Tag Archives: greed

Max Weber was wrong: greed does not make capitalism thrive, it ruins it


My friend Greg Forster has written a thought-provoking article on the humane roots and recent corruption of capitalism. I recommend this as well worth reading. Here’s the first bit, to whet your appetite:

Last week John Starke wrote for TGC about “The Myth of the Protestant Work Ethic.” I’m grateful to Starke for exposing the egregious theological errors in Max Weber‘s theory of capitalism’s origins. But Weber’s theory of what happened next, the “cultural contradictions of capitalism” thesis, has done just as much damage. Christians ought to understand how Weber’s view of capitalism undermines the moral foundations of a humane and genuinely productive economy, promoting materialism, greed, faith/work dualism, debt, and crony capitalism. Continue reading