Which religion lead to emergence of capitalism?
Which religion lead to emergence of capitalism?
Capitalism represents a society based on privatization, circulation of money, profit accumulation, consumerism, and material culture. Karl Marx described capitalism as system alienating individuals from their human potential by creating a class-based society.
It was Max Weber who revealed the relationship between capitalism and religion. In his infamous work, The Protestant Ethics and Spirit of Capitalism, published in 1905, Weber argued that Christianity, primarily Protestant ethics, facilitated and nurtured capitalism's growth.
Weber observed how Protestant Christians occupied a higher position in the production process, which led him to discover why. Weber observed how the Protestant ethics were modified and transformed under Calvinism, where work was one of the virtues paving the way for salvation. Calvinism played a vital role in supporting capitalism, which is why Weber stated that Protestantism carried the spirit of capitalism.
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