Reading questions on Max Weber - the Protestant Ethic and the Spirit of Capitalism In saying that money begets money, and its offspring can beget more, Benjamin Franklin is talking about the wonders of compound interest. If a sum of money is left alone, it will earn interest; and the interest (its offspring), in turn, will also earn additional interest. Money, according to Franklin, also provides people with the means to making more through various financial and business dealings. That is why he warns that "he who loses five shillings, not only loses that sum, but all the advantage that might be made by turning it in dealing" (Weber 15). According to Weber, there are a number of problems that face an employer who wishes to increase labour...The end:
.....understood historically across other languages or among Catholic peoples, but it does exist among Protestant peoples. As translated by Luther as the German word, Beruf, it was first used in the Old Testament in Jesus Sirach (11:20-21), shortly thereafter acquiring its present significance. The concept of a calling is thus a product of the Reformation referring to the fulfillment of duty in work as the highest expression of moral activity and purpose. It thus renders the monastic organization of life meaningless. The article that indicates that God's election of certain people to everlasting life is unconditional is The Westminster Confession of 1647. Works Cited Weber, Max. The Protestant Ethic and the Spirit of Capitalism. Publisher, 2008.