Religion and the Rise of Capitalism


Aakar Books, New Delhi, 2012

Language: ENGLISH

296 pages

Price INR 350.00

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What is the boundary between us and them? Who is part of the family with whom we deal on the basis of love and trust, and who is not, from whom we require a monetary accounting of our economic relationship? This book follows the changing answer to that question over the 16th and 17th centuries, in Britain and (to a lesser extent) other parts of Europe.

The medieval conception was that all people were brethren in Christ, all part of the family, and everyone was responsible for the well-being of all. The Church, as the guardian of this family, could establish and enforce ethical standards for business life as much as it regulated all other aspects of life. This was the view of the Protestant reformers as well as the Catholic Church.

No doubt sincerely felt in the brotherhood of the early Church, this feeling began to pall with the have-nots in a stratified medieval society, especially as the corruption of the Church became rampant. The tide of individualism was rising, not to be denied. The Protestant reformers certainly did not intend to help this tide along: they regarded it as part of the decadence of the time. The story, and the irony, of religion in the rise of capitalism is that the Protestant churches got captured by the individualists against the wishes of their founders.

Tawney explores this history with wit and wisdom, as illustrated in this quote: "... the poor, it is well known, are of two kinds, 'the industrious poor', who work for their betters, and 'the idle poor', who work for themselves."

This book is a classic in its field and should be in the library of everyone interested in the history of the last few centuries.

R.H. Tawney

Richard Henry Tawney (1880-1962), born in Calcutta, was educated at Rugby School and Balliol College, Oxford, of which he was elected a fellow in 1918. During World War I, he was severely wounded during the Battle of the Somme (1916). After a period of social work in the East End of London, he became tutor, executive (1905-47) and president (1928-44) of the Worker's Educational Association. He was Professor of Economic History at London (1931-49), and wrote studies in English economic history, particularly of the Tudor and Stuart periods, of which the best known are The Acquisitive Society (1926), Equality (1931) and Business and Politics Under James I (1958).