Weber felt that in franklins writing and practical advice weber felt that
franklin what you see in franklin is frugality hardwork etc. yet he holds that
Calvinist ethos. Not just the glorification of making money but doing it in a
way that exemplifies making money in a certain way.
chapter 2: the spirit of capitalism
Benjamin franklin (1706-1790) as exempler of the spirit” scientist,
inventor, statesman, entrepreneur had a strict Calvaist upbringing.
Offer an “ethos”- a moralized notion of character and conduct not just
business savvy or cunning work and earn; avoid hedonic distractions
and waste; diligence and sobriety
Poor Richard’s Almanac (1732-58)I 10,000 copies circulation famous sayings
“Time is money” “There are no gains without pains” “Get what you can and
hold what you get” etc
People turned to Franklin as a role model of how to live and what to do.
comparison with Jacob Fugger (1459- 1525) the great banker-
merchant, who was asked about retirement, answered:” I just want to
make money till I drop dead.”
Renaissance merchants- obtain riches and then lives and then live a
lavish life-style, conspicuous consumption, pleasure and leisure.
- Luther crucially important for the reformation.
- “The saving power of God for everyone that has faith.” Luther
- the church the reformers came to argue was actually a corruption of
Christianity.The changed claimed unrestricted power of forgiving sins.
-Pope Leo X (son of Lorenzo the Magnificent) needed huge sums for the
rebuilding of St. Peters Basillica and other lavish patronage of the arts.
Luther condemns this and the power of the Pope (“If the Pope has
power over Purgatory, he should release those imprisoned now”)
Writes On the Babylonian Captivity of the Church(1520), denounces Pope as
antichrist, insists there are only 3 sacraments- eucharist (return the cup to
the people), Baptism and Penance (requires individual faith alone)
-Luther finds the essence of Christianity in Paul’s Letter to the Romans
“the saving power of God for everyone who has faith”