THE IMPORTANCE OF THE CALVINISM IN THE ECONOMIC THOUGHT HISTORY OF EUROPE Cover Image

AVRUPA İKTİSAT DÜŞÜNCESİ TARİHİNDE KALVİNİZMİN ÖNEMİ
THE IMPORTANCE OF THE CALVINISM IN THE ECONOMIC THOUGHT HISTORY OF EUROPE

Author(s): Kürşat Haldun Akalin
Subject(s): Christian Theology and Religion, Economic history, 16th Century, History of Religion
Published by: Bingöl Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Usuriousness; Asceticism; Calvinism; Capitalism;

Summary/Abstract: Jean Calvin (1509-1564) had a more enlightened conception of calling as a necessity of everyday life than Luther, Zwingli and other German or Swiss reformers. Also Calvin commended all kinds of worldly work, justifıed usury not in all cases or in every circumstance but he limited to pay interest the application of his new principle to distinction of the necessities of the poor or the pursuit of gain of the rich. There are the exceptional situation of Calvin amongst the other reformers, because he said interest should be limited for the urgent need of the borrower or he insisted that should not be allowed to the necessities of the poor, and because he maintained that the maximum rate of interest may be allowed by law when the rich or investor borrowed the money so as to get richer and richer. So all calvinists in the first century of their existence had very sympathy with work strictly and embrace to the other methods of getting rich as possible that so familiar with modern capitalist character.

  • Issue Year: 4/2014
  • Issue No: 8
  • Page Range: 1-30
  • Page Count: 30
  • Language: Turkish