The election of Barack Obama corresponding with the dramatic implosion of the neo-liberal world order of finance, represents a dramatic return of history as attempts are made to forge the new consensus of global capitalism. The financial crisis has come to represent the culmination of Third Way neo-liberalism with Obama signifying the commodity logic and emancipatory potential of the new spirit of capitalism. Obama’s biography has allowed for a self-confident re-articulation of American imperial power, while fetishizing a (...) civil society notion of transformation that has eclipsed the anti-capitalist left. Resistance to Obama’s vision of a reconciled America, leading the moral correction of capitalism, has come in the form of a right wing populist campaign of delegitimization. The Tea Party populists speak to the return of the political and the ontological necessity of antagonism as they present themselves as the only radical alternative to actually existing neo-liberalism. (shrink)

For many reasons, it is true that the Protestant Reformation unleashed the forces that lay behind the emergence of capitalism. Such a system was compatible with the emancipation of individuals, their mentalities, due to specific societal reforms and transformations. Therefore, it gave birth, in an unprecedented way, to a “new form of capitalism”. But the main idea I want to stress in this article is that the capitalist ethos was present before the Reformation, many centuries ago, in what (...) is called now the “Christian spirit”. In this direction, I emphasize many theories which disagree with the Weber’s well-known thesis about the relation between capitalism and religion, especially when it comes to generalize a particular result that is both theologically vague and empirically disprovable. (shrink)

capitalist proponents and orthodox Marxists alike tend to agree that capitalism entails a significant break from systems of chattel slavery: both claim that there is a significant, substantive difference between a system that commands and oppresses labor directly and one that commands labor indirectly through the private ownership of capital, although Marxists would deny that the latter is any less oppressive that the former. Apologists for capitalism commonly claim that the rise of that system ended slavery and that (...) the overthrow of slavery by “free labor” is the clearest evidence of capitalism’s moral superiority over other economic systems. Orthodox Marxists, such as Eugene Genovese, concur that slavery in the Americas was “precapitalist,”(45) and that capitalism brought it to an end, although they would maintain more continuities between the two systems than capitalism’s defenders would admit, and deny any moral advantage to “wage slavery” over chattel slavery. Defenders of capitalism are wrong on this matter for several reasons, but what I wish to focus upon in this paper is how a Weberian understanding of capitalism as a “spirit” or ethos, rather than in terms of a set of economic institutions and practices, demonstrates how the Caribbean slave trade was an early manifestation of capitalism rather than its antithesis. (shrink)

The Protestant ethic — a moral code stressing hard work, rigorous self-discipline, and the organization of one's life in the service of God — was made famous by sociologist and political economist Max Weber. In this brilliant study (his best-known and most controversial), he opposes the Marxist concept of dialectical materialism and its view that change takes place through "the struggle of opposites." Instead, he relates the rise of a capitalist economy to the Puritan determination to work out anxiety over (...) salvation or damnation by performing good deeds — an effort that ultimately discouraged belief in predestination and encouraged capitalism. Weber's classic study has long been required reading in college and advanced high school social studies classrooms. (shrink)

The paper reconsiders the Weber Thesis of a linkage between Calvinism and capitalism. It first restates this sociological Thesis in terms of the Calvinist doctrine of predestination as its theological core and premise in virtue of being treated as the crucial religious factor of the spirit of modern capitalism. Consequently, it proposes that the Weber Thesis’ validity and consistency depends on that doctrine, succeeding or failing as a sociological theory with the latter depending on whether or not (...) it is unique in theological terms, as well as economic-social consequences. For that purpose, it reexamines and compares the Calvinist doctrine of predestination with the pre-Calvinist versions and infers that it is basically identical to or compatible with these. It then draws the implications for the Weber Thesis in respect of the degree of its validity or consistence. It concludes that the Weber Thesis likely is fail as a sociological-economic theory with the Calvinist doctrine of predestination to the extent that the latter is its theological ground and revealed not to be unique and new theologically and probably in terms of its societal effects. (shrink)

The following paper suggests a connection between recent developments in the justification of the capitalist system and contemporary European Liberal Arts programs. By looking at Luc Boltanski’s and Eve Chiapello’s study on The New Spirit Of Capitalism and Gilles Deleuze’s term of societies of control we highlight a pivot within Western societies towards flexibility, creativity and self-fulfillment as essential requirements on the job market. We then link this observation to European Liberal Arts programs and ask to what extent (...) the Liberal Arts’ self-understanding, as it appears at European universities, conforms to this new capitalist imperative. Furthermore, we examine how we experienced these claims during our time as Liberal Arts students. (shrink)

