rational capitalism

rational capitalism

WEBER'S IDEAL TYPE of Western CAPITALISM, involving the systematic rational calculation of profit and loss (e.g. accountancy), in contrast with less rational, non-Western, preindustrial forms of capitalism. See also RATIONALITY, PROTESTANT ETHNIC.
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In his concluding chapter, Babb turns to the thesis enunciated by Max Weber over a century ago concerning the connections--which Weber argued were causal--between an ascetic approach to life, as seen in Protestantism and Jainism, and the rise of rational capitalism.
John Bellamy Foster, Monthly Review's editor, analyses what he calls the end of rational capitalism.
Not all economists succumbed to the idea of a new rational capitalism.
Foster explains that for Baran and Sweezy the new regime of accumulation did not resemble the myth about rational capitalism.
John Bellamy Foster explains what he calls the end of rational capitalism.
What they set out in their analyses were the requirements of a rational capitalism and at least the hope that these requirements would be achieved.
Keynes, located at Cambridge in England, was the embodiment of rational capitalism.
Professor Kaelber raises the question of how my book is related to my earlier article on rational capitalism in Renaissance Italy.
Munch claims to have derived the subject of thesis, the "interpenetration between ethics and the world of instrumental activism" from Weber's approach to the relationship between "the ethics of ascetic Protestantism and the spirit of modern rational capitalism.
Political capitalism essentially means profitmaking through political contacts or under direct political protection, and it can be found in antiquity as well as in the modern world, Rational capitalism is what we today sometimes call free market capitalism.
The arbitrary element in patrimonialism, however, makes it incompatible with rational capitalism [ILLUSTRATION FOR FIGURE 4 OMITTED].
Berger also sketches some ideas on the place of rational capitalism in the Confucian tradition, as well as in East Asian cultures.