[26] Reliquiæ Baxterianæ (see note 2), p. 94. He goes on: “The generality of the Master Workmen [i.e., employers] lived but a little better than their journeymen (from hand to mouth), but only that they laboured not altogether so hard.”
[27] Voltaire, Lettres Philosophiques, no. x, and Montesquieu, Esprit des Lois, xix, 27, and xx, 22. See also the remarks to the same effect in D’Argenson, Considérations sur le Gouvernement de la France, 1765.
[28] Brief Survey of the Growth of Usury in England, 1673.
[29] Marston, Eastward Ho!, act I, sc. i.
[30] Clarendon, History of the Rebellion, bk. i, par. 163.
[31] Petty, Political Arithmetic, 1690, p. 23.
[32] Max Weber, Die protestantische Ethik und der Geist des Kapitalismus, first published in the Archiv für Sozialwissenschaft und Sozialpolitik Statistik, vols. xx, xxi, and since reprinted in vol. i of his Gesammelte Aufsätze zur Religionssoziologie, 1920; Troeltsch, Die Soziallehren der Christlichen Kirchen and Protestantism and Progress, 1912; Schulze-Gaevernitz, Britischer Imperialismus und Englischer Freihandel, 1906; Cunningham, Christianity and Economic Science, 1914, chap. v.
Weber’s essay gave rise to much discussion in Germany. Its main thesis—that Calvinism, and in particular English Puritanism, from which nearly all his illustrations are drawn, played a part of preponderant importance in creating moral and political conditions favorable to the growth of capitalist enterprise—appears to be accepted by Troeltsch, Die Soziallehren der Christlichen Kirchen, pp. 704 seqq. It is submitted to a critical analysis by Brentano (Die Anfänge des modernen Kapitalismus, 1916, pp. 117-57), who dissents from many of Weber’s conclusions. Weber’s essay is certainly one of the most fruitful examinations of the relations between religion and social theory which has appeared, and I desire to acknowledge my indebtedness to it, in particular with reference to its discussion of the economic application given by some Puritan writers to the idea expressed by the word “calling.” At the same time, there are several points on which Weber’s arguments appear to me to be one-sided and overstrained, and on which Brentano’s criticisms of it seem to me to be sound.
Thus (i), as was perhaps inevitable in an essay dealing with economic and social thought, as distinct from changes in economic and social organization, Weber seems to me to explain by reference to moral and intellectual influences developments which have their principal explanation in another region altogether. There was plenty of the “capitalist spirit” in fifteenth-century Venice and Florence, or in south Germany and Flanders, for the simple reason that these areas were the greatest commercial and financial centers of the age, though all were, at least nominally, Catholic. The development of capitalism in Holland and England in the sixteenth and seventeenth centuries was due, not to the fact that they were Protestant powers, but to large economic movements, in particular the Discoveries and the results which flowed from them. Of course material and psychological changes went together, and of course the second reacted on the first. But it seems a little artificial to talk as though capitalist enterprise could not appear till religious changes had produced a capitalist spirit. It would be equally true, and equally one-sided, to say that the religious changes were purely the result of economic movements.
(ii) Weber ignores, or at least touches too lightly on, intellectual movements, which were favorable to the growth of business enterprise and to an individualist attitude towards economic relations, but which had little to do with religion. The political thought of the Renaissance was one; as Brentano points out, Machiavelli was at least as powerful a solvent of traditional ethical restraints as Calvin. The speculations of business men and economists on money, prices and the foreign exchanges were a second. Both contributed to the temper of single-minded concentration on pecuniary gain, which Weber understands by the capitalist spirit.