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Discover the essence of Max Weber's Rationalization Theory, exploring how modern societies evolved. Dive into the nuances between procedural and substantive rationality, and unravel the paradox of the Iron Cage - a dilemma at the heart of modern society. From the roots of rationality to its societal implications, this crash course offers a comprehensive view of Weber's groundbreaking insights.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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