Factors, capitalist spirit, Max Weber, Werner Sombart, capitalism
The word "capitalism" appeared in the late nineteenth century, with the German Socialists. Later, this word was used by economists, historians and sociologists, as W. Sombart who in 1902 published his book Der modern Kapitalismus or Max Weber published in 1904 protestantische Die Ethik und der Geist des Kapitalismus. Max Weber and Werner Sombart were thus among the first to use the term capitalism and to undertake work on this concept. However, they do not share the same opinions as to the origins of capitalism and the factors that have played in its development.
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