Abstract
A consensus now exists that secularization theory can no longer explain the worldwide persistence and spread of modern religious movements, with the exception of western and central Europe as well as intellectuals in general. This essay examines how these new religious forces have taken root in economic development and how that development has been shaped by those same forces. An assessment is made of Max Weber’s famous thesis in The Protestant Ethic and the Spirit of Capitalism. The article concludes with five major observations about religion and development in the modern world.
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