Weber, Schumpeter and Modern Capitalism Book

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Weber, Schumpeter and Modern Capitalism

By John Love
  • ISBN Code: : 1315278391
  • Publisher : Routledge
  • Pages : 250
  • Category : Social Science
  • Reads : 560
  • Book Compatibility : Pdf, ePub, Mobi, Kindle
  • Pdf : weber-schumpeter-and-modern-capitalism.pdf

Book Excerpt :

This book provides the groundwork for a general theory of modern capitalism by reinterpreting Max Weber’s work on the origins and institutional underpinnings of modern capitalism, and Joseph Schumpeter’s thought on the mechanisms and functioning of the capitalist economy. Focusing on the lesser-known works of both figures, particularly in the case of Weber, whose writings on economics and economic history are frequently overlooked, the author contends that a combination of Schumpeter’s and Weber’s theoretical schemas, incorporating their many valuable insights, provides the basis of a unified, overall theory of modern capitalism that is comprehensive, coherent and persuasive. With attention to the important theoretical connections between Weber and Schumpeter and the respective contributions of both with regard to the nature and workings of capitalism, the author explores the compatibility of the two approaches, arguing that the full significance of the contributions of the two writers has not been adequately appreciated. A systematic and sympathetic comparison and synthesis of the contributions of two of the central figures in social and economic theory, which highlights the enduring relevance of their work in times of political and economic crisis, Weber, Schumpeter and Modern Capitalism will appeal to scholars across the social sciences with interests in social and economic theory, classical sociology and economic history.

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This book offers a theoretical investigation into the general problem of reality as a multiplicity of ‘finite provinces of meaning’, as developed in the work of Alfred Schutz. A critical introduction to Schutz’s sociology of multiple realities as well as a sympathetic re-reading and reconstruction of his project, Experiencing Multiple Realities traces the genesis and implications of this concept in Schutz’s writings before presenting an analysis of various ways in which it can shed light on major sociological problems, such as social action, social time, social space, identity, or narrativity.

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Book Short Summary:

This book explores the contemporary relevance of Charles H. Cooley’s thought, bringing together scholars from the US, Europe and Australia to reflect on Cooley’s theory and legacy. Offering an up-to-date analysis of Cooley’s reception in the history of the social sciences, an examination of epistemological and methodological advances on his work, critical assessments and novel articulations of his major ideas, and a consideration of new directions in scholarship that draws on Cooley’s thought, Updating Charles H. Cooley will appeal to sociologists with interests in social theory, interactionism, the history of sociology, social psychology, and the sociology of emotions.

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  • Pdf File: max-weber-s-methodology.pdf

Book Short Summary:

At a time when historical and cultural analyses are being subjected to all manner of ideological and disciplinary prodding and poking, the work of Max Weber, the brilliant social theorist and one of the most creative intellectual forces in the twentieth century, is especially relevant. In this significant study, Fritz Ringer offers a new approach to the work of Weber, interpreting his methodological writings in the context of the lively German intellectual debates of his day. According to Ringer, Weber was able to bridge the intellectual divide between humanistic interpretation and causal explanation in historical and cultural studies in a way that speaks directly to our own time, when methodological differences continue to impede fruitful cooperation between humanists and social scientists. In the place of the humanists' subjectivism and the social scientists' naturalism, Weber developed the flexible and realistic concepts of objective probability and adequate causation. Grounding technical theories in specific examples, Ringer has written an essential text for all students of Weber and of social theory in the humanities and social sciences. Fully reconstructed, Max Weber's methodological position in fact anticipated the most fruitful directions in our own contemporary philosophies of the cultural and social sciences. Ringer's conceptualization of Weber's approach and achievement elucidates Weber's reconciliation of interpretive understanding and causal explanation and shows its relevance to intellectual life and culture in Weber's own time and in ours as well.

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  • Publisher : Ludwig von Mises Institute
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  • Pdf File: imperialism-and-social-classes.pdf

Book Short Summary:

Joseph Schumpeter was not a member of the Austrian School, but he was an enormously creative classical liberal, and this 1919 book shows him at his best. He presents a theory of how states become empires and applies his insight to explaining many historical episodes. His account of the foreign policy of Imperial Rome reads like a critique of the US today. The second essay examines class mobility and political dynamics within a capitalistic society. Overall, a very important contribution to the literature of political economy.

