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By George O'Brien,Dr. Edward McPhail

This paintings bargains a distinct standpoint at the upward thrust of capitalism and socialism and the influence of the Reformation. particular issues comprise outcomes of trust within the inner most judgment of scriptures; separation of non secular and secular lifestyles; distinction among Lutheran and Calvinist teachings on economics; the Calvinist notion of vocation; its conception of fabric good fortune as an indication of divine election; its compliment of frugality and disdain for good looks. additionally coated is socialism as a response to excesses of capitalism; the style during which Protestantism had reinforced secular authority; diminuation of charity towards the terrible following Reformation; materialism underlying socialism abetted through Protestant emphasis on earthly prosperity; egalitarian principles traceable to Protestantism; and the convenience with which socialism combined into Protestant concept. this can be a certain paintings of monetary philosophy in that it examines the ideological motives of the commercial alterations of the interval, therefore providing a clean philosophical viewpoint instead of simply the mathematical or statistical aspects of the question.

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An Essay on the Economic Effects of the Reformation by George O'Brien,Dr. Edward McPhail

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