While in the 16-17th centuries about the two thirds of the Hungarians belonged to the Reformed Church, the presence of the "spirit of capitalism" and the "protestant ethic" is rather questionable. The Calvinists did not played a different or decisive role in the capitalisation process of Hungary at the end of the 19th century. The historical analysis focuses on the puritan doctrines can be foun in the religiosity of Hungarian puritans and Reformed people in the 17th century. The "Hungarian Protestant ethic" differs from Weber's ideal-type in two respects: the Hungarian version is more pietistic, less activist; and it seems to have less practical influence in everyday life because of the weak religiosity. The Hungarian case does not refute Weber's thesis, but it call the attention to two important parts of historical analysis: the reinterpreting, selecting procedure in social context; and the intensity of religiosity.

A diverse set of texts from Foucault, Weber, Derrida and others are examined in this reconceptualization of the way ethnicity functions in capitalist society.

Author's best-known and most controversial study relates the rise of a capitalist economy to the Puritan belief that hard work and good deeds were outward signs of faith and salvation.

Why did modern capitalism not arise in late imperial China? One famous answer comes from Max Weber, whose The Protestant Ethic and the Spirit of Capitalism gave a canonical analysis of religious and cultural factors in early modern European economic development. In The Religions of China, Weber contended that China lacked the crucial religious impetus to capitalist growth that Protestantism gave Europe. The preeminent historian Ying-shih Yü offers a magisterial examination of religious and cultural influences in the development of China’s early modern economy, both complement and counterpoint to Weber’s inquiry. The Religious Ethic and Mercantile Spirit in Early Modern China investigates how evolving forms of Buddhism, Confucianism, and Daoism created and promulgated their own concepts of the work ethic from the late seventh century into the Qing dynasty. The book traces how religious leaders developed the spiritual significance of labor and how merchants adopted this religious work ethic, raising their status in Chinese society. However, Yü argues, China’s early modern mercantile spirit was restricted by the imperial bureaucratic priority on social order. He challenges Marxists who championed China’s “sprouts of capitalism” during the fifteenth through eighteenth centuries as well as other modern scholars who credit Confucianism with producing dramatic economic growth in East Asian countries. Yü rejects the premise that China needed an early capitalist stage of development; moreover, the East Asian capitalism that flourished in the later half of the twentieth century was essentially part of the spread of global capitalism. Now available in English translation, this landmark work has been greatly influential among scholars in East Asia since its publication in Chinese in 1987.

Elizabeth A. Kaye specializes in communications as part of her coaching and consulting practice. She has edited Requirements for Certification since the 2000-01 edition.

Why did Hungary, a country that shared much of the religious and institutional heritage of western Europe, fail to replicate the social and political experiences of the latter in the nineteenth and early twenties centuries? The answer, the author argues, lies not with cultural idiosyncracies or historical accident, but with the internal dynamics of the modern world system that stimulated aspirations not easily realizable within the confines of backward economics in peripheral national states. The author develops his theme by examining a century of Hungarian economic, social, and political history. During the period under consideration, the country witnessed attempts to transplant liberal institutions from the West, the corruption of these institutions into a "neo-corporatist" bureaucratic state, and finally, the rise of diverse Left and Right radical movements as much in protest against this institutional corruption as against the prevailing global division of labor and economic inequality. Pointing to significant analogies between the Hungarian past and the plight of the countries of the Third World today, this work should be of interest not only to the specialist on East European politics, but also to students of development, dependency, and center-periphery relations in the contemporary world.