A man does not “by nature” wish to earn more and more moneybut simply to live as he is accustomed to live and to earn as much as is necessary for that purpose. Wherever modern capitalism has begun its work of increasing the productivity of human labour by increasing its intensity, it has encountered the immensely stubborn resistance of this leading trait of pre-capitalistic labour. And to-day it encounters it the more, the more backward (from a capitalistic point of view) the labouring forces are with which it has to deal.
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A man does not “by nature” wish to earn more and more moneybut simply to live as he is accustomed to live and to earn as much as is necessary for that purpose. Wherever modern capitalism has begun its work of increasing the productivity of human labour by increasing its intensity, it has encountered the immensely stubborn resistance of this leading trait of pre-capitalistic labour. And to-day it encounters it the more, the more backward (from a capitalistic point of view) the labouring forces are with which it has to deal.
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A man does not “by nature” wish to earn more and more moneybut simply to live as he is accustomed to live and to earn as much as is necessary for that purpose. Wherever modern capitalism has begun its work of increasing the productivity of human labour by increasing its intensity, it has encountered the immensely stubborn resistance of this leading trait of pre-capitalistic labour. And to-day it encounters it the more, the more backward (from a capitalistic point of view) the labouring forces are with which it has to deal.
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A man does not “by nature” wish to earn more and more moneybut simply to live as he is accustomed to live and to earn as much as is necessary for that purpose. Wherever modern capitalism has begun its work of increasing the productivity of human labour by increasing its intensity, it has encountered the immensely stubborn resistance of this leading trait of pre-capitalistic labour. And to-day it encounters it the more, the more backward (from a capitalistic point of view) the labouring forces are with which it has to deal.
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A man does not “by nature” wish to earn more and more moneybut simply to live as he is accustomed to live and to earn as much as is necessary for that purpose. Wherever modern capitalism has begun its work of increasing the productivity of human labour by increasing its intensity, it has encountered the immensely stubborn resistance of this leading trait of pre-capitalistic labour. And to-day it encounters it the more, the more backward (from a capitalistic point of view) the labouring forces are with which it has to deal.
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How did the rise of capitalism, with its focus on increased productivity and labor, clash with pre-existing societal attitudes, particularly in less developed capitalist economies?
According to sociologist Max Weber, the idea that humans inherently have a strong desire to accumulate wealth is a misconception. In his seminal work, “The Protestant Ethic and the Spirit of Capitalism,” Weber argues that individuals, prior to the rise of modern capitalism, were driven primarily by the need to meet their basic needs and live comfortably. They weren’t naturally inclined to amass ever-growing fortunes.
Weber observed that the expansion of capitalism, with its emphasis on increased productivity and intensified labor, met with resistance from this ingrained pre-capitalistic mindset. He suggests that this resistance was particularly staunch in societies with less developed capitalist economies.
