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The Protestant Ethic and Capitalism

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  • Mihai Stoicescu

    (Aurel Vlaicu University, Arad, Romania)

Abstract

The Reformation arose from society's reaction to the luxury, immorality and indifference of the clergy of the Catholic Church and returning to the original purity of New Testament Christianity. The Protestant culture supports the principle of equality and individualism. These were the basis for the development of capitalism. Various studies conclude that there is a strong link between Protestantism’s behavioral patterns, concepts of secular ethics and religious doctrines of Protestantism.

Suggested Citation

  • Mihai Stoicescu, 2021. "The Protestant Ethic and Capitalism," RAIS Conference Proceedings 2021 0031, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:lpaper:0031
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    References listed on IDEAS

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    1. repec:bla:kyklos:v:33:y:1980:i:4:p:623-57 is not listed on IDEAS
    2. Gerhard W. Ditz, 1980. "The Protestant Ethic And The Market Economy," Kyklos, Wiley Blackwell, vol. 33(4), pages 623-657, November.
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    Keywords

    ethic; morality; values; protestantism; capitalism; Max Weber;
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