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Essay / Research Paper Abstract
8 pages in length. The writer discusses Weber's assertion that Calvinism is inextricably intertwined with capitalism, as well as the notion of Weber's social order theory. Bibliography lists 2 sources.
Page Count:
8 pages (~225 words per page)
File: LM1_TLCMxWeb.rtf
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Unformatted sample text from the term paper:
capitalism. Influenced by cultural superiority and class stature, Weber also believed that a biological basis had much to do with the ultimate formation of Western capitalism. The manner
by which Weber interweaves Calvinism as a crucial component in the creation of capitalism is reflected by the following tenets: sovereignty of God, corruption of humanity and the canon of
predestination. Weber states that the only reason people work is because they have to; if given the opportunity to eschew such laborious toil
yet still have money, there is little doubt this option would be denied. As long as people must work to survive, however, they will forever be a part of
the Calvin system that contends those who must work will always have to work. As such, they will never become benefactors of capitalism, a system devised for the select
few who are able to pull themselves out of the trenches of poor living conditions at the expense of all others. Wages play
a critical role in Webers assessment of capitalism. Most recently on the timeline of mankinds quest for financial independence, the minimum wage has existed between those who clung to
the traditional economic theory as a means by which to avoid having a minimum wage and those who supported the efficiency-wage benefits of implementing one. Although the argument historical
proved to be effective in swaying many lawmakers, it could also have been a strategic argument for circumventing the particular understanding of contract liberty, under which there could not exist
any type of legislation that would intrude upon ones liberty of contract unless it was unequivocally proven that doing so would most assuredly provide for the greater public interest.
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