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Calvinism’s antipathy to the worship of the flesh, its emphasis on the religious duty to make fruitful use of the God-given resources at each individual’s disposal, and its orderliness and systemization of ways of life were also regarded by Weber as economically significant aspects of the ethic.
What would Tocqueville or Weber think of America today?
In place of thrift, they would find a nation of debtors, staggering beneath loans obtained under false pretenses.
The first Puritans coming to America signed the Mayflower Compact; the compact reflects the principle that the minority is subordinate to the majority.
They practice the autonomy, and everyone has the rights of equality and liberty.
The Protestant Work Ethic accounts for a large part of American success and also permeates Americans' thinking now.
In all, Protestant Work Ethic affects both the historical development of the United States and America today; it plays an important part in the growth of America.
Bailout plans, new regulatory schemes, and monetary policy moves won’t be enough to spur a robust, long-term revival of American economic opportunity without some renewal of what was once understood as the work ethic—not just hard work but also a set of accompanying virtues, whose crucial role in the development and sustaining of free markets too few now recall.
Malanga goes on to explain just how he thinks American free market principles have become detached from the Protestant work ethic that grounded them both philosophically and politically.
Gradually it becomes the groundwork of American democracy.
The Protestant Work Ethic influences the American colonial history a lot.