The Protestant ethic was a boon to capitalism,but the religious basis of the Protestant ethic was eroded by rising wealth and the encouragement of mass consumption.

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The Protestant ethic was a boon to capitalism. The quest for economic independence fueled commercial growth, which fueled industrial growth, which created our modern consumer society. Along the way, however, the religious basis of the Protestant ethic was eroded by rising wealth and the encouragement of mass consumption.

The Protestant Ethic Was a Boon to Capitalism,but the Religious