Why did Max Weber emphasize personal responsibility in capitalism?

Max Weber emphasized personal responsibility in capitalism primarily because it aligned with the principles of Protestantism, particularly the doctrine of individual accountability that is inherent in Protestant ethics. His analysis, especially in "The Protestant Ethic and the Spirit of Capitalism," highlighted how the Protestant faith, particularly Calvinism, fostered a work ethic that cultivated a sense of personal responsibility among individuals. This belief in personal accountability led to a disciplined approach to work and economic activity, which in turn contributed to the development of modern capitalism.

This connection is significant because it explains how religious values can influence economic behaviors and societal structures, shaping how individuals engage with their work and economic responsibilities. Weber argued that these values were foundational to the capitalist spirit, promoting hard work and frugality, which were seen as virtues by Protestant followers.

Understanding this interplay between personal responsibility, religious ideology, and capitalism is crucial in the study of MIS, as it provides insight into how cultural and ethical perspectives can affect organizational behavior and economic systems.