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SOCB43H3 (166)
Dan Silver (151)
Lecture

Lec 3.docx

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Department
Sociology
Course
SOCB43H3
Professor
Dan Silver
Semester
Winter

Description
Lec 3 1. Spirit of Capitalism 2. Protestant Ethic 3. Protestant Ethic + the Spirit of Capitalism 4. Religious Rejections of the world  Religious convictions pave the way for capitalism  Protestantism said that each person can have a direct relationship with god without a priests involvement  Protestantism encourages capitalism The spirit of capitalism  time is money  spirit of capitalism: working hard is a moral duty  industriousness is a moral duty  everyone has a moral duty to get rich  always make sure that ppl know you’re hard working and rational  Why should we care? o Modern vs. adventure capitalism: Adventure capitalism is based on taking risks likes making a bet to win a lot of money. Modern capitalism is when ppl work hard to increase their profit little by little using a business plan  Why should we care about the spirit of capitalism? o Because the rich
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