Summary Of The Protestant Ethic And Spirit Of Capitalism

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Brayan Munante Spring 2017
Sociology101 TERM PAPER
Prof. Delia
“The Protestant Ethic and Spirit of Capitalism” Max Weber believed that Protestant Christianity was the cause of modern capitalism. In his book, “The Protestant Ethic and Spirit of Capitalism,” Weber was concerned with how Protestant thought underpinned the development of capitalism arguing that the spirit of capitalism lay behind the unplanned growth of capitalism in the 19th century. Max Weber defines this spirit as the belief of pursuing ever increasing profit from economic activities. Moreover, Weber believed that this spirit does not tolerate greed; but rather it encourages hard work. Weber had confidence that this spirit develop directly from ascetic Protestantism. …show more content…

For instance, Dickson and McLachlan concluded, “It seems clear to us that Weber misinterprets Franklin and that the latter was not imbued with the ethos which Weber attributes to him. It is not in dispute that a methodological lifestyle is conducive to the accumulation of wealth” (Pierotti). However, they reassume that although the misunderstanding could cause a break down in Weber’s theory, it did not invalidate his methodology. On the other hand, most of the other criticisms of Weber rest on his assertion that modern capitalism could not have flourished in Europe without an ethic or spirit which had its roots in ascetic Protestantism. These criticisms themselves fall into the characteristics that capitalism was a growing force before the Reformation and that it would have thrived as well under Catholicism as under Protestantism and that the driving force behind capitalism was not asceticism but …show more content…

However, there is no doubt that capitalism in various forms existed in Europe prior to the Reformation. I think it is obvious that several factors were at work in Europe during the long sixteenth century, which led to the growth and dominance of capitalism. All of this taken into consideration, Weber's thesis still stands. His thesis is not perfect; it has all the flaws pointed out by the above critics. However, none of the critics I have read managed to destroy the basic premise by which Weber sought to explain the growth of capitalism. Something happened in the long sixteenth century which saw an explosion of capitalist economic activity, free thought, and religious rebellion. Whether the relationship among these is causal or coincidental will be grounds for conjecture for years to come. History shows us that in fact those nations which were predominantly Protestant showed economic growth much greater than those which were predominantly Catholic. Jacob Viner's argument, the repressive nature of Scottish Calvinism, does not damage Weber. He acknowledged that once a religion becomes a creature of the state, it then tends to oppress people rather than free

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