Monday, February 17, 2020

Marx and Weber- rise of capitalism Essay Example | Topics and Well Written Essays - 2500 words

Marx and Weber- rise of capitalism - Essay Example Karl Marx and Max Weber are two eminent sociologists whose theories have been regarded as milestones in the development of two distinct schools of thought in sociology. This paper investigates into the theories presented by these two sociologists on the rise and growth of capitalism in the Western society. The theories presented by both the sociologists are very significant, yet very distinct from each other on several bases. The essay compares the differences in the approaches of Marx and Weber towards the emergence of capitalism and the crucial factors behind its origin and growth. After contrasting both the theories, the essay points out the most preferable theories of the two.Marx’s and Weber’s theories of rise of capitalism gave two distinct directions to the world concerning the emergence and growth of capitalism that dramatically transformed the social and economic aspects of life in the Western world from sixteenth century and onwards. Weber criticized and refus ed the theory of capitalism as proposed by Marx and put forward his study on the egression of capitalism Western society that differs with Marx’s approach on several grounds. Karl Marx was a sociologist who wrote to make people aware of the changes taking place in their social and economic environment due to the growth of capitalistic systemIn his renowned book â€Å"Capital†, he illustrates capitalism as a system of production under which entrepreneur class or few capitalists control the means necessary to bring about production process

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