The Protestant Ethic and the Spirit of Capitalism
by Weber, Max (1992)
“all these peculiarities of Western capitalism have derived their signiﬁcance in the last analysis only from their association with the capitalistic organization of labour. Even what is generally called commercialization, the development of negotiable securities and the rationalization of speculation, the exchanges, etc., is connected with it. For without the rational capitalistic organization of labour, all this, so far as it was possible at all, would have nothing like the same signiﬁcance, above all for the social structure and all the speciﬁc problems of the modern Occident connected with it. Exact calculation—the basis of everything else—is only possible on a basis of free labour” (p.xxxv)
KeywordsCapitalism, Weber, Commercialisation, Rationality, Free Labour, Unpaid Labour
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