SOCB43H3 Lecture 3: Week 3

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27 Feb 2011

Document Summary

what is the difference between the spirit of capitalism and what is. Capitalism is the organized structure of society based on making profit. the spirit of capitalism is the set of attitudes and beliefs that are important in life that connect you to the drive for making profit. the point of life wasn"t to work but to enjoy the fruits of your work. the main feature of capitalism is hard work and frugality are your duty , one has to be trust worthy and on top of things, because this is your duty. Ideal + material interests -- the ideal appears among those that aren"t rich, as the rich have material capital. I ts comes from a certain type of rational. modern capitalism is scientific, and will use science in order to product economic activity, quantitative accounting.