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Strikes, rebellions, negotiations and resistance characterised the application of capitalist work disciplines.
The northern Protestant capitalist work ethic now seems epitomised by prosperous Germany, while the southern countries are in trouble.
Leaving theology aside for a moment (cracked that one, lads), it's the religious co-opting of the capitalist work ethic that gives me pause.
And at one point he is heard praising the capitalist work ethic of the enemy: "Frankly speaking, the reason is that in the South, they work hard because they need to make money and feed themselves.
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He arrived here about a decade ago as a midlevel venture capitalist, working on technology start-ups with the Convex Group, based in Atlanta.
On a sofa, a New Yorker with the music licensing agency Ascap received a shoulder massage from a self-described "bohemian capitalist" working in health care technology.
The ones from 2005 to the present were mostly some other professor or some venture capitalist working with me on a new idea, and then we hire businesspeople and scientists to do it.
Leaving a comfortable job as a venture capitalist working for early Facebook investor and billionaire Peter Thiel, he now leads the Hyperledger Project, a nonprofit in San Francisco created to support open-source development of blockchains, a type of database that underpins the digital currency Bitcoin by verifying and recording transactions.
At 18, Deming is already a venture capitalist, working closely with biotech legend Corey Goodman.
And more billion-dollar bets than nearly any other venture capitalist working today.
Using these industry shocks as instrument for the probability that a venture capitalist working in China is foreign-educated, I examine whether the resulting estimates of the productivity gap differ markedly from my previous estimates.
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