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Economic System Of Calvinist Theocracy

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Chapter Summary

The economic system of Calvinist evangelical theocracy is by assumption and/or in reality a theocratic economy, including both its pre-capitalist and capitalist forms. This chapter focuses on the economic system or type of capitalism of Calvinist theocracy rather than Calvinism in general, though, given that the latter is inherently theocratic, no substantive difference is found in this respect. Overall, the previous literature hardly ever asks "what kind of capitalism" in its affinity or connection with Calvinism as a redundant question with a self-evident answer. In fact, Weber implies that as Biblical theocracy is Divinely ordained in Calvinism, so is consequently a theocratic economy or capitalism as its economic logic and system. Th is is logical or expected given Weber's "Divinely ordained" Calvinist theocracy, of which a theocratic and so master-servant economy, specifi cally authoritarian and anti-egalitarian capitalism, is an intrinsic logic and system.

Keywords: Biblical theocracy; Calvinist; Economic System; Weber

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