What is formal rationality?
- the degree to which conduct is organized according to rationally calculable principles
What is substantive rationality?
- the value of ends or results
What is the rationality of capitalism?
- iron cage
In what way can capitalism be seen as rational?
-if we define capitalism through formal rationality
What is the iron cage?
-the iron cage of capitalism is the morally disabling aspects of it
What is rationalization and what does it tell us?
How is capitalism morally enabling?
-formal and impersonal practices increase efficiency in achieving something
How is capitalism morally disabling?
-hinders individuals from leading meaningful and autonomous lives