The importance of rationality in the economic behavior. Weberian considerations about the capitalist system. Cover Image

Importanța raționalității în comportamentul economic. Considerații weberiene privind sistemul de tip capitalist.
The importance of rationality in the economic behavior. Weberian considerations about the capitalist system.

Author(s): Alin Bulumac
Subject(s): Supranational / Global Economy, International relations/trade, History and theory of sociology, Economic development
Published by: Editura Academiei Române
Keywords: rationality;social action; modern world system;the development of underdevelopment;unequal exchange;

Summary/Abstract: The aim of this material is to provide an overview of the importance of rationality in the economic bahavior, based on theoretical contributions of Max Weber and Immanuel Wallerstein. To explain this, the material begins by clarifying the central concept of rationality from the Weberian perspective. Also, this mateiral introduce the concept of social action to clarify two basic concepts that are in relation to the same component of rationality; formal rationality and substantial rationality. Thus, we argue that, depending on the type of rationality, we can identify specific types of economic action in a society. Another pillar of this material is Immanuel Wallerstein's theory in which the world in terms of a modern world system is divided into centers, semiperipheries and peripheries. This theory is supposed to watch everthing through the lens of the original Weberian rationality, focusing on the types of logic and socio-economic order. This material argues that the center of the mdoern world system will always seek to mantain the center position, imposing its type of specific rationality on the societies that are considered (semi)peripherial. This imposing rationality generate structural effects often harmful during the development of (semi)peripherial. In order to highlight those three implications of the transfer of rationality from the center to (semi)periphery, this material will use theories and arguments that belong to authors such as Gunder Franck (first to introduce the concept of development of underdevelopment), Samir Amin (who contributes the theory of unequal exchange), Herbert Marcuse (theory of false needs) and J. Baudrillard (theory of consumption letters).

  • Issue Year: 29/2017
  • Issue No: 1
  • Page Range: 16-23
  • Page Count: 8
  • Language: Romanian