Protestant virtues and deferred gratification: Max Weber and Adam Smith on the spirit of capitalism

2009 ◽  
pp. 111-145
Author(s):  
Jack Barbalet
Author(s):  
Rainer Klump ◽  
Lars Pilz

In 1564, Leonhard Fronsperger, a military expert and citizen of the Free Imperial City of Ulm in Upper Germany, publishes the booklet “On the Praise of Self-Interest” (“Von dem Lob deß Eigen Nutzen”). Using the form of a satirical poem, he demonstrates how the individual pursuit of self-interest can lead to the common good. Writing long before Bernard Mandeville and Adam Smith, Fronsperger presents a thorough analysis of all kinds of self-interested social, political, and economic relations. His praise of self-interest demonstrates how, over the sixteenth century, the interplay of economic success (in particular in major trading cities), a more realistic conception of human behavior, and some aspects of humanism and the Reformation led to a new understanding of the origins of economic dynamics. This becomes the basis for what Max Weber ([1904–05] 2009) would later term “the spirit of capitalism.”


2020 ◽  
Vol 37 (1) ◽  
pp. 190-212
Author(s):  
Margaret Schabas

AbstractDavid Hume wrote prolifically and influentially on economics and was an enthusiast for the modern commercial era of manufacturing and global trade. As a vocal critic of the Church, and possibly a nonbeliever, Hume positioned commerce at the vanguard of secularism. I here argue that Hume broached ideas that gesture toward those offered by Max Weber in his famous Protestant Ethic and the Spirit of Capitalism (1904-5). Hume discerned a strong correlation between economic flourishing and Protestantism, and he pointed to a “spirit of the age” that was built on modern commerce and fueled by religious tolerance. The Roman Catholic Church, by contrast, came under considerable attack by Hume, for fostering intolerance and draining and diverting funds. Hume recognized several of the dispositions that later appealed to Weber: an increased work ethic and tendency to frugality, enterprise, and investment in Protestant regions. A neo-Weberian literature now points to additional factors, the spread of literacy and the fostering of a network of trust among strangers, both of which Hume noted. Insofar as modern commerce both feeds upon and fosters more liberties and representative government, Hume also linked these with the advent and spread of Protestantism. My aim is not to suggest that these arguments have merit—there is good reason to question each and every assertion under the historical microscope—but rather to highlight the broader religious and cultural context in which Hume’s economics was broached.


2018 ◽  
Vol 8 (2) ◽  
pp. 361-380
Author(s):  
Sávia Lorena Barreto Carvalho De Sousa

Este ensaio teórico de base analítica visa entender criticamente aspectos do liberalismo e da intervenção do Estado. Com o objetivo central de resgatar questões trabalhadas por autores modernos da Ciência Política a respeito das formas que uma sociedade pode ser mais justa e combater as desigualdades no mundo, o questionamento principal se desdobra em reflexões sobre como conciliar a liberdade com a atuação dos mercados e a respeito dos limites da democracia neste contexto, discutidos em uma problematização de pensadores como Adam Smith, Alex de Tocqueville, Stuart Mill, Max Weber e Karl Marx em diálogo com teóricos mais contemporâneos, como Friedrich Hayek, John Rawls, Jürgen Habermas e Anthony Giddens. Conclui-se a urgência de um processo de fortalecimento dos Parlamentos, com políticas públicas de inclusão social que permitam uma sociedade mais igualitária e uma educação que abra portas para formar um cidadão crítico, que compreenda as diferenças dentro do campo do respeito ao Outro e às liberdades de escolha. A proposta de contínuo aprimoramento das instituições e juízos através de sistemas de consultas, reformas e revisões jurídicas e políticas, é cada vez mais necessária em um mundo de constantes mudanças.


2020 ◽  
Vol 14 (1) ◽  
pp. 1-22
Author(s):  
Muhammad Akrom Adabi ◽  
Neny Muthi'atul Awwaliyah

