Protestant influence on the rise of capitalism from "summary" of The Protestant Ethic and the Spirit of Capitalism by Max Weber
Max Weber explores the relationship between Protestantism and the development of capitalism in his seminal work, 'The Protestant Ethic and the Spirit of Capitalism'. He argues that certain Protestant beliefs and values played a crucial role in the rise of capitalism in Western societies.
According to Weber, Protestantism, particularly Calvinism, had a significant impact on the economic behavior of individuals. Calvinism emphasized the importance of hard work, thrift, and discipline as virtues that pleased God. These values encouraged individuals to strive for success in their worldly pursuits and accumulate wealth as a sign of God's favor.
Weber suggests that the Protestant work ethic, which prioritized diligence and frugality, created a conducive environment for the emergence of capitalism. The relentless pursuit of economic success became intertwined with religious duty, leading indivi...
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