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Dan Silver (151)
Lecture 3

Week 3 Lecture

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Dan Silver

-how religious systems help political life -how deep values affect people’s life -not enough to say capitalism generates wealth: Smith -not enough to say certain elites exploit others: Marx -capitalism linking it with values -Weber wrote most famous essay, PESC PESC (Protestant Ethic + Spirit of Capitalism) -capitalism = profit-motivated free market economy -spirit of capitalism = motivation behind capitalism -Protestantism = branch of Christianity that tries to reform Catholic church in particular direction that says Catholic church has too much of certain rules; cut out institutions and says each believer is on its own -protestant ethic = protestant beliefs/theology/doctorate/ideas; a way that you act; how people act based on that belief -PESC = something happened that led to people acting in a certain way and end up becoming people who have motivations to continuously make profits Spirit of Capitalism -if you go to bar all night and don’t work, you won’t make as much money -Weber: interpretative sociology = getting inside certain way of life and saying what its ethic/spirit is -key features: 1. duty – do your duty 2. hard-working 3. credit-worthy – people won’t trust you if you don’t think 4. methodical – every single day, come back to it the next day -people always trying to make money MODERN CAPITALISM VS. ADVENTURE CAPITALISM -adventure capitalism = capitalism based on greed, risk taking, daring, e.g. texas oil man -single, not ethically sanctioned, usually not pursued on mass scale -modern capitalism = not like that at all, like small merchant, not wild/wreckless, e.g. guy at shop IDEAL CAPITALISM VS. MATERIAL CAPITALISM -material interests = getting money/stuff -ideal interests = people without money/stuff -new capitalist modern ethics emerged usually in countries/places that had no large scale activity, no rich people -therefore, it isn’t only based on material conditions, what poor people are doing, not from elites but from poor -not only is capitalism new, it had previously considered bad because not only people are doing it RATIONALISM -capitalist ideal linked to rationalism in all our activities -we organize production according to scientific principles (SCIENCE) rather than by customs/traditions/heritage -becomes QUANTITATIVE (number), would like to know if you are making money/profit, bookkeeping, people keeping double ledger books -can rationalize law, philosophy (science) -where did rationalism come from? -to what extent can aspects of our life be linked to protestant? -this is not necessary process -what are unintended consequences of protestant capitalism? -1. to find affinities/similarities between Catholic ethics and Protestant beliefs -to what extent did protestant belief system line up with other? -2. to determine degree of values together with other factors? how much of cause? Protestant Ethic -Weber uses interpretative method, reading texts 1. asceticism = denying yourself pleasure 2. state of grace = grace is gift from God, some people are the elected by God, they are the pure and going to heaven and separated/different from everybody else in this world in real life; not determined by body 3. testifying to belief = can’t enter into state of grace through single isolated acts to whole life, confrontation of metholicism 4. methodical self-supervision = how do you know if you are expressing your beliefs in every respect? you are methodically supervising yourself so that you are in state of grace 5. ordinary people = when state of grace is testified, it means salvation is not particular to people, every man has to live like a monk 6. inner-worldly = you express sincere non-stopping belief out in the world, not only extraordinary situations, but in normal life/affairs (e.g. family, work) PE →SC -linking asceticism (control) with capitalism -what does this ascetic Protestantism say about accumulation of wealth? 1. wealth = temptation -getting rich is dangerous -ascetic egos is against accumulating wealth 2. wealth does not matter -what matters is the next life 3. wasting time -if you have a lot of wealth, want to enjoy it and rest, wealth is not bad, improve yourself -getting wealthy distracts you -in asceticism - no resting, must be constantly active 4. work is good -wealth keeps you away from work -only pleasures are those that help you in work -helps to channel your body into something useful/productive -can have pleasure/fun only if those things he
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