For more than 100 years, The Protestant Ethic and the Spirit of Capitalism has set the parameters for the debate over the origins of modern capitalism. Now more timely and thought-provoking than ever, this esteemed classic of twentieth-century social science examines the deep cultural "frame of mind" that influences work life to this day in northern America and Western Europe. Stephen Kalberg's internationally acclaimed translation captures the essence of Weber's style as well as the subtlety of his (...) descriptions and causal arguments. Now, for the first time in one volume, The Protestant Ethic and the Spirit of Capitalism with Other Writings on the Rise of the West integrates Weber's exploration of the spirit of capitalism's origins with his larger project: a multi-causal analysis of the West's distinctiveness and its sources. Weber's texts present wide-ranging discussions on the Western city, state, forms of rulership and law, and modes of economic innovation. Moreover, in many selections Weber offers in-depth and insightful comparisons to China and India. Readings on the "economic ethics" of Confucianism, Buddhism, Hinduism, Islam, Judaism, and Catholicism further illuminate the distinct qualities of the West's trajectory and its diverse causes. A separate section examines the long-range influence of the ascetic Protestant sects and churches on American society.To draw readers into the material, this engaging volume includes extended introductions by the editor, many new translations, a chronology of Weber's life, an expanded glossary and bibliography, and numerous clarifying endnotes. In addition, Kalberg addresses a variety of debates concerning the central elements of contemporary life. Ideal for courses in sociology, anthropology, political science, history, international relations, and economics, The Protestant Ethic and the Spirit of Capitalism with Other Writings on the Rise of the West is an essential resource for anyone seeking to understand the origins and endurance of the modern West. (shrink)

Taking Max Weber's conception of the modern capitalist world system as a classical precedent, and with reference to a series of analytical schemas on capital formation, this essay takes three recent books as a starting point for examining the revival of critical theoretical attention to 'the new capitalism'. The Social Structures of the Economy by Pierre Bourdieu focuses on the erosion of the separation between business and household economies by providing a case study of the construction boom in single-family (...) dwellings which replaced the public housing movement in 1980s France. Also concentrating on recent French history, Luc Boltanski and Eve Chiapello, in their monumental book The New Spirit of Capitalism, argue that the post-industrial restructuring of 'formally free' labour was provoked by countercultural protest in the 1960s and further justified by managerial discourses advocating postmodern 'flexibilization' in the 1990s. Finally, Nigel Thrift's Knowing Capitalism enumerates recent examples demonstrating how the 'rational' accounting of economic capital is increasingly expanded and intensified by commodified cultural circuits which facilitate flows of information between business schools, management consultants and entrepreneurial gurus and in a variety of everyday spaces and ordinary practices. While each of these works convincingly projects the resurrection of 'the spirit of capitalism' on local and global scales, they have less to say about the underlying political dynamics or emerging alternatives to this process. (shrink)

Why has the Islamic economy, as a model of socioeconomic development, gained traction as a viable option? The existing literature suggests that the Islamic economy has been popularized by a combination of factors, including anticolonial movements, a global renewal of religiosity, and the activities of new social strata who merge piety with capitalist orientations. These approaches, however, tend to homogenize social actors, subsuming them under the overarching label of Islamism. In contrast, this article employs the lens of “intra-hegemonic struggles” to (...) identify three competing orientations of Islamism and their manifestation in the economy. Drawing on eighteen months of fieldwork in Kazakhstan and Kyrgyzstan, it argues that this contestation motivates diverse segments of the society to create and engage in the Islamic economy, rather than any single state-driven or identity-based movement. The article synthesizes three otherwise isolated bodies of work: the political sociology of articulation, new theories of Islamism, and the concept of imaginaries from economic sociology. (shrink)

