifestation of a system that exploits the labour power of the lower socioeconomic classes for the gain of the higher socioeconomic classes. Weber understands the state of capitalism to be the end product of the work ethic of the Protestant branches of Christianity and the secularization of Protestant puritanism, which helped fuel rationalism. Capitalism, according to Weber, is to be understood as the relations and methods of production and commodities, now rationalized. Ultimately, Marx ascribes the ascent of capitalism to the exploitation of people and power, while stressing that such a system can be overcome by a communist revolution, whereas Weber states that such a system is the result of cultural choices and is not as convinced that capitalism can be overcome.
Max Weber a German sociologist born in 1864. He was primarily concerned with the modern western society. He saw that the behaviour of individuals was increasingly
Just like Marx, Max Weber is a German sociologist and philosopher and his ideas have always influenced the society in many ways. He is referred to as one of the founding fathers of modern sociology. He has given many ground breaking theories like theory of bureaucracy and theory of social class. His theories are important because he helped us to understand the nature of society. He disagreed with the Marxian understanding of class and Auguste Comte's theory of positivism.