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In the episode, I outline Max Weber's idea of modern, rational capitalism. What defines it and what makes it rational? References: Carruthers, B. G., & Espeland, W. N. (1991). Accounting for Rationality: Double-Entry Bookkeeping and the Rhetoric of Economic Rationality. American Journal of Sociology, 97(1), 31–69. Hall, P. A., & Soskice, D. (2001). Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. Oxford University Press. Swedberg, Richard (1998). Max Weber and the Idea of Economic Sociology. Princeton University Press. Weber, Max (2019). Economy and Society: A New Translation by Keith Tribe. Harvard University Press. Weber, Max (2002). The Protestant Ethic and the "Spirit" of Capitalism. Translated by Peter Baehr and Gordon C. Wells. Penguin. |