Economy in Society

By Jacek Tittenbrun
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  • Publisher : Cambridge Scholars Publishing
  • Book Code : 1443832359
  • Total of Pages : 585
  • Category : Social Science
  • Members : 319
  • Pdf File: economy-in-society.pdf

Book Short Summary:

This book offers an in-depth analysis of sociology, e.g. such classics as Weber, Parsons and Homans, and its adjacent social sciences with special reference to economics, including public choice theory, property rights theory, the Austrian school and others. This discussion submits many fresh observations; giving the theories under consideration their due, it at the same time exposes their flaws. In addition, the book contains a constructive programme of the research field in question, termed socio-economic structuralism, which involves many theoretical innovations, notions of ownership and class. This positive theory draws on, but is far from mimicking, achievements of the thinkers considered in the remaining parts of the book.

Weber's Rationalism and Modern Society

By
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  • Publisher : Springer
  • Book Code : 1137365862
  • Total of Pages : 233
  • Category : Social Science
  • Members : 888
  • Pdf File: weber-s-rationalism-and-modern-society.pdf

Book Short Summary:

Weber's Rationalism and Modern Society rediscovers Max Weber for the twenty-first century. Tony and Dagmar Waters' translation of Weber's works highlights his contributions to the social sciences and politics, credited with highlighting concepts such as "iron cage," "bureaucracy," "bureaucratization," "rationalization," "charisma," and the role of the "work ethic" in ordering modern labor markets. Outlining the relationship between community (Gemeinschaft), and market society (Gesellschaft), the issues of social stratification, power, politics, and modernity resonate just as loudly today as they did for Weber during the early twentieth century.

Comparison of Capitalist Dynamics in Marx and Schumpeter

By Scott Paul
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  • Publisher : GRIN Verlag
  • Book Code : 3638541029
  • Total of Pages : 8
  • Category : Social Science
  • Members : 466
  • Pdf File: comparison-of-capitalist-dynamics-in-marx-and-schumpeter.pdf

Book Short Summary:

Seminar paper from the year 2006 in the subject Business economics - Economic and Social History, grade: A, McGill University, 0 entries in the bibliography, language: English, abstract: Joseph Schumpeter was born the same year Karl Marx died. One might say Schumpeter was destined to follow in Marx’s footsteps. Marx had involved himself in the study of Capitalism and became a great source of influence for Schumpeter who elaborated on his theories. An essential part of their study was devoted to Capitalist Dynamics. Their views on the subject show fundamental similarities but demonstrate several differences as well, which are explained in part by their different experience of economic history. This paper will focus on comparing and contrasting the capitalist dynamics of Karl Marx and Joseph Schumpeter, their theories on what Capitalism is driven by and how it evolves. As a starting point, it is interesting to distinguish Marx’s and Schumpeter’s opposed feeling of Capitalism. Marx studied the laws of motion of Capitalism because he was concerned about the exploitation of workers and thus was against Capitalism. Schumpeter, on the other side, approved of Capitalism and considered free market Capitalism the “best economic system”. Marx believes that unemployment will increase as workers are replaced by machines and that Capitalism impoverishes the masses. On the other side, Schumpeter believes that Capitalism can ameliorate the conditions of the workers: “The capitalist process, not by coincidence but by virtue of its mechanism, progressively raises the standard of life of the masses. It does so through a sequence of vicissitudes, the severity of which is proportional to the speed of the advance. But it does so effectively.” Karl Marx, however, was not completely against Capitalism as it “rescued a considerable part of the population from the idiocy of rural life”.

Italian Critics of Capitalism

By Lorella Cedroni
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  • Publisher : Lexington Books
  • Book Code : 0739142364
  • Total of Pages : 190
  • Category : Political Science
  • Members : 270
  • Pdf File: italian-critics-of-capitalism.pdf

Book Short Summary:

The writings collected in this volume present leading statements of theories of democracy and capitalism in twentieth century Italy starting from Vilfredo Pareto. The book is the first (and the unique) collection of Italian classics on capitalism, it is an important contribution for an organic and general overview of the Italian contemporary political thought.

Change, Transformation and Development

By J. Stan Metcalfe,Uwe Cantner
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  • Publisher : Springer Science & Business Media
  • Book Code : 3790827207
  • Total of Pages : 450
  • Category : Business & Economics
  • Members : 746
  • Pdf File: change-transformation-and-development.pdf

Book Short Summary:

For as long as one can remember, the edifice of the neoclassical economic syn thesis has been under attack. Critiques have focused on the extreme unreality of the assumptions that underpin the Arrow-Debreu theorems of welfare economics. They have queried the excessive formalism of the edifice, and the lack of practical significance of many of the results.They have castigated the neoclassical synthesis for its internal incoherence (lacking an independent theory of capital, for example, one of the favorite topics of the Cambridge school), its lack of a dynamic element, its non-evolutionary character, its lack of any conception of "market process" and so the list could be continued (Blaug, 1997). Through all this, the neoclassi cal synthesis remains as strong as ever, impervious it seems to these or any other attacks. In this paper a different tack is taken. The neoclassical edifice is left alone, standing as a representation of what goes on in a certain kind ofeconomy- namely the economy wheregoods and services are producedand exchanged. The paper then introduces another kind of economy, namely an economy of productive entities called "resources"- that are needed to produce the economyofgoods and services.

