An Essay on the Economic Effects of the Reformation

An Essay on the Economic Effects of the Reformation

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This work offers a unique perspective on the rise of capitalism and socialism and the effect of the Reformation. Specific topics include consequences of belief in the private judgment of scriptures; separation of spiritual and secular life; difference between Lutheran and Calvinist teachings on economics; the Calvinist concept of vocation; its perception of material success as a sign of divine election; its praise of frugality and disdain for beauty. Also covered is socialism as a reaction to excesses of capitalism; the manner in which Protestantism had strengthened secular authority; diminuation of charity toward the poor following Reformation; materialism underlying socialism abetted by Protestant emphasis on earthly prosperity; egalitarian ideas traceable to Protestantism; and the ease with which socialism blended into Protestant thought. This is a unique work of economic philosophy in that it examines the ideological causes of the economic changes of the period, thus offering a refreshing philosophical perspective rather than merely the mathematical or statistical sides of the question.The reason is this: socialism is an energetic protest against the actual order, based on iniquity, and an ardent aspiration towards a better rAcgime, where justice would reign. But this is also the foundation of Judaism in Job, in the Prophets, andanbsp;...


Title:An Essay on the Economic Effects of the Reformation
Author: George O'Brien
Publisher:IHS Press - 2003-04-01
ISBN-13:

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