Thrift and savings as moral virtues from "summary" of The Protestant Ethic and the Spirit of Capitalism by Max Weber
Thrift and savings, as moral virtues, play a central role in the Protestant Ethic. The idea that one should work hard, save money, and avoid wasteful spending is deeply ingrained in Protestant thought. This is not merely a practical or economic concern, but rather a moral imperative. For Protestants, thrift and savings are seen as expressions of discipline, self-control, and responsibility. By saving money, individuals demonstrate their commitment to hard work and their ability to resist temptation. The emphasis on thrift and savings is closely tied to the Protestant belief in predestination. Protestants believe that God has already determined who will be saved and who will be damned. This belief creates a sense of anxiety and unc...
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