I dedicate this essay to the memory of the late Wolfgang Mommsen—the subject would have been congenial to him. It is one of a series of offshoots from a central project: a scholarly edition of Max Weber's Protestant Ethic with commentary. When I first told Prof. Mommsen of my plan in 1994 he looked me full in the face and gave a characteristic growl: “All that work!” Here was a man who knew what he was about. My thanks to Ross (...) McKibbin and Keith Tribe for reading this paper in draft. The article begins by examining Max Weber's relations with Lujo Brentano, much the most important “precursor” to Weber in the field of economics. In particular, Brentano conducted a form of parallel inquiry into the rise of ‘the spirit of capital’ in England 35 years before Weber looked for the origins of “spirit” of capitalism there, and the contrast between these two ideas casts much light both on Brentano and on Weber's Protestant Ethic. This personal history leads into a broader history of the transition in German economic thought between the 1860s – the formative decade for Brentano but also the era of Marx's Capital – and that of Weber's generation coming to maturity c.1890. Marx and Weber remain the two great canonical thinkers and original minds; but any authentic historical comparison between Marx and Weber must take in Brentano. The essence of the contrast between the generations is that between Weber's novel conception of an ethical ‘capitalism’, and the materialism and naturalism underpinning Brentano's and Marx's ‘capital’, although Weber and Brentano are alike as liberals, democrats and bourgeois. ☆ Some abbreviations for Weber: AfSS for Archiv für Sozialwissenschaft und Sozialpolitik; GARS for Gesammelte Aufsätze zur Religionssoziologie (Tübingen, 1920) vol. i; WL for Gesammelte Aufsätze zur Wissenschaftslehre (Tübingen, 1968); Grundriss for Grundriss zu den Vorlesungen über Allgemeine (“theoretische”) Nationalökonomie [1898], repr. Tübingen, 1990; MWG for Max Weber Gesamtausgabe ed. Horst Baier et al. (Tübingen, 1984); Briefe for letters by Weber in this edition; ‘Nachlaß Max Weber’ for unpublished letters from the Geheimes Staatsarchiv, Berlin-Dahlem, VI. HA Nachlaß Max Weber. Lebensbild for Marianne Weber, Max Weber: Ein Lebensbild (Tübingen, 1926); Zohn for idem, Max Weber. A Biography (New Brunswick, 1988) tr. Harry Zohn. For Brentano: Der wirtschaftende Mensch for Der wirtschaftende Mensch in der Geschichte (Leipzig, 1923); Konkrete Grundbedingungen for Konkrete Grundbedingungen der Volkswirtschaft (Leipzig, 1924); Der tätige Mensch for Der tätige Mensch und die Wissenschaft von der Wirtschaft (Marburg, 2006) ed. R. Bräu, H.G. Nutzinger. ‘Die Entwickelung der Wertlehre’ for ‘Die Entwickelung der Wertlehre’, Sitzungsberichte der Königlich Bayerischen Akademie der Wissenschaften. Philosophisch-philologische und historische Klassen. Jahrgang 1908, 3. Abhandlung (15 Feb. 1908), 1–84; ‘Theorie der Bedürfnisse’ for ‘Versuch einer Theorie der Bedürfmisse’, ibid., 10. Abhandlung (5 Dec. 1908), 1–79; ‘Die Malthussche Lehre’ for ‘Die Malthussche Lehre und die Bevölkerungsbewegung der letzten Decennien’ [1909], Abhandlungen der historischen Klasse der Königlich Bayerischen Akademie der Wissenschaften XXIV (1906–1909), 565–625, 1*–39*. (shrink)

The study of the notion of ideology shows that this corpus lends itself to a wide variety of different definitions. A certain opposition runs all the way through this set of definitions. Ideology would appear to be torn between a conception that emphasises its distortion and dissimulation dimensions and another conception which views as a set of social representations. After rapidly presenting the main characteristics of these two polar extremes, Paul Ricoeur's suggestion that these two conceptions can be united is (...) discussed and illustrated by the concept of the `spirit of capitalism', as defined in the book by Boltanski and Chiapello (1999). It is shown that this constitutes an ideology which is in fact an attempt to encompass both these conceptions. It is also shown that the concept of `trial' as proposed in that book helps greatly to understand how this reconciliation is actually possible. (shrink)

Based on qualitative analysis of the Soviet press and official state documents, this article argues that the Communist Party was, counter intuitively, an agent of capitalist dispositions in the Soviet Union during 1970s-1980s. Understanding the spirit of capitalism not simply as an ascetic ethos but in broader terms of the cult of individualism, I demonstrate that the Soviet party-state promoted ideas and values of individuality, self-expression, and pleasure seeking in the areas of work and consumption. By broadening our (...) conception of the spirit of capitalism, tracing the formation of capitalist dispositions as well as institutions, and showing that the culture of capitalism can come from within the old regime, I further the agenda of neoclassical sociology of studying varieties of origins, paths, and destinations of modern capitalisms. (shrink)

With new enhanced pedagogy, this is a famous translation of a classic book - now available for the first time with "Other Writings on the Rise of the West", a collection of Weber's other diverse writings.

