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Essay / Research Paper Abstract
This 4 page paper takes a look at the idea that private property is really a motivator. Ideas of profit, free trade and capitalism are discussed. Theorists mentioned are Marx, Weber and Smith. Bibliography lists 2 sources.
Page Count:
4 pages (~225 words per page)
File: RT13_SA318pft.rtf
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Unformatted sample text from the term paper:
either private property is good or bad for the economy and personal growth. On one hand there is the Marxian interpretation that sees private property as bad for society
and profit as only padding the pockets of the capitalists. On the other side of the argument are sentiments that come from the ideas of Max Weber and Adam Smith
and many others. Weber cites an example by stating: "The difference between capitalistic and pre-capitalistic spirits is not to be found at this point. The greed of the Chinese Mandarin,
the old Roman aristocrat, or the modern peasant, can stand up to any comparison" (Weber, 1991,p. 56). Here, Weber makes it clear that the spirit of capitalism is not about
greed, or accumulating material wealth. Rather, it is a calling. One is called to do a particular type of work, using their God-given talents. In fact Weber devotes an entire
chapter to the concept of the calling. Of course, money does enter the picture. Money however is a valid measurement. It is compensation for work, an amount that is doled
out to make things fair, but nothing more. It should be emphasized that Weber does not applaud greed. Instead, he explains that people can earn money while being frugal
at the same time. Webers argument concerning the origin of capitalism in his classic work has implications for the rationale of the modern West. Today, people are seemingly driven
by the lure of money and the things it can buy. However, when confronted with choices, many people find that money is not the most important thing there is, and
not necessarily what they are working towards. Rather, money is simply an added benefit. Sure, it allows one to live, but the real reason people work has to do with
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