Beliefs:
-Predestination: God has predetermined which souls would be saved. 'the elect'. individuals could do nothing to change this.
-Divine transcendence: god was so far above and beyond this work that no human could possibly claim to know his will. This led the Calvinists to feel an 'unprecedented inner loneliness'. This combined with predestination creates what Weber calls a salvation panic.
-Asceticism: this refers to abstinence, self-discipline and self- denial.
-The idea of a vocation or calling: the only thing calvinists knew of god's plan for humanity came from the bible, which revealed to them that we were put on the earth to glorify gods name by our work. The idea of a calling or action meant constant, methodical work in an occupation not in a monastery.
CONSEQUENCES:
-wealth and success led to them coping with their salvation panic. As they became richer, they saw it as a sign of god's favour.
-Driven by work ethic they accumulated wealth. They did not spend this on luxuries but instead reinvested it into their business, again and again (spirit of capitalism). In weber view this is the spirit of modern capitalism. Therefore, they were ONE of the reasons to bring about capitalism.
EVALUATION:
-Kautsky a marxist argues that weber overestimates the roles of ideas and underestimates economic factors in bringing about capitalism. He argues that capitalism came before calvanism
-Tawney argues that tech change caused capitalism not religious ideas. It was only after capitalism was established that the bourgeoisie adopted Calvinist ideas for economic gain.
-Capitalism didn't develop in every country where there was calvinism. e.g. Scotland has a large group but were one of the last to become capitalist. However, Marshall argues that this was because of a lack of investment in capital and skilled labour (supporting Weber that both material and cultural factors need to be present).