Keynes and the Neoclassical Synthesis

By Dario Togati
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  • Publisher : Routledge
  • Book Code : 9781134670284
  • Total of Pages : 416
  • Category : Business & Economics
  • Members : 773
  • Pdf File: keynes-and-the-neoclassical-synthesis.pdf

Book Short Summary:

This remarkable volume provides a critical assessment of Neoclassical Synthesis, long regarded as the standard interpretation of Keynes. Taking issue with this orthodoxy, the author offers a unique interpretation of the foundation of modern macroeconomics, arguing that the subject derives from the conflict between two research programmes inspired by different paradigms in physics: the Newtonian programme of Hicks and the Einsteinian approach of Keynes. Original and provocative in its reflections, Keynes and the Neoclassical Synthesis not only offers a fresh interpretation of Keynes but makes an important contribution to debates within post-Keynesian economics. It will thus be of interest to all those interested in Keynes' place in the history of economic thought and macroeconomic methodology.

Joseph A. Schumpeter

By Richard Swedberg
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  • Publisher : John Wiley & Sons
  • Book Code : 0745668704
  • Total of Pages : 304
  • Category : Business & Economics
  • Members : 168
  • Pdf File: joseph-a-schumpeter.pdf

Book Short Summary:

Joseph A. Schumpeter (1883-1950) is one of the most celebrated authors on the economics and sociology of the twentieth century. Richard Swedberg's new biography provides an engaging and vivid account of Schumpeter's varied life, including his ventures into politics and private banking as well as his academic career. As a backdrop to these, Swedberg also discusses Schumpeter's tragic personal life. This book provides a thorough overview of Schumpeter's writings, and also introduces previously unpublished material based on his letters and interviews. Swedberg emphasizes that Schumpeter saw economics as a form of social investigation, consisting of four fields: economic theory, economic sociology, economic history and statistics. The author describes and analyses Schumpeter's theory of social classes and modern states as well as his more famous theory of the entrepreneur.

Max Weber on Economy and Society (Routledge Revivals)

By Robert Holton,Bryan S. Turner
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  • Publisher : Routledge
  • Book Code : 1136830693
  • Total of Pages : 212
  • Category : Social Science
  • Members : 836
  • Pdf File: max-weber-on-economy-and-society.pdf

Book Short Summary:

First published in 1989, this re-issue concerns itself with the relevance of Max Weber's sociology for the understanding of modern times. The book outlines key tenets of Weber's sociology and points to the valuable legacy of Weber's thought in contemporary intellectual debate, particularly with regard to secularization and rationalization of global cultures, the crisis of Marxism, the rise of the New Right and the emergence of post-modernism. This book offers an authoritative and insightful study which brings to light, not only the contemporary relevance of Weber's social theory, but also offering a broad perspective for the analysis of social questions.

Financial crises and the nature of capitalist money

By Jocelyn Pixley
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  • Publisher : Springer
  • Book Code : 113730295X
  • Total of Pages : 329
  • Category : Political Science
  • Members : 268
  • Pdf File: financial-crises-and-the-nature-of-capitalist-money.pdf

Book Short Summary:

This volume is a debate about a sociology and economics of money: a form of positive trespassing. It is unique in being written by scholars of both disciplines committed to this mutual venture and in starting from the original groundwork laid by Geoffrey Ingham. The contributors look critically at money's institutions and the meanings and history of money-creation and show the cross cutting purposes or incommensurable sides of money and its crises. These arise from severe tensions and social conflicts about the production of money and its many purposes. We demonstrate the centrality of money to capitalism and consider social disorders since the 2007 crisis, which marks the timeliness and need for dialogue. Both disciplines have far too much to offer to remain in the former, damaging standoff. While we are thankful to see a possible diminution of this split, remnants are maintained by mainstream economic and sociological theorists who, after all the crises of the past 30 years, and many before, still hold to an argument that money really does not 'matter'. We suggest, to many different and interested audiences, that since money is a promise, understanding this social relation must be a joint though plural task between economics and sociology at the very least.