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«Max Weber’s Protestant Ethic and the Spirit of Capitalism is interesting as an investigation into the early Calvinist worldview, but I don’t think it’s well-supported as an explanation of economic development.»

This. I remember cracking it for the first time after having been marinated in the Weberian discourse for years and being like “This looks like a good book on the history of Calvinist theology but how is this sociology again?”

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It's basically a phenomenological explanation of capitalism: early Protestant worldview leads to systematic labor, saving, and reinvestment, spurring capitalism. Only Weber hedges on it actually being an explanation -- keeps saying the worldview not necessarily a cause but has an "elective affinity" with capitalism. In any case, it's not clear that there was an actual correlation between Protestantism and economic development.

See: Delacroix, Jacques, and Francois Nielsen. "The beloved myth: Protestantism and the rise of industrial capitalism in nineteenth-century Europe." Social Forces 80, no. 2 (2001): 509-553.

I found funny when Richard Hanania said Weber's book "blew his mind."

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