Re: [Pen-l] Max Weber, economist

[Jim Devine <jdevine03@xxxxxxxxx>]

Carl Dassbach wrote:
> I should probably also explain what Weber means by rationalization because
> it is not what Anglo-Americans generally understand it to be.
> Rationalization for Weber is the result of rational action and rational
> action is action, which before commencing, considers ends, means and
> unintended consequences and proceeds based on these considerations.

In economics, there's a similar definition of "rationality": ends and
means are seen as totally separate from each other (rather than being
parts of a process taking place in historical time).  Ends are assumed
to be fixed and means are assumed to be subordinated to ends. In the
standard textbook version, consequences are unimportant unless they
directly affect the individual making the decision. But other
conceptions bring in "altruism" and the like.
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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