Essay on capitalism in india

During the Industrial Revolution , industrialists replaced merchants as a dominant factor in the capitalist system and affected the decline of the traditional handicraft skills of artisans , guilds, and journeymen . Also during this period, the surplus generated by the rise of commercial agriculture encouraged increased mechanization of agriculture. Industrial capitalism marked the development of the factory system of manufacturing, characterized by a complex division of labor between and within work process and the routine of work tasks; and finally established the global domination of the capitalist mode of production. [42]

In the final endnotes Weber states that he abandoned research into Protestantism because his colleague Ernst Troeltsch , a professional theologian , had begun work on The Social Teachings of the Christian Churches and Sects . Another reason for Weber's decision was that Troeltsch's work already achieved what he desired in that area, which is laying groundwork for comparative analysis of religion and society. Weber moved beyond Protestantism with his research but would continue research into sociology of religion within his later works (the study of Judaism and the religions of China and India ). [6] :49

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Essay on capitalism in india

essay on capitalism in india

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