Is Individual Effort or State Policy Primarily Responsible for Economic Progress? The question as to whether the effort of individual citizens is the key to economic progress, or whether state-level economic policies have a useful role to play, is not entirely black and white. There has always been mutual influence between the individual and the collective, neither of which could in practice survive without the other. Despite this, there has been a lively debate over whether individual or collective makes the greater responsibility in this area. In reaction to Karl Marx and his theory of an inexorable law of social development culminating in Communism, the German sociologist Max Weber (1864-1920) gave the leading role to the in economic...The end:
.....ion, something larger than the individual must step in to enclose a subset of individuals within a level playing field and then adjust their relationship to world economic conditions until it is roughly equitable. Any other approach is naive to the point of economic suicide. References "Classical Liberalism." (????) In ______, "Classical Mercantilism." (????). In ______, 35-36. Hamilton, Alexander. (????) "Report on Manufactures." In _____, 37-47. List, Friedrich. (????). "Political and Cosmopolitical Economy." In _________, 48-54. Weber, Max. n.d. The Protestant Ethic and the Spirit of Capitalism, chapters 1-5. American Studies at the University of Virginia hypertext. <http://xroads.virginia. edu/~HYPER/weber/toc.html>, 2 March 2011.