Max Weber's the Protestant Ethic and the Spirit of Capitalism is a study of the relationship between the ethics of ascetic Protestantism and the emergence of the spirit of modern capitalism. An ascetic Protestant is one who practices self-denial and self-discipline. Weber argues that the religious ideas of groups such as the Calvinists played a role in creating the capitalistic spirit. Calvinism focused on predestination and God's infinite power, a hierarchical system that transcended religion and moved into economic and social activities.
This is true not only in cases where the difference in religion coincides with one of nationality, and thus of cultural development . . . . The same thing is shown in the figures of religious affiliation almost wherever capitalism, at the time of its great expansion, has had a free hand to alter the social distribution of the population in accordance with its needs, and to determine its occupational structure. The more freedom it has had, the more clearly is the effect shown. It is true that the greater relative participation of Protestants in the ownership of capital, in management, and the upper ranks of labour in great modern industrial and commercial enterprises, may in part be explained in terms of historical circumstances which extend far back into the past, and in which religious affiliation is not a cause of the economic conditions, but to a certain extent appears to be a result of them (Weber, PE, I).
For Weber, though it is interesting to note that he turns to a rather modern "liberal," Benjamin Franklin, to establish the basis of a true definition of capitalism. To demonstrate the meaning of the spirit of capitalism, Weber includes a long writing from Benjamin Franklin. He says that Franklin's attitudes illustrate capitalism's ethos. Franklin writes that time is money, that credit is money, and that money can beget money. He encourages people to pay all of their debts on time, because it encourages the confidence of others. He also encourages people to present themselves as industrious and trustworthy at all times. This is the spirit of modern capitalism. Weber argues that in order for a manner of life so conducive to capitalism to become dominant, it had to originate somewhere, as a way of life common to a large number of people. It is this origin that must be explained. Capitalism cannot then simply be a necessary step in the world's development, because in order for it to emerge, particular values must be present.
Religion, then, can be seen as a hierarchical outline of capitalistic structure. Weber speaks of "the Protestant Ethic" as being a work ethic in which followers of this religion incorporated their religious ideals and values into their own economic lives. The way they ran their business and their attitudes towards gaining wealth and how they would spend it was all derived from the way their religion showed them how to live all aspects of their life. On top of the work ethic there was another quality that Protestants felt to be necessary to be living life the correct way and that was individualism. This individualistic attitude can be understood to create a competitive mindset for those in business. Weber's study has produced thoughts about how we see religion. Weber does not limit religion and its importance strictly to worship, but also how it affected society and the people's roles in acting upon their beliefs. For Weber, religion also has another function -- organizing society into segments more conducive to economic control.
Comparison of the explanation of religion for Marx and Durkheim -- for Marx, religion is an expression of a hierarchy of the ruling classes that tends to focus material realities and economic injustice, thus causing societal problems by perpetuating class structure. However, religion is not the disease, it is the symptom used by the bourgeoisie to make the proletariat feel better about all that they experience in the earthly plane by promising them something more comfortable and fruitful in the spiritual afterlife. This view is the origin of Marx's comment that religion is the "opiate of the masses," in that it both numbs and comforts them, but in a perpetual state of falsehoods and confusion. and, an opiate does not solve the problem, it only masks the symptoms -- one forgets their pain and suffering, but only if one is masking pain while working to solve the cause of that pain. Instead, capitalist extremes push religion, instead, Marx notes: "Let us liberate them from these chimeras, let us revolt against the...
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