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<The Protestant Ethic and the Spirit of Capitalism>


silviawang

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<The Protestant Ethic and the Spirit of Capitalism>

 

what's your comment about this book?

 

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Haven't read it, but I can tell you the idea comes from God's Word and not just 16th century and Protestant reformers, simply because the idea of private ownership originated in God's Word.

 

Many today seem to have their own definitions for that word 'capitalism'. The Oxford dictionary definition is:

 

"An economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state:"

 

Capitalism in essence means a 'free market', free enterprise.

 

In today's world the world money powers have taken over so many markets illegally, controlling politicians to make unjust laws that excludes the majority from competing with the marketeers, no one can rightly call it a true capitalist system anymore. Instead it has become a market system aligned more closely to Socialism by the money powers, which is a market system tied to government and centralized political controls, reducing the practice of a truly free market economy.

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