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‘Blessed are the Poor’ The Weberian Spirit of Capitalism Under Experimental Scrutiny

Author

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  • Andrea Fazio

    (Department of Economics and Social Sciences, Marche Polytechnic University, Ancona, Italy. GLO, Essen, Germany)

  • Tommaso Reggiani

    (Cardiff Business School, Cardiff University, Cardiff, United Kingdom; Masaryk University, MUEEL lab, Brno, Czechia; IZA, Bonn, Germany)

  • Paolo Santori

    (Department of Philosophy, Tilburg University, The Netherlands)

Abstract

This paper empirically tests Max Weber’s thesis on how religious narratives, particularly the Protestant Ethic, influence attitudes toward wealth redistribution. Weber suggested that the Protestant Reformation, led to the belief that economic success was a sign of divine favor, legitimizing wealth inequality. Using a variation of the dictator game with "blessed" framing, we measure how participants’ redistribution behaviors change when primed with this narrative. Our results show that low-income Protestants exposed to the "blessed" narrative are less likely to redistribute wealth compared to Catholics, supporting Weber’s idea that Protestants justify inequality through divine providence. Furthermore, a narrative analysis reveals that Protestants interpret “blessing” as divine election, while Catholics focus more on well-being. These findings suggest that religious narratives significantly shape economic behaviors and preferences for redistribution, providing empirical support for Weber’s thesis.

Suggested Citation

  • Andrea Fazio & Tommaso Reggiani & Paolo Santori, 2024. "‘Blessed are the Poor’ The Weberian Spirit of Capitalism Under Experimental Scrutiny," MUNI ECON Working Papers 2024-06, Masaryk University.
  • Handle: RePEc:mub:wpaper:2024-06
    DOI: 10.5817/WP_MUNI_ECON_2024-06
    Note: License: CC-BY 4.0
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    Keywords

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    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • Z1 - Other Special Topics - - Cultural Economics

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