AbstractThe Qur’an, which has the status of a Muslim holy book, is experiencing "alienation" because it is considered unable to make practical contributions to various new challenges that arise. Al-Qur’an and Pancasila, which are the two important handles of Indonesian Muslims, are expected to not only keep up with the times. More than that, the al-Qur’an and Pancasila must really be able to fill the void and give an active role through its values, to bring the progress of Indonesia with a distinctive personality in the face of the Industrial 4.0 era. This paper tries to review the strengthening of Muslim Hub as a strategy in dealing with Industry 4.0 through contextualization of the values of the Koran and Pancasila. This study uses Max Weber's theory of Protestant ethics. In a book entitled The Protestant Ethics and Spirit of Capitalism, Weber has done a thorough analysis of the relationship between capitalism and religion. AbstrakAl-Qur’an dan Pancasila harus betul-betul mampu mengisi kekosongan dan memberi peran aktif melalui nilai-nilainya, untuk membawa kemajuan Indonesia dengan kepribadian yang khas dalam menghadapi era Industri 4.0. Tulisan ini mencoba mengulas seputar penguatan muslim hub sebagai strategi dalam menghadapi Industri 4.0 melalui kontekstualisasi nilai al-Qur’an dan Pancasila. Dalam penelitian ini ada dua bukti empiris yang pertama order monastic, dimana orang saleh ternyata juga memiliki prestasi yang gemilang dari sisi material. Kedua sekte protestan yang memiliki prestasi yang gemilang dalam fase awal munculnya kapitalisme modern. Penelitian ini menggunakan teori Max Weber tentang etika Protestan. Dalam buku yang berjudul The Protestan Ethics and Spirit of Capitalism, Weber telah melakukan analisa yang mendalam mengenai relasi kapitalisme dan keagamaan yang menunjukkan betapa agama memiliki pengaruh kuat dalam pembentukan karakter pemeluknya. Jika ditarik ke kajian yang lebih luas, maka ideologi memiliki peran kuat dalam mempengaruhi perilaku pengikutnya, baik ideologi keagamaan maupun ideologi kenegaraan. Kata Kunci: Kontekstualisasi, Al-Qur’an, Pancasila, Industri 4.0.


2005 ◽  
pp. 145-161 ◽  
Author(s):  
Irena Ristic

In his essay ?The Protestant Ethic? Max Weber explains the specific economic development and the foundation of capitalism in Western Europe due to the appearance of protestant sects and the ?spirit of capitalism?. By doing so, Weber assigns religion a significant place among the factors of social and economic development. Taking Weber?s theory and argumentation as a starting point, this article drafts a thesis on ?orthodox ethic? and determines its role in the development of the ?spirit of capitalism? in orthodox countries. For that purpose this article compares political-historical circumstances on the territory of the Western and Eastern Church on one, and pictures the theological-philosophical basis of both Protestantism and Orthodoxy on the other side.


1990 ◽  
Vol 7 ◽  
pp. 79-98
Author(s):  
Hartmut Lehmann

Unlike English and American Puritanism, German Pietism has hardly ever been used as an example in works on religious sociology and general modern history. Max Weber, in his famous study on The Protestant Ethic and the Spirit of Capitalism, first published in 1904–5, pointed out that Pietism in Germany was, with regard to his thesis, in many ways similar to Puritanism in England and America. Yet those following the Weberian tradition and most of those studying religious sociology, or writing general modern history, rarely pay attention to German Pietism. This has meant that, first, most of the research on Pietism has been and is still being done by church historians. Accordingly, in works other than on church history, little can be found on Pietism. Second, until now there has been no thorough analysis or comprehensive description of the impact of Pietism on eighteenth- and nineteenth-century German society, culture, politics, or economics. Third, certain specific Pietist concepts, such as the concepts of ‘community’ and ‘work’, which possess a central position in modern sociology and were influential far beyond the ranks of the Pietists themselves, have not been investigated and thereby introduced into comparative studies.


2002 ◽  
Vol 96 (4) ◽  
pp. 803-804
Author(s):  
Mark N. Hagopian

In this book Liah Greenfeld tackles the problem that preoccupied Max Weber in The Protestant Ethic and the Spirit of Capitalism (1930). Like many others, she disputes Weber's claim that modern capitalism emerged uniquely in Northwest Europe because of the attitudes and behavior promoted by Protestant Christianity, especially in its Calvinist variety: The “worldly asceticism” and peculiar form of economic rationality involved spawned an economic system that eventually helped change the world. Critical of this precise argument, Greenfeld is in the Weberian camp in centering the problem where he did and in stressing the differences between modern capitalism and age-old commercial profit making found virtually in all civilizations. Similarly sound is Weber's methodological posture that sees culture, that is, ideas, ideals, and values dramatically influencing the emergence, growth, and durability of economic systems. Those who, like the whole Marxist tradition, maintain that underlying “structural” factors such as technology and environment are the prime movers of history have succumbed to untenable deterministic philosophies. History and social structures, unlike the works of simple nature, are constructed by human agency, which itself is often provided by outstanding thinkers and doers.


Sign in / Sign up

Export Citation Format

Share Document