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Weber and Veblen on the Rationalization Process

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  • Cyril Hedoin

Abstract

Max Weber and Thorstein Veblen were two of the major contributors in the field of economics and sociology in the beginning of twentieth century. This paper argues that the works of both authors underline a "rationalization process" that occured in Western societies. We compare the respective analyses of Weber and Veblen on this subject. Despite a formal similarity, the analysis manifests some major divergences concerning the nature and the significance of the rationalization process. We suggest that the major divergences originate in the philosophical and epistemological foundations of the work of each author.

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  • Cyril Hedoin, 2009. "Weber and Veblen on the Rationalization Process," Journal of Economic Issues, Taylor & Francis Journals, vol. 43(1), pages 167-188.
    • Handle: RePEc:mes:jeciss:v:43:y:2009:i:1:p:167-188
    DOI: 10.2753/JEI0021-3624430108
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    Cited by:

    1. Marek Loužek, 2015. "150 let od narození Maxe Webera [150 years since the birth of Max Weber]," Politická ekonomie, Prague University of Economics and Business, vol. 2015(2), pages 258-274.

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