He says that the main purposed of capitalism is to make more money even though it is not fulfilling other human needs. “In fact, the summum bonum of this ethic, the earning of more and more money combined with the strict avoidance of all spontaneous enjoyment of life, is above all completely devoid of any eudaemonistic, not to say hedonistic, admixture. It is thought of so purely as an end in itself, that from the point of view of the happiness of, or utility to, the single individual, it appears entirely transcendental and absolutely irrational.” (pg 233) It is also in this passage that we see that Weber’s definition of capitalism is different than those that we have studied in the past. For example, Marx defined capitalism as a mode of production where capital is acquired through exploiting the working class. Yet Weber says that capitalism requires a more rational moneymaking
He says that the main purposed of capitalism is to make more money even though it is not fulfilling other human needs. “In fact, the summum bonum of this ethic, the earning of more and more money combined with the strict avoidance of all spontaneous enjoyment of life, is above all completely devoid of any eudaemonistic, not to say hedonistic, admixture. It is thought of so purely as an end in itself, that from the point of view of the happiness of, or utility to, the single individual, it appears entirely transcendental and absolutely irrational.” (pg 233) It is also in this passage that we see that Weber’s definition of capitalism is different than those that we have studied in the past. For example, Marx defined capitalism as a mode of production where capital is acquired through exploiting the working class. Yet Weber says that capitalism requires a more rational moneymaking