The relationship between religion and economics has long been a subject of interest and debate among scholars. Max Weber’s work, The Protestant Ethic and the Spirit of Capitalism, explores this connection by examining how religious ideas, particularly those associated with Protestantism, helped shape the economic systems that would come to define the modern capitalist world. Weber argued that the Protestant Reformation, particularly its Calvinist branch, played a crucial role in fostering an environment conducive to capitalism. This connection is not immediately obvious, as religion and economics are often seen as separate spheres of life. However, Weber’s pioneering analysis shows how certain religious ideas influenced the development of economic practices and attitudes.
At the heart of Weber's argument is the idea that Protestant ethics, especially those stemming from Calvinism, encouraged behaviors and attitudes that were highly compatible with the demands of capitalism. Central to this argument is the concept of the “Protestant work ethic,” which emphasizes hard work, discipline, frugality, and the belief that success in business and wealth could be seen as a sign of God's favor. This belief system, Weber contended, was a critical factor in the rise of modern capitalism in Europe. The Protestant emphasis on personal responsibility, individual success, and the idea of a calling (or Beruf) in one’s work led to a shift in attitudes toward labor, encouraging a rational, methodical approach to economic activity.