Question

Max Weber argued that the ascetic principles embedded in _____ do not encourage entrepreneurial activity in pursuit of wealth creation because it is perceived that such activities make the attainment of nirvana more difficult.
A. Islam
B. Hinduism
C. Confucianism
D. Protestantism
E. Capitalism

Answer 1

Answer:

B. Hinduism

Explanation:

Max Weber is known for his concept of bureaucracy as an organization structure.

Weber observed, the principles of Hinduism preach selflessness and greater self denial as means to attain enlightenment or nirvana. By abiding to such principles, entrepreneurial activities cannot be a possibility.

The simple reason being, entrepreneurial activities are focused at wealth creation and profit making. And ideally, one's profit is offset by another's loss. So when one earns a profit, it always comes at the cost of someone's loss.

So such activities as per Hinduism cannot lead to attainment of nirvana and thus would be discouraged.