In the climax to The Protestant Ethic, Max Weber writes of the stahlhartes Gehäuse that modern capitalism has created, a concept that Talcott Parsons famously rendered as the "iron cage." This article examines the status of Parsons's canonical translation; the putative sources of its imagery ; and the more complex idea that Weber himself sought to evoke with the "shell as hard as steel": a reconstitution of the human subject under bureaucratic capitalism in which "steel" becomes emblematic of (...) modernity. Steel, unlike the "element" iron, is a product of human fabrication. It is both hard and potentially flexible. Further, whereas a cage confines human agents, but leaves their powers otherwise intact, a "shell" suggests that modern capitalism has created a new kind of being. After examining objections to this interpretation, I argue that whatever the problems with Parsons's "iron cage" as a rendition of Weber's own metaphor, it has become a "traveling idea," a fertile coinage, in its own right, an intriguing example of how the translator's imagination can impose itself influentially on the text and its readers. (shrink)

This article focuses on Max Weber’s understanding of “ethos” in “The Protestant Ethic and the Spirit of Capitalism” and the benefits afforded by this concept. The reference is not accidental as it is in this work that Weber could consistently explicate his ethical argument. The idea of ethos becomes clearer in comparison with the concept of habitus, which is actively used today in social science. It is shown that the distinction between ethos and habitus may be more productive (...) than the conflation common in modern research. The category “ethos” is compared with the value-rational action from the later typology of action in Weber’s “Economy and Society”, while habitus is associated with traditional action from the same typology. The concept of ethos is further clarified by the example of Weber’s opposition of traditionalism and ethical modern Western capitalism. By focusing on ethical issues and using character as a theoretical tool, Weber not only puts forward a convincing interpretation but lays the foundations for a specific line of analysis in social and economic science. The category of ethos in conjunction with the value-rational type of action acquires special significance due to the potential for novelty and change that is embedded in it. (shrink)

The last twenty years have been characterised by a significant shift inattitudes towards enterprise, entrepreneurship and small business.However though valued, entrepreneurs and small businesses are underincreasing pressure to be mindful of the social and moral implicationsof their activities. These developments have given the question ofbusiness ethics a central place in organisational research. Much of thisattention has been directed at the large organisation, despite the factthat the majority of businesses are small firms.A significant amount of the research in the area of (...) business ethicsis prescriptive in orientation with an underlying assumption thatenterprise and ethics are mutually exclusive, with a key aim being tobring them together. In looking at the question of ethics and enterprise(understood here as small business activity) this paper will argue thata prescriptive approach should be avoided and an alternative will beoutlined. With reference to the concept of Lebensfuhrung,translated in Weber''s The Protestant Ethic and the Spirit ofCapitalism as the "manner of leading one''s life", this paper willargue that rather than conceiving of enterprise as an activity whichneeds an infusion of ethics, enterprise is by its very nature ethical.It is ethical in the sense of advocating a particular way by which oneshould live one''s life or in the case of small business owners,presenting an account of how a small business should be owned, nurturedand developed. (shrink)

This book provides a constructive criticism of the emerging practice of conscious capitalism from the perspective of world religions and spiritualities. Conscious capitalism, to many of its adherents, represents an evolutionary step forward beyond the dominant neo-liberal paradigm, where it often appears that just about everything is for sale. Is conscious capitalism consistent with the values inherent in religious and spiritual world-views and does it provide a better fit for bringing out the best that business has to (...) offer? This book answers these questions and many more. An appealing read for researchers in business ethics as well as any reader critical of the excrescences of capitalism. (shrink)

This article carries out a critical analysis of the discourse/practice of Business Ethics that has developed to an unprecedented extent in the last decade or so. It argues that in the late-modern global political economy (GPE) there develops a form of a Gramscian hegemony of transnational capital and the discourse/practice of Business Ethics can be seen as a form of moral leadership in the context of the emerging hegemonic order.

This article carries out a critical analysis of the discourse/practice of Business Ethics that has developed to an unprecedented extent in the last decade or so. It argues that in the late-modern global political economy (GPE) there develops a form of a Gramscian hegemony of transnational capital and the discourse/practice of Business Ethics can be seen as a form of moral leadership in the context of the emerging hegemonic order.

