Max Weber Ideology

Ideology of Max Weber

According to weber, “sociology is a science concerning itself with an interpretive understanding of social action and thereby with a causal explanation of its course and consequences.” Coming to the methodological foundations of Weber, there are 2 kinds of meanings, namely: the actual or existing meaning in a concrete case and the theoretically conceived meaning attributed to a hypothetical actor in a given type of situation. And the line between meaningful action and merely reactive behavior cannot be drawn sharply but can be determined to a certain extent. The human behavior and acts depend on their cultural and religious background and the more diverse they become, the more difficult it is for us to understand

After methodological foundations and social understandings comes the concept of social action which according to Weber is “both failure to act and passive acquiescence, may be oriented to the past, present, or expected future behavior of others.” So, the presence of social action comes into the picture only when ‘others’ are involved. ‘Others’ may involve any individual or a group of individuals that the person comes into contact with. E.g. The economic activity a person is a social action only if it involves the behavior of someone else.
Similarly, not every type of contact of the individuals has a social character a random encounter between a pedestrian and a motorist and in the same way social action is not identical with every action influenced by other persons. Weber divided the types of social action into 4 types:
• “The instrumentally rational behavior which can be explained as the behavior of an individual based on his expectations on the objects of behavior of other human beings in the environment.”

• “Value rational behavior that is determined by a conscious belief of an individual based on his ethics, religion, community and

Generally there are 2 types of monetary money which include coined money and money in the form of notes.
Coined money will be called "free" money or "market" money so far as the monetary metal will be coined by the mint on the Initiative of any possessor without the limit of amount. It will be called "limited" money or "administrative" money if the transformation of metal is subject to the arbitrary decisions of the governing authority and it will be “regulated money” if its issue is limited and the amount of coinage is subject to rules. This way, Weber characterized different types of money by taking into account its features and the functions performed by it. Weber also gives a critical description about the consequences of using money like the discrepancies in the credit system where the borrower is unable to pay the debts because of insolvency and other things like change in currency value and the indirect exchange of goods and services not able to suffice the needs and wants of the consumers