The enrichment of the few: Capitalism has been defined as the dominant Western economic system since the collapse of feudalism. Capital and property was historically privately owned and prices of goods and services were set by the supply and demand in the market, making the art of competition and hard work essential in a system built on ethical standards …
Read More »
The West has departed from its traditional beliefs in Christian ethics. Western capitalism has followed the same path, abandoning its Protestant ethic. As a result, capitalism is transformed into an amoral, atheist system of ethics that legalizes selfishness, an economic order in which there are no constraints on selfishness, greed and deceit. The cancelling of the Protestant ethic has …
Read More »
In The Protestant Ethic and the Spirit of Capitalism, sociologist Max Weber states that when modern Capitalism took form in Protestant countries such as Switzerland and Germany about two hundred years ago, the ideal was to earn money and increase wealth – not to squander one’s income away on status, luxury and consumerism. The duty of the believer was to use …
Read More »
Five hundred years ago, a previously unknown German monk, Martin Luther, posted a set of statements on the door of a church in Wittenburg, writes The Trumpet. “Historians still debate whether this actually happened, but it is a potent symbol of the start of the Protestant Reformation, which split the Catholic Church and led to numerous, vicious wars. Luther’s …
Read More »
Herland Report: The Protestant and Catholic Church: From Division to Communion: Post Martin Luther, now 500 years down the line, the Church has gone from division to reconciliation, shows a Pew Research Religion report. The Trumpet gives this report on the matter: From the Catholic perspective, Protestants were the rebels who divided the church against Christ’s clear commands for unity. …
Read More »
