Weberian capitalism

Weberian capitalism, based on the ideas of sociologist Max Weber, refers to a form of economic development driven by the Protestant work ethic—values like discipline, diligence, and frugality. This mindset fosters a disciplined approach to work and savings, which supports the growth of a rational, organized, and profit-driven economy. Weber argued that these cultural values, especially prominent in Protestant communities, helped create the social conditions necessary for the rise of modern capitalism, emphasizing hard work, efficiency, and systematic enterprise as key drivers of economic progress.