Monthly Archives: August 2015

bureaucratic perpetuity

“After Bismarck had, during the long course of his years in power, brought his ministerial colleagues into unconditional bureaucratic dependence by eliminating all independent statesman, he saw to his surprise that upon his resignation they continued to administer their offices unconcernedly and undismayedly, as if it had not been the ingenious lord and very creator of these tools who had left, but merely some individual figure in the bureaucratic machine which had been exchanged for some other figure.” (Max Weber, Economy and Society, p.989)

the law of marginal utility

“It is the most elemental economic fact that the way in which the disposition over material property is distributed among a plurality of people, meeting competitively in the market for the purpose of exchange, in itself creates specific life chances. The mode of distribution, in accord with the law of marginal utility, excludes the non-wealthy from competing for highly valued goods; it favors the owners and, in fact, gives to them a monopoly to acquire such goods.” (Max Weber. Economy and Society. p.927)

class struggles

“The great shift, which has been going on continuously in the past, and up to our times, may be summarized, although at a cost of some precision: the struggle in which class situations are effective has progressively shifted from consumption credit toward, first, competitive struggles in the commodity market and then toward wage disputes on the labor market.” (Max Weber. Economy and Society. p.930)

imperialist capitalism 

“Rome’s overseas expansion, as far as it was economically determined, shows features that have since recurred in basic outline again and again and which still recur today. These features occurred in Rome in pronounced fashion and in gigantic dimensions, for the first time in history. However fluid the transitions to other types may be, these “Roman” features are peculiar to what we wish to call imperialist capitalism, or rather, they provide the conditions for the existence of this specific type.” (Max Weber. Economy and Society. p.917)