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The Protestant Ethic and the Spirit of Capitalism

extra-European commerce, to the reaction of expanding markets on industrial organisation, to the growth of population, to technological improvements made possible by the progress of natural science, Weber's reply, which is developed at greater length in his General Economic History than in the present essay, is that such explanations confuse causes and occasions. Granted that the economic conditions of the sixteenth and seventeenth centuries were, in some respects, though by no means in all, unusually favourable to an advance in economic technique, such conditions had existed from time to time in the past without giving birth to the development of capitalist industry. In many of the regions affected by them no such development took place, nor were those which enjoyed the highest economic civilization necessarily those in which the new order found its most congenial environment. The France of Louis XIV commanded resources which, judged by the standards of the age, were immense, but they were largely dissipated in luxury and war. The America of the eighteenth century was economically primitive, but it is in the maxims of Franklin that the spirit of bourgeois capitalism, which, rather than the grandiose schemes of mercantilist statesmen, was to dominate the future, finds, Weber argues, its naïvest and most lucid expression.

To appeal, as an explanation, to the acquisitive instincts, is even less pertinent, for there is little reason to suppose that they have been more powerful during the last few centuries than in earlier ages. "The notion that our rationalistic and capitalistic age is characterised by a stronger economic interest than other periods is

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