On Thu, Jan 23, 2014 at 9:24 PM, Carrol Cox <[email protected]> wrote: > The puritanism Raghu refers to below is perhaps an item that may or may not > be of interest to a person, but why haul Marxism into the discussion. > > Marxism is not a TOE. >
I was referring of course to the Weberian concept of the protestant work ethic as a driving force for capitalism. Maybe I should have used "protestant" instead of "puritan". What is the Marxist take on this phenomenon of long and grueling working hours on Wall St? Is it basically an epi-phenomenon, or does it say something important about the nature of financial hyper-capitalism represented by Wall St? If I had to guess, a Marxist would be likely to say something like long working hours are a way of maintaining class discipline, and maybe also serves as a selection mechanism to identify and recruit the most ruthless and single-minded individuals to wage class warfare on the side of capital. My understanding is that Marxism does not assign a lot of weight to sociological explanations of events and phenomena. In my opinion that is a weakness of that ideology. -raghu.
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