Digital technologies are rapidly transforming economies and societies. Scholars have approached this rise of digital capitalism from various angles. However, relatively little attention has been paid to digital capitalism’s cultural underpinnings and the beliefs of those who develop most digital technologies. In this paper, we argue that a solutionist order of worth – in which value derives from solving social problems through technology – has become central to an emerging spirit of digital capitalism. We use supervised (...) learning to trace the relative importance of different orders of worth in three novel text corpora. We find that solutionism is indeed central to the normative beliefs of digital elites and the broader digital milieu, but not to capitalist discourse at large. We illustrate the importance of these findings by discussing how the spirit of digital capitalism motivates, legitimates, and orients the actions of digital capitalists. (shrink)

The article analyzes the economic determinants of the rise and initial growth of Protestantism, specifically Calvinism, described as the Weber reverse problem in light of his thesis of Calvinist outcomes for economy. These determinants of Calvinism are differentiated from its assumed economic outcomes, specifically the emergence and development of modern capitalism in Weberian sociological accounts. It is argued and showed that the economic determinants of Calvinism’s emergence and early evolution are primarily pre-capitalist in character rather than capitalist in the (...) modern sense. Therefore, the initial overarching economic determinant and setting of early Calvinism is considered to be pre-capitalism, as distinguished from modern industrial capitalism, specifically feudalism as the ancien regime of master–servant economy. Such a pre-capitalist determinant and context suggests that of Calvinism was itself economically determined or influenced before presumably determining or influencing modern capitalism.. (shrink)

The discourse surrounding the spirit of sports, especially under the purview of the World Anti-Doping Agency (WADA), often centers on the philosophical implications of doping and fair play. This research aims to reframe the discussion by employing the lens of historical materialism and Marxist theory, considering sports not merely as isolated physical endeavors but deeply interwoven with societal and ideological transformations. This approach traces the evolution of sports from ancient times, where it served religious and communal functions, to its (...) current status as a component of global capitalist culture. By analyzing the spirit of sports through the theoretical frameworks of Althusser and Žižek, this study explores how sports act as ideological state apparatuses (AIEs), shaping and being shaped by the prevailing economic and social structures. The core argument posits that the spirit of sports is both a reflection of and a contributor to the ideological superstructures that define different historical epochs. The analysis highlights the transition from viewing sports as communal and ritualistic engagements to mechanisms of capitalist ideology, emphasizing competition and profit. Through this historical and ideological critique, the research aims to provide a comprehensive understanding of the spirit of sports, challenging traditional perspectives that isolate sports from their socio-economic and ideological contexts. The findings suggest that any discussion about the spirit of sports, particularly in anti-doping debates, must consider the broader ideological forces at play, thereby opening pathways for a more nuanced understanding of sports ethics. (shrink)

Many social theorists hold that the corporation is the key institution of the modern world. Novak wrote four books on the corporation, viewing it as the chief instrument of innovation within “democratic capitalism”, and the concrete entity in which its three systems (political, economic, moral-cultural) converge. We look at Novak’s account with its roots in Maritain, and at Novak’s intention to ground this account in the ideals of the American Founding, and in a Christian understanding of grace. “The corporation” (...) turns out to be an excellent pathway into Novak’s thought and a safeguard against some fundamental mistakes in interpreting him. (shrink)

The discourse surrounding the spirit of sports, especially under the purview of the World Anti-Doping Agency (WADA), often centers on the philosophical implications of doping and fair play. This research aims to reframe the discussion by employing the lens of historical materialism and Marxist theory, considering sports not merely as isolated physical endeavors but deeply interwoven with societal and ideological transformations. This approach traces the evolution of sports from ancient times, where it served religious and communal functions, to its (...) current status as a component of global capitalist culture. By analyzing the spirit of sports through the theoretical frameworks of Althusser and Žižek, this study explores how sports act as ideological state apparatuses (AIEs), shaping and being shaped by the prevailing economic and social structures. The core argument posits that the spirit of sports is both a reflection of and a contributor to the ideological superstructures that define different historical epochs. The analysis highlights the transition from viewing sports as communal and ritualistic engagements to mechanisms of capitalist ideology, emphasizing competition and profit. Through this historical and ideological critique, the research aims to provide a comprehensive understanding of the spirit of sports, challenging traditional perspectives that isolate sports from their socio-economic and ideological contexts. The findings suggest that any discussion about the spirit of sports, particularly in anti-doping debates, must consider the broader ideological forces at play, thereby opening pathways for a more nuanced understanding of sports ethics. (shrink)

The article traces possible channels of influence of a religious factor on the formation of a specific Russian version of socialism. Using the logics of the M. Weber?s work?The Protestant Ethic and the Spirit of Capitalism?, I. Zabaev reveals the categories that played a dominating role in the people?s consciousness in the pre-revolutionary Russia. According to his conclusion, these categories were?obedience? and?resignation?. It was obedience and resignation that assured the salvation of an Orthodox person. In everyday life such (...) orientations were easily transformed into the readiness to obey the?superior?. Once elaborated, they turned to be quite stable and, being separated from their religious roots, ensured a sort of asceticism on the secular path. (shrink)