Capitalist Spirit Term Analysis

Business leaders and owners of capital, as well as the skilled higher strata of the labor force, and especially the higher technical or commercially trained staff of modern enterprises tend to be predominantly Protestant.

A way of thinking like that of Benjamin Franklin was applauded by an entire nation. But in ancient medieval times it would have been denounced as an expression of the most filthy avarice and of an absolutely contemptible attitude.

The extra money appealed to [the worker] less than the reduction in work; he did not ask: How much can I earn in a day if I do the maximum possible amount of work in a day? But: How much must I work in order to earn the same amount […] that I used to earn and which covers my traditional needs?

The kind of people who are inspired by the “capitalist spirit” today tend to be, if not exactly hostile to the Church, then at least indifferent. The prospect of “holy tedium” of paradise holds few attractions for their active nature; for them, religion is simply something that stops people from working here on earth.

The salvation of souls and this alone is at the heart of [Protestants’] life and work. Their ethical goals and the practical effects of their teaching are all anchored firmly here and are the consequences of purely religious motives. And we shall therefore have to be prepared for the cultural effects of the Reformation to be in large measure […] unforeseen and unwished for.

This doctrine [of predestination], with all the pathos of its inhumanity, had one principal consequence for the mood of a generation which yielded to its magnificent logic: it engendered, for each individual, a feeling of tremendous inner loneliness.

Lutheranism, as a result of its doctrine of grace, simply failed to provide the psychological drive to be systematic in the conduct of life, and thus to enforce the rationalization of life.

What is really reprehensible is resting on one’s possessions, enjoyment of wealth with its consequences of idleness and the lusts of the flesh, and particularly distraction from striving for a “holy” life. And it is only because possessions bring with them the danger of this resting that they are dubious. […] according to god’s unambiguously revealed will, it is only action, not idleness and indulgence, that serves to increase his glory. Wasting time is therefore the most serious of all sins.

Above and beyond this, however, work is the end purpose of life commanded by God. The Pauline principle “He who will not work, shall not eat,” applies absolutely and to everyone. Unwillingness to work is a symptom of the absence of the state of grace.

If we may sum up what has been said so far, then, innerworldly Protestant asceticism works with all it force against the uninhibited enjoyment of possessions; it discourages consumption, especially the consumption of luxuries. Conversely, it has the effect of liberating the acquisition of wealth from the inhibitions of traditionalist ethics; it breaks the fetters on the striving for gain by not only legalizing it, but […] seeing it as directly willed by God.

It might truly be said of the “last men” in this [capitalist] cultural development: “specialists without spirit, hedonists without a heart, these nonentities imagine they have attained a stage of humankind never before reached.”