Economics: Protestant Work Ethic Attitudes And Economics

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Protestant Work Ethic Attitudes and Economics
Protestant Work Ethic is based on the theory that one must work to contribute to society, the church, and others, to be a valuable member of society. One must work gain entry into heaven and obtain salvation. He must take responsibility for his own actions. (Goldstein & Eichhorn, 1961) PWE does not value wasted time. Weber’s theory says wasting time and an unwillingness to work is a sin and brings about abstinence from grace. (Furnham, The Protestant Work Ethic and Attitudes Toward Unemployment, 1982) Weber brought to light the idea that work and success financially would make goals of both religion and personal goals attainable. (Kidron, 1978) Wisman and Davis completed a study in 2013 that discussed the decline of PWE in America from 1870-1930. During that era the focus went from pride in your work due to industrialization to working for accumulation of wealth. (Wisman & Davis, 2013) The fable of the grasshopper and the ant is the perfect example of the Protestant Work Ethic for all economic eras. The grasshopper plays all summer and dies because he did not plan or prepare for winter. The ant works hard during the summer, stores up plenty for himself and
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(Hoffman & Wallach, 2007) The Protestant Work Ethic is the cornerstone for self-suffiency. The rewards and benefits of hard work, smart work, belong to the person who put in the effort. There are no studies that were found in this research that showed a negative result or finding with the Protestant Work Ethic. The negative results were found to be related to low PWE scores and attitudes of entitlement. These findings were not attached to one demographic. The results crossed cultural, ethnic, gender and age catagories for both the positives of PWE and negative entitlement views. When given everything, one can become good for

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