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The Protestant Ethic and the Spirit of Capitalism

The Protestant Ethic and the Spirit of Capitalism
Max Weber Original title Die protestantische Ethik und der 'Geist' des Kapitalismus (German, 1905)

The Protestant Ethic and the Spirit of Capitalism is a book written by Max Weber, a German sociologist, economist, and politician. Begun as a series of essays, the original German text was composed in 1904 and 1905, and was translated into English for the first time by American sociologist Talcott Parsons in 1930. It is considered a founding text in economic sociology and a milestone contribution to sociological thought in general.

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“This striving becomes understood completely as an end in itself—to such an extent that it appears as fully outside the normal course of affairs and simply irrational, at least when viewed from the perspective of the "happiness" or "utility" of the single individual. Here, people are oriented to acquisition as the purpose of life; acquisition is no longer viewed as a means to the end of satisfying the substantive needs of life. Those people in possession of spontaneous, fun-loving dispositions experience this situation as an absolutely meaningless reversal of a "natural" condition (as we would say today). Yet this reversal constitutes just as surely a guiding principle of [modern] capitalism as incomprehension of this new situation characterizes all who remain untouched by [modern] capitalism's tentacles.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 2 : The "Spirit" of Capitalism

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“specialists without spirit, sensualists without heart; this nullity imagines that it has attained a level of civilization never before achieved.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism

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“For sure, even with the best will, the modern person seems generally unable to imagine how large a significance those components of our consciousness rooted in religious beliefs have actually had upon culture, national character, and the organization of life. Nevertheless, it can not be, of course, the intention here to set a one-sided spiritualistic analysis of the causes of culture and history in place of an equally one-sided “materialistic” analysis. Both are equally possible. Historical truth, however, is served equally little if either of these analyses claims to be the conclusion of an investigation rather than its preparatory stage.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 5 : Asceticism and the Spirit of Capitalism

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“Modern capitalism has as little use for liberum arbitrium [undisciplined] persons as laborers as it has for the businessman fully without scruples in the running of his company.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 2 : The "Spirit" of Capitalism

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“Owing to the incapacity of the higher price-rate to appeal to the "acquisitive sense," it would appear altogether plausible to attempt to do so by utilizing the opposite strategy: by decreasing piece-rates, to force workers to produce more in order to maintain their accustomed earnings. Moreover, two simple observations seem to have held true in the past, as they do today: a lower wage and higher profit are directly related, and all that is paid out in higher wages must imply a corresponding reduction of profits.
Capitalism has been guided by this axiom repeatedly, and even from its beginning, and it has been an article of faith for centuries that lower wages are "productive."”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

In other words, lower wages were believed to enhance worker productivity.
Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 2 : The "Spirit" of Capitalism

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“No one any longer knows who will live in this steel-hard casing and whether entirely new prophets or a mighty rebirth of ancient ideas and ideals will stand at the end of this prodigious development. Or, however, if neither, whether a mechanized ossification, embellished with a sort of rigidly compelled sense of self-importance, will arise. Then, indeed, if ossification appears, the saying might be true for the “last humans” in this long civilizational development:narrow specialists without mind, pleasure-seekers without heart; in its conceit, this nothingness imagines it has climbed to a level of humanity never before attained.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 5 : Asceticism and the Spirit of Capitalism

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“"Rationalism" is a historical concept that contains within itself a world of contradictions.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 2 : The "Spirit" of Capitalism

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“Both as ruling and ruled strata and both as a majority and minority, Protestants… have demonstrated a specific tendency toward economic rationalism. This tendency has not been observed in the same way in the present or the past among Catholics, regardless of whether they were the dominant or dominated stratum or constituted a majority or minority. Therefore the cause of the different behavior must be mainly sought in the enduring inner quality of these religions and not only in their respective historical-political external situations.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 1 : Religious Affiliation and Social Stratification

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“Finally, and of central importance, the special life of the saint—fully separate from the "natural" life of wants and desires—could no longer play itself out in monastic communities set apart from the world. Rather, the devoutly religious must now live saintly lives in the world and amid its mundane affairs. This rationalization of the conduct of life—now in the world yet still oriented to the supernatural—was the effect of ascetic Protestantism’s concept of the calling.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 4 : The Religious Foundations of This-Wordly Asceticism

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“Luther understands monasticism as a product of an egoistic lovelessness that withdraws from one's duties in the world. By contrast, this-worldly work in a vocation appears to him to be a visible expression of brotherly love, a notion he anchors in a highly unrealistic manner indeed and in contrast—almost grotesquely—to the well-known passages of Adam Smith.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 3 : Luther's Conception of the Calling

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“Above all, as will be repeatedly apparent in the sections below, fundamental for our discussion is the investigation of the idea of a testifying to one's belief as the psychological point of origin for methodical ethics.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 4 : The Religious Foundations of This-Wordly Asceticism

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“Both as ruling and ruled strata and both as a majority and minority, Protestants … have demonstrated a specific tendency toward economic rationalism.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

This tendency has not been observed in the same way in the present or the past among Catholics, regardless of whether they were the dominant or dominated stratum or constituted a majority or minority. Therefore the cause of the different behavior must be mainly sought in the enduring inner quality of these religions and not only in their respective historical-political external situations.
Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 1 : Religious Affiliation and Social Stratification

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