Protestant Ethic and the Spirit of Capitalism

The "Protestant Ethic and the Spirit of Capitalism" is a concept introduced by sociologist Max Weber. It explores how certain Protestant values, particularly those of hard work, frugality, and a focus on individual success, contributed to the development of modern capitalism. Weber argued that these values created an environment where people felt a moral obligation to work diligently and manage resources wisely, leading to economic growth. This connection suggests that cultural beliefs and practices can significantly influence economic systems and behaviors, shaping how societies develop and thrive economically.