
Myth is America #004 – Max Weber and The Protestant Ethic
Revolution and Ideology
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The Moral Ethic of Capitalism
Faber argues that this is when the moral ethic behind capitalism came about. And it has to do with the Calvinists and this tenant of predestination. We morally judge people who do not take part in our economic system, he says. Faber: Even if you're like the most devout socialists out there, you still must participate in the capitalist system just to survive.
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