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Topic: History
Number of pages / Number of words: 6 / 1429
Essay's paper body

This concept enabled the Protestant to see in

his ordinary daily work an activity pleasing to God and

therefore be pursued as actively and profitably as possible.

On the other hand, medieval and Roman Catholic

Christianity were held to have condemned the world, with

consequent hostility to economic activity and especially to

that essential capitalist ingredient, the taking of interest on

usury...


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Protestantism were therefore asserted to have been

the necessary precondition of the growth of modern

industrial capitalism. The basic belief of Protestantism

promoted the spirit of the entrepreneur, and for that reason

capitalism is found flourishing in reformed countries, while

the Reformation is found spreading among the commercial

and industrial middle classes...


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