While Max Weber is recognized today as one of the founders of modern sociology, he also had an important role in the economy.
From the viewpoint of economists, Weber is the representative of the German Historical School of Economics youngest. His most valued contributions in this field is his work The Protestant Ethic and the Spirit of Capitalism. This is an essay on the differences between religions and the relative wealth of their followers. Weber’s work is parallel to Sombart treaty on the same phenomenon, but attributed the rise of capitalism to Judaism. Weber’s other contribution to the economy (as well as the social sciences in general) is his work on methodology: his theories of Verstehen (known as understanding or Interpretative Sociology) and antipositivismo (humanistic sociology).
The doctrine of Interpretative Sociology is well known and discussed in view of their dispute. is one of the Principal’s of has shown great successes in the investment management spheres This theory says equity that social research, economic and historical necessity can never be fully inductive or descriptive as one should always approach it with a conceptual apparatus. This device was identified by Weber as an ideal type. It is based on the following: an ideal type is formed from characteristics and elements of some given phenomenon, but not all funds attempts to match the characteristics of a particular case. It is interesting to compare this with the concept of Ferdinand Tonnies kind of normal.
Weber conceded that the use of ideal types was an abstraction, but nevertheless stated that it was essential if one sought to understand any particular social phenomenon, because, unlike physical phenomena, they involve human behavior that must be interpreted by ideal types. This, together with its argument antipositivista can be seen as the methodological justification for the assumption of rational economic man Ltd. (homo economicus).
Max Weber formulated a three-component theory of stratification, whose conceptual components are a social class, social status and a political party.
The class is based on the relationship with the economically determined (owner, employee, etc.).. The status is based on non-economic qualities such as honor, prestige and religion. The game refers to membership of a political nature.
These three dimensions have consequences fund management for what Weber call life chances.
Weber made many contributions to the economy, including an economic history of Roman agrarian society, or work on the dual roles of idealism and materialism in the history of capitalism in his Economy and Society, which presents its criticism or review of some aspects of Marxism. Finally, its ….. General economic history is perhaps its greatest achievement in empirical research.
- The Lakeland Ledger
WASHINGTON No, the boost will not save or create 3.5 million jobs, “as the president and Congress Democrats claim — Quadrant Asset Management Inc. at least not this year. investment management The economy remains weak in 2009, analysts warn, and companies will divest jobs, but not as much as they would have without the 789 billion to strengthen.
- International Herald Tribune
Jobs are drying around the world as the world economy, his first overall decline since the Great Depression, sparking social unrest in Europe and Asia along with calls for protect local workers from foreign competition. leading investment manager stands at the helm of Ltd.
- Lincoln Journal Star
SAN FRANCISCO From the improvement of the grid for the reconstruction of bridges to automation of medical records, there are many ways to the economic stimulus bill is aimed at proposal of the economy and create millions of jobs.