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Single Idea 20718

[catalogued under 24. Political Theory / D. Ideologies / 11. Capitalism]

Full Idea

The modern Occident has developed a very different form of capitalism: the rational capitalist organisation of free labour …which needed two other factors: the separation of the business from the household, and the closely connected rational book-keeping.

Gist of Idea

Modern western capitalism has free labour, business separate from household, and book-keeping

Source

Max Weber (The Protestant Ethic and the Spirit of Capitalism [1904], Author's Intro)

A Reaction

For small businesses the separation has to be maintained by a ruthless effort of imagination. Book-keeping is because the measure of loss and profit is the engine of the whole game. Labour had to be dragged free of family and community.

Book Reference

Weber,Max: 'Protestant Ethic and Spirit of Capitalism' [Routledge 2001], p.-7

Related Idea

Idea 20690 The state fostered individualism, to break the power of family and community [Harari]