Sociology 2240E Lecture Notes - Lecture 2: Wage Labour, Dime (United States Coin), Making Money
13 Apr 2016
School
Department
Course
Professor
Document Summary
The "spirit of capitalism"" refers to the distinctive mentality that weber determined was intricately linked to the formative period of capitalist development. We don"t believe in good/bad spirits, or ghosts or imaginary world. Is translated as steel-hard casing in the spirit of capitalism excerpt included in - Important because calvinism you were pre-destined whether you will go to either hell or heaven. ** the capitalist was an ascetic-a rational miser(cheapskate/saver &collector) Who was devoted to the task of making money, not in order to enjoy its fruits but to reinvest it to make more money. A man has good and large credit & makes good use of that money(credit) Money is of the prolific (productive/creative), generating nature. Talks about how you should save and invest rather than spending your money/credit on unnecessary expenses. *-you gain more when you invest; which is why capitalist are doing by investing in money and not spending a dime on something (money savers and cheapskates)
