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Entrepreneurs And Capitalism Since Luther Rediscovering The Moral Economy Ivan Light

Name: Entrepreneurs And Capitalism Since Luther Rediscovering The Moral Economy Ivan Light
SKU: BELL-37620806
Price: 31.00 USD
Availability: InStock
Rating: 4.25 (8 reviews)

SKU: BELL-37620806

$ 31.00 ~~$ 45.00~~ (-31%)

4.3

8 reviews

Entrepreneurs And Capitalism Since Luther Rediscovering The Moral Economy Ivan Light instant download after payment.

Publisher: Lexington Books

File Extension: PDF

File size: 2.95 MB

Pages: 180

Author: Ivan Light, Leo-Paul Dana

ISBN: 9781793621290, 1793621292

Language: English

Year: 2020

Product desciption

Entrepreneurs And Capitalism Since Luther Rediscovering The Moral Economy Ivan Light by Ivan Light, Leo-paul Dana 9781793621290, 1793621292 instant download after payment.

InEntrepreneurs and Capitalism since Luther: Rediscovering the Moral Economy, Ivan Light and Léo-Paul Dana study the history of business, capitalism, and entrepreneurship to examine the values of social and cultural capital. Six chapters evaluate case studies that illustrate contrasting relationships between social networks, vocational culture, and entrepreneurship. Light and Dana argue that, in capitalism’s early stages, cultural capital is scarcer than social capital and therefore more crucial for business owners. Conversely, when capitalism is well established, social capital is scarcer than cultural capital and becomes more crucial. Light and Dana then trace moral legitimations of capitalism from the Reformation to the Enlightenment, the Gilded Age, and finally to Joseph Schumpeter whose concept of “creative destruction” freed elite entrepreneurs from moral restraints that encumber small business owners. After examining the availability of social and cultural capital in the contemporary United States, Light and Dana show that business owners’ social capital enforces conventional morality in markets, facilitating commerce and legitimating small businesses the old-fashioned way. As their networks become more isolated, elite entrepreneurs must claim and ultimately deliver successful results to earn public toleration of immoral or predatory conduct.