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Max Weber The Protestant ethic and the spirit of capitalism (1930) / BUSINESS AT THE SPEED OF THOUGHT (Bill Gates) Essay Example

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Max Weber The Protestant ethic and the spirit of capitalism (1930) / BUSINESS AT THE SPEED OF THOUGHT (Bill Gates)

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As definition of a concept, Weber has presented a portion of Benjamin Franklin’s writings whose attitude reflects the essence of capitalism. Franklin has said time is money, money creates money and one must be particular in payment of dues to sustain confidence of others. Weber has explained that such philosophy akin to greed indicated that increasing capital is an end in itself, and it is an individual’s duty to prosper. This, according to Weber, is the spirit of capitalism. Franklin’s moral values advocate enhancement of profit, and he equally supports any alternative methods to achieve this end. However, capitalism does not indicate a hedonistic lifestyle since earning money is not always associated with purchasing goods. This apparent irrational approach towards money is basis of capitalism which, according to Weber, is associated with certain religious concepts, “the acquisition of money in the modern economic order is the result and manifestation of competence and proficiency in a vocational calling” (Weber, 18).As Weber turns to Protestantism for explanation of capitalist spirit, he focuses on one of its branches which is Calvinism. Calvinists believe that fate is predestined which means that God decides the salvation or damnation of His believer. With the development of this belief, Calvinists then embarked on seeking the clues of whether one can be actually saved, and thus they began to accept material affluences and profits as signs of God’s mercy. Other forms of Protestantism are Pietism, Methodism, and Baptizing sects which harbored similar views but to a lesser degree. Weber explains that this new approach has destroyed the traditional economic values and gave birth to modern capitalism.Weber has emphasized throughout that his study is replete with limitations. He has not stated that Protestantism is the reason behind modern capitalism, but has argued that it is indeed one of the vital contributors. He has also explained that capitalism itself influences development of religious ideas. Weber constantly reminds the reader about the complexity of the subject.In his book, Bill Gates has talked about information revolution in the twentieth century. He has stressed on speed as most important aspect of information. Human nervous system is trained in the manner that it responds at lightning speed when human body is threatened. Within the

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