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This 5 page paper focuses on the topic of capitalism, looking at it from Marx and Weber's eyes. Weber's Protestant Ethic and the Spirit of Capitalism is discussed along with classic Marx works. Bibliography lists 2 sources.
Filename: SA045cap.rtf
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5 pages (~225 words per page)
File: RT13_SA045cap.rtf
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have certain freedoms. While many of those are slightly intangible such as the freedom of speech and freedom of religion, others are more concrete. Rules and laws concerning money making
endeavors, taxation and business licenses all come from governing bodies and these differ dependent on what type of government is implemented. Capitalism refers to a government whereby the people have
ownership of goods. This is in contrast to governments which are communist that support a theory of government ownership and control. In the United States of America, while a state
of capitalism definitely exists, there is controversy and of course, there are compromises. The health care system, for example, is a compromise of what used to be a competitive industry.
Today, it is based on socialist values and provides more services for the greater good with less profit. Yet, for the most part, industry is run on capitalist notions. In
exploring ideas about capitalism, two theorists stand out and these are Karl Marx and Max Weber. Max Weber looks at the rise of capitalism as a partial result of
the Protestant work ethic. Thus, the development of the modern personality, a firm work ethic and a motivational structure all is indicative of greater productivity. Karl Marx, on the other
hand, focuses on theories surrounding labor and alienation. Both have much to do with capitalism but each theorist treats the subject differently. Weber expresses that capitalism does not just
have to do with the acquisition of wealth, but rather the implementation of a system to create money. Thus, it is not what a person may buy with the money
that drives capitalism but the making of the money itself which is key to its spirit. He is referring to the drive one has to achieve. Weber cites an
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