Weber, Schumpeter and Modern Capitalism: Towards a General Theory, 1st Edition (Paperback) book cover

Weber, Schumpeter and Modern Capitalism

Towards a General Theory, 1st Edition

By John Love


250 pages

Purchasing Options:$ = USD
Paperback: 9780367208004
pub: 2019-01-17
SAVE ~$9.99
Hardback: 9781138242388
pub: 2017-07-27
SAVE ~$31.00
eBook (VitalSource) : 9781315278414
pub: 2017-07-20
from $24.98

FREE Standard Shipping!


This book provides the groundwork for a general theory of modern capitalism by reinterpreting Max Weber’s work on the origins and institutional underpinnings of modern capitalism, and Joseph Schumpeter’s thought on the mechanisms and functioning of the capitalist economy. Focusing on the lesser-known works of both figures, particularly in the case of Weber, whose writings on economics and economic history are frequently overlooked, the author contends that a combination of Schumpeter’s and Weber’s theoretical schemas, incorporating their many valuable insights, provides the basis of a unified, overall theory of modern capitalism that is comprehensive, coherent and persuasive.

With attention to the important theoretical connections between Weber and Schumpeter and the respective contributions of both with regard to the nature and workings of capitalism, the author explores the compatibility of the two approaches, arguing that the full significance of the contributions of the two writers has not been adequately appreciated.

A systematic and sympathetic comparison and synthesis of the contributions of two of the central figures in social and economic theory, which highlights the enduring relevance of their work in times of political and economic crisis, Weber, Schumpeter and Modern Capitalism will appeal to scholars across the social sciences with interests in social and economic theory, classical sociology and economic history.

Table of Contents


1. Weber’s Contribution to the Theory of Modern Capitalism: Part One

2. Weber’s Contribution to the Theory of Modern Capitalism: Part Two

3. The Work of Schumpeter: Part One

4. The Work of Schumpeter: Part Two

5. The Synthetic Combination of Weber with Schumpeter

6. Conclusion: Toward a General Theory of Modern Capitalism

About the Author

John Love was formerly the Ashworth Lecturer in Social Theory at the University of Melbourne, Australia and he is the author of Antiquity and Capitalism: Max Weber and the Sociological Foundations of Roman Civilization (Routledge, 2005). He is currently a practising barrister in Melbourne.

About the Series

Routledge Studies in Social and Political Thought

This series explores core issues in political philosophy and social theory. Addressing theoretical subjects of both historical and contemporary relevance, the series has broad appeal across the social sciences. Contributions include new studies of major thinkers, key debates and critical concepts.

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
SOCIAL SCIENCE / Sociology / General