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Weber’s spirit of capitalism and the Bahamas’ Junkanoo ethic

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  • V. Storr

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Abstract

The Protestant ethic which, according to Weber, contributed to economic development in the West is only one of a variety of work ethics that can be identified and studied. In the Bahamas, for instance, a definite Junkanoo ethic colors economic life. Junkanoo is a semiannual carnival-like festival that is the quintessential Bahamian cultural experience. This paper argues that Weber’s Protestant Ethic can serve as a model for telling culturally aware economic narratives and uses Weber’s approach to discuss the role that the Junkanoo ethic has played in the economic success of the Bahamas (the richest country in the West Indies). Copyright Springer Science + Business Media, LLC 2006

Suggested Citation

  • V. Storr, 2006. "Weber’s spirit of capitalism and the Bahamas’ Junkanoo ethic," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 19(4), pages 289-309, December.
  • Handle: RePEc:kap:revaec:v:19:y:2006:i:4:p:289-309
    DOI: 10.1007/s11138-006-9250-2
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    References listed on IDEAS

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    1. Lavoie, Don, 1987. "The accounting of interpretations and the interpretation of accounts: The communicative function of "the language of business"," Accounting, Organizations and Society, Elsevier, vol. 12(6), pages 579-604, October.
    2. Virgil Henry Storr, 2015. "Weber’s spirit of capitalism and the Bahamas’ Junkanoo ethic," Chapters,in: Culture and Economic Action, chapter 11, pages 243-266 Edward Elgar Publishing.
    3. Storr Virgil Henry, 2002. "All We've learnt: Colonial Teachings and Caribean Underdevelopment," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 12(4), pages 1-29, December.
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    Cited by:

    1. McCloskey, Deirdre Nansen, 2009. "Creative Language, Creative Destruction, Creative Politics," MPRA Paper 22925, University Library of Munich, Germany.
    2. Solomon Stein & Virgil Storr, 2013. "The difficulty of applying the economics of time and ignorance," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(1), pages 27-37, March.
    3. Virgil Henry Storr, 2015. "Weber’s spirit of capitalism and the Bahamas’ Junkanoo ethic," Chapters,in: Culture and Economic Action, chapter 11, pages 243-266 Edward Elgar Publishing.
    4. Adela McMurray & Don Scott, 2013. "Work Values Ethic, GNP Per Capita and Country of Birth Relationships," Journal of Business Ethics, Springer, vol. 116(3), pages 655-666, September.
    5. James C. Ryan & Syed A. A. Tipu, 2016. "An Empirical Alternative to Sidani and Thornberry’s (2009) ‘Current Arab Work Ethic’: Examining the Multidimensional Work Ethic Profile in an Arab Context," Journal of Business Ethics, Springer, vol. 135(1), pages 177-198, April.
    6. Leonid Krasnozhon, 2013. "Institutional stickiness of democracy in post-communist states: Can prevailing culture explain it?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(2), pages 221-237, June.
    7. Emily Chamlee-Wright, 2014. "Capitalist spirits and connection to place," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(4), pages 473-481, December.

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