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Classical Sociology - Lecture 3

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Dan Silver

Lecture 3January 25 2011AGENDAThe Spirit of Capitalism SCThe Protestant Ethic PEPESC Religious Rejections of the World What is the difference between capitalism and the spirit of capitalism o Capitalism is a free market that aims towards profit A way of arranging economic behavior so that its organized towards the systematic generation of profit over and over again without stoppingo The Spirit of Capitalism is the set of attitudes and beliefs about what is important in life that somehow connects you to constantly making profit over and over again Historically this is an unusual attitude to have For example this of the bible The punishment that Adam gets for sinning is having to labor and work From the very beginnings the worst thing that could happen is that you have to work and so everyone would avoid it The point of life was not to work but to enjoy the fruits of your work The best scenario would be to enjoy the fruits of someone elses work Something happened relatively recently in which work was thought to be good What is the Protestant Ethic o Protestantism is a system of theological beliefs about who god is what god wants from us and how were supposed to relate to god whats evilgoodo The Protestant Ethic looks at how Protestantism affects your daily code of conduct Its about this weird knowledge that nothing anyone could do or say could change your beliefs How do you live with that weird kind of knowledge and anxiety that leads to a certain code of conduct which has tremendous consequences for how you operate on a day to day basis What ethic does Protestantism lead toWhat is the spirit of Capitalism o Weber quotes Benjamin franklino Hes trying to pull out the backgrounds and attitudes which are Industrialness and being hardworking is a moral duty Not being a credit or trust worthy person is not only a bad idea but it makes you a bad person Not only is it a oneoff thing its something you practice your entire life This kind of attitude that Weber wants to stress Is that this is a new line of thinking Stresses that by looking at modern vs Adventure Franklin looks at the modern shopkeepers work hard theyre honest in their dealings Trying to make a little bit each day and in the long haul itll all add up Calculating long termAdventure capitalism is where people just try to get rich quickly They do it ie Texas oil tycoons investing in the stock market quickly its not a methodical earning of money its get rich quick schemes Why do we care about the SC o Weber was thinking about Marx when he answered this Marx would say that people have the duty to work but who cares Thats a mental cover for whats really happening Rich people like capitalism and poor people dont What matters is not who says what but rather who has property and who doesnt So theo What Webers response to this is by drawing a distinction between ideal and material interests Weber is on the Ideal side The ideal first appeared and found in people who do not have a lot of propertyy Ideal appeared among people who were not rich
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