Week 3: Max Weber

Question 1

Which framework does Weber used to contextualize the emergence of capitalism

Answer 1

Protestantism specifically calvinism

Question 2

What is the basis of the Protestant work ethic

Answer 2

The connection between religious beliefs and work ethic calvinists demonstrate their selection for salvation through hard work frugality and discipline

Question 3

What according to Weber creates a conducive environment for capitalism

Answer 3

Fact that protestantism offers religious and cultural justification for the pursuit of wealth and profits

Question 4

Explain how the protestant work ethic contributed to the rise of modern capitalism

Answer 4

It promoted rationality efficiency and a scientific approach to economic activity

Question 5

What were the benefits of frugality and hard work

Answer 5

Economic growth and expansion

Question 6

What are the key Concepts for the Reading by Max Weber

Answer 6

Protestantism, capitalism, rationalism, the iron cage, bureaucracy, protestant work ethic.

Question 7

Ascetic protestantism

Answer 7

Belief system that emphasizes frugality and discipline, focused on hard work and a sense of duty towards fulfilling calling

Question 8

Why is rationalization ambiguous and paradoxical

Answer 8

It’s not a straightforward historical phenomenon. It has its own unique logic and dynamics

It’s ethical implications are inconclusive because it makes people capable but also takes away their freedom and agency (iron cage)

It causes delusion because of disenchantment.

Question 9

Explain the metaphor of the iron cage

Answer 9

The feeling of being trapped in a system governed by impersonal rules, regulations and procedures that restrict individual freedom and creativity

Question 10

Process of rationalization

Answer 10

1. Increase knowledge and disenchantment
2. Grow impersonalisation
3. Increase control of social and material life.