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Religion and the rise of capitalism

Note 142 — Chapter IV · THE PURITAN MOVEMENT (continued 2)

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W. C. Braithwaite, The Second Period of Quakerism, 1919, pp. 560-2. Defoe comments on the strict business standards of the Quakers in Letter xvii (Of Honesty in Dealing) in The Complete English Tradesman. Mr. Ashton (Iron and Steel in the Industrial Revolution, p. 219) remarks, “The eighteenth century Friend no less than the medieval Catholic held firmly to some doctrine of Just Price,” and quotes examples from the conduct of Quaker iron-masters.

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