Spirit of Capitalism

Definition of Spirit of Capitalism

The Canada social science dictionary [1] provides the following meaning of Spirit of Capitalism: According to Max Weber (1864-1920) the spirit of capitalism is rationalization -being methodical and calculating in the pursuit of profit. Weber argues that this drive to organize work to most efficiently achieve the goals of profit or business success had its origins in Protestantism. See: PROTESTANT ETHIC in this legal dictionary and in the world encyclopedia of law.

Spirit of Capitalism: Resources

Notes and References

• Drislane, R., & Parkinson, G. (2016). (Concept of) Spirit of Capitalism. Online dictionary of the social sciences. Open University of Canada