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8/14/2019 The Protest Ant Ethic and the Spirit of Capitalism
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The Protestant Ethic and
the Spirit of Capitalism.
By Max Weber
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Who is Max Weber?
v He was a German lawyer,politician,
historian, sociologist, and political
economist.
v Major works dealt with Rationalization,
Bureaucratization, andDisenchantment associated with the
rise of capitalism .
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Where did protestant comefrom?
v Protestant Reformation:
v Started by Martin Luther (1517-
1648)
v Argued that People could be saved
through faith alone.-led toLutheranism
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Calvinism
v Calvinism is another prominent
protestant religion.
v Rooted in the ideas of John Calvin.
v Believes in the doctrine of
predestination- that individualsalvation was preordained by God.
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What is Capitalism?
v Acc to wiki, Capitalism is an economic
and social system in which capital,
the non-labor factors of production isprivately controlled and profits
distributed to owners.
v In other words Capitalism implies the
pursuit of forever renewable wealth.
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What's the link betweenProtestant teachings and
Capitalism?v The concept of Calling to worldlyactivities.
v
People have a duty to fulfil theobligations imposed upon them bytheir position in the world.
v
Idea developed by Luther; states thateach legitimate calling has the sameworth to God.
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Situation beforeReformation
v People did not see their "worldly"
activities (such as their occupations
and businesses) as being in service
to God.
v But the Reformation rejected this
attitude.
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Changes after theReformation
v Reformation stated that participatingin worldly activities is a way of serving God.
v This was part of Gods purpose foreach individual.
v Therefore labor and business becamea way of serving God.
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The four tenets of Calvinism
v God is all powerful and transcendent.
you can never reach or understand
God.v Doctrine of pre-destination: God has
already preselected who will besaved and who shall be
condemened.
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Cotd
v Disworldly Asceticism : Do worldly
things but in a balanced manner.
Accumulated wealth but not to spendluxuriously. In fact re-invest.
v The notion of calling : that all people
have a calling. And to pursue this
calling means doing God will.
v
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The Spirit of Capitalism
v the spirit of Capitalism encourages Economizing with high moralsignificance.
v The individual carries out capitalisticeconomizing not only to earn alivelihood but by carrying out suchactivities, it would affirm his moralworth.
v
v
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