Wednesday, February 25, 2015

The Protestant Ethic and the Spirit of Capitalism

The Protestant Ethic and the Spirit of Capitalism - Max Weber

Source: http://en.wikipedia.org/wiki/Max_Weber 

Christian religious devotion had historically been accompanied by rejection of mundane affairs, including economic pursuit.[78] Weber showed that certain types of Protestantism – notably Calvinism – were supportive of rational pursuit of economic gain and worldly activities dedicated to it, seeing them as endowed with moral and spiritual significance.[65] Weber argued that there were many reasons to look for the origins of modern capitalism in the religious ideas of the Reformation.[79] In particular, the Protestant ethic (or more specifically, Calvinist ethic) motivated the believers to work hard, be successful in business and reinvest their profits in further development rather than frivolous pleasures.[76] The notion of calling meant that each individual had to take action as an indication of their salvation; just being a member of the Church was not enough.[66] Predestination also reduced agonising over economic inequality and further, it meant that a material wealth could be taken as a sign of salvation in the afterlife.[76][80] The believers thus justified pursuit of profit with religion, as instead of being fuelled by morally suspect greed or ambition, their actions were motivated by a highly moral and respected philosophy.[76] This Weber called the "spirit of capitalism": it was the Protestant religious ideology that was behind – and inevitably led to – the capitalist economic system.[76] This theory is often viewed as a reversal of Marx's thesis that the economic "base" of society determines all other aspects of it.[65]

The Religion of India: The Sociology of Hinduism and Buddhism

The Religion of India: The Sociology of Hinduism and Buddhism was Weber's third major work on the sociology of religion. In this work he deals with the structure of Indian society, with the orthodox doctrines of Hinduism and the heterodox doctrines of Buddhism, with modifications brought by the influence of popular religiosity and finally with the impact of religious beliefs on the secular ethic of Indian society.[86] Like Confucianism in China, for Weber, Hinduism in India was a barrier for capitalism.[80] The Indian caste system made it very difficult for individuals to advance in the society beyond their caste.[80] Activity, including economic activity, was seen as unimportant in the context of the advancement of the soul.[80]

 

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