å Sunday, September 11th, 2016

Marien Burgos

He that is Known to pay punctually and exactly to the time he promises, may at any time, and on any occasion, raise all the money his friends can spare” by this passage Weber means That the person who builds a good reputation towards money opens doors that may otherwise be close. If the lender can see you are trying and making an effort to pay him his money he will probably feel stimulate to give you a chance to pay his money back, but if he doesn’t see you making an effort to return the money, he will probably think again to lend you money one more time.

The connection between them is that Weber was influenced by Benjamin he understood how capitalism worked before it started being in implemented in America. Weber quoted Benjamin Franklin an consider his believes as rules to live by if you were interested in being successful in life and business. Also he thought that if you lived your life and were greed towards you would see an increasing capital in the end. Weber thought that it was a rule to live by and the person would be seen as a prosperous person.

This life style of earning money is seen as an point in itself, and is only the instrument for buying more things. Even though this attitude towards money is apparently illogical this is the principle of capitalism ,And this is closely related with some religious ideas.

Weber thought that capitalism was more than accumulation of money and wealth. He believed capitalism was thinking more rationally than just making and accumulating wealth using discipline when working hard. Weber consider that in order for people to become strong capitalist, it had to start as a way of life. He consider you had to invest your capital regularly. Weber did not think this develop as a reflection of other economic situations because other places in the country had the “spirit of capitalism” before it stated to take shape all over the country.

In conclusion Weber took Benjamin Franklin’s idea as the core of what capitalism is and how it had to be enforced in order for us to live in a capitalist society. The only difference was that Weber was more rational than Franklin. He thought we had to be rational about money and what we should invest and make money grow. A person who makes a good reputation towards money will be prosperous because this attitude will open doors for the person in the future. But Benjamin Franklin believed in the theory that all knowledge is derived from sense experience. Stimulated by the rise of experimental science.