As Max Wever discussed in The Protestant Ethic and the Spirit of Capitalism, the protestant thought influenced economic matters through Calvinistic Protestantism. Calvinistic Protestantism is a theological belief system that had an immense “influence on the emergence and growth of capitalism as mode of economic organization” (Johnstone 210). Weber’s goal was to illustrate the relationship between religion and economics as well as the “how religion, as embodied in Calvinism, affected the economy, as represented by Calvinism” (Johnstone 210).
Weber discussed the concept of predestination, which is the idea that God is fully knowledgeable of who will enter salvation and who will not. This causes an entirely different dynamic that other religions …show more content…
Calvinists could, however, manifest evidence through their calling and success as a possible indicator that God would work through them. From this, they could infer that they were one of the elect and feel some reassurance. Essentially, what Weber conveyed was the idea that this mindset greatly influenced the workforce by their work ethic, which comes with consistently attempting to please and glorify God. This directly affects economics due to the fact that these individuals often focused all of their time and energy on work and Weber states that if you “live frugally and ascetically, you will likely be economically more successful than those around you” (Johnstone 213). Since these individual’s goal to glorify God, it would not be wise to use their wealth for personal pleasure. Thus, investment is what these individuals turned to. Investment concerns the “investment of capital to produce more goods, which create more profits, which in turn represent more capital for investments, ad infinitum – which is the heart of entrepreneurial capitalism” (Johnstone 213). Weber, , clarifies in his work that his stance pertained to the influence and driving force it had on
Weber discussed the concept of predestination, which is the idea that God is fully knowledgeable of who will enter salvation and who will not. This causes an entirely different dynamic that other religions …show more content…
Calvinists could, however, manifest evidence through their calling and success as a possible indicator that God would work through them. From this, they could infer that they were one of the elect and feel some reassurance. Essentially, what Weber conveyed was the idea that this mindset greatly influenced the workforce by their work ethic, which comes with consistently attempting to please and glorify God. This directly affects economics due to the fact that these individuals often focused all of their time and energy on work and Weber states that if you “live frugally and ascetically, you will likely be economically more successful than those around you” (Johnstone 213). Since these individual’s goal to glorify God, it would not be wise to use their wealth for personal pleasure. Thus, investment is what these individuals turned to. Investment concerns the “investment of capital to produce more goods, which create more profits, which in turn represent more capital for investments, ad infinitum – which is the heart of entrepreneurial capitalism” (Johnstone 213). Weber, , clarifies in his work that his stance pertained to the influence and driving force it had on