Economic change does not directly supply the content of capitalist ideas

Evidence

The essay works by means of what Weber calls an “elective affinity” between the structure of Puritan ideas (above all, of the Calvinist variant) and the structure of the rationalization of capital accumulation necessary to the development of capitalism. That is, it opposes any notion that economic change directly provides the content of capitalist ideas. Instead, it suggests that what is important is the “homology” between what capitalism needed in order to become a sanctioned system of regulated economic activity, and the impulse to planned and routinized “activity” in Puritanism. It adds to this a middle, mediating term: the Puritan/capitalist “character structure.” — Hall, Stuart, Essential Essays, Volume 1, 338

Categorization

Category: Causal Relationships

  • DEFINE: Defines ‘elective affinity’ and ‘homology of structures’ as the theoretical mechanism linking Puritanism to capitalism.

Broader Connections