Does religion play a part in Europe's financial crisis?

Post Reply
User avatar
coffeeFreak
Guru
Posts: 5303
Joined: Oct 22nd, 2009, 6:06 pm

Does religion play a part in Europe's financial crisis?

Post by coffeeFreak »

This is an interesting read.

Protestant v Catholic: which countries are more successful?
Could religion be playing a part in the relative success of Europe's economies? One academic thinks so

Chris Arnot guardian.co.uk,
Monday 31 October 2011 17.00 GMT

If maps were shaded like balance sheets, the bottom part of mainland Europe would be deepest red. Italy, Spain and Portugal are heavily in debt. They are also Catholic countries. Their predominantly Protestant neighbours to the north, including Germany and Scandinavia, are in comparatively good shape financially. Is that simply a coincidence, or is Max Weber's theory about the Protestant ethic being intertwined with the spirit of capitalism still valid, over 100 years on?

Dr Sascha Becker moved to Warwick University from Munich, where Weber finished his career as a sociologist. And his recent research leads him to suggest that religion is a factor in the budgetary discrepancies between the north and south of Europe. "There are plenty of other factors, too, and they're not easy to disentangle," concedes the deputy director of Warwick's Centre for Competitive Advantage in the Global Economy [Cage]. "But even data compiled as recently as 2000 suggests that Protestants generally are educated to a higher level than Catholics. They have a higher probability of going to university and finishing their course."

Cage is one of several centres at British universities supported by the Economic and Social Research Council and setting out to put economic performance in some kind of perspective. Becker believes that historical context can help to explain the difference between comparative success and failure.

Together with Ludger Woessmann, professor of economics at Munich, he started by looking at data from 19th-century Prussia, the society that Weber was born into. The region was split into 450 counties, around two thirds of them predominantly Protestant and the other third Catholic. "Religiosity was more pervasive at that time than it is today," he says, "and it seems that religion was the main driver behind education differences. Protestants were more likely to be encouraged to go to school. And this higher level of education translated into jobs in manufacturing and services rather than agriculture. Accordingly, they earned higher incomes than their Catholic neighbours."

In a paper written in 2009 for the Quarterly Journal of Economics, entitled Was Weber Wrong?, Becker and Woessmann argue that Protestants were more successful because they had the advantage of a better and longer education. Further research has led them to conclude that the educational advantage began soon after Martin Luther broke away from the established Church in the 16th century and has continued to play its part in creating economic success throughout Europe.

Luther wanted women as well as men to be able to read the Bible, he points out. Not only did his followers set out to establish church schools in every parish, but girls went there as well as boys, he says. "We looked into the records of school building in the German federal state of Brandenburg in the 16th century, and discovered that there were disproportionately more girls in school than boys. Protestantism, it seems, was an early driver of emancipation. At that time, remember, Catholic areas didn't even have any boys' schools.

"Those trends continued into the 20th century, when women were allowed to go to university. Comparatively few Catholic women went."

What about the 21st century?

"Well, we looked at the German equivalent of the British Household Panel Survey for the year 2000. It measures economic and social change and covers such areas as income, education …" And religion? "Obviously religion doesn't play as much of a role now as it did over 100 years ago, but it's still the case that Catholics tend to marry Catholics and Protestants tend to marry Protestants – or at least those from a Protestant background. Also, attitudes towards education tend to linger from one generation to another. So if your parents and grandparents went to university, then you are likely to go yourself. That's how these differences survive to this day." He goes on to caution that he is talking about general trends. "We all know Catholic professors and Protestants who are uneducated," he says.

I can't help wondering where France fits into this analysis. Considered an economic power in mainland Europe, it is predominantly Catholic and its southern regions are on the same latitude as northern Italy. "France is a good example of how political secularism affects performance," Becker ventures. "It came in much earlier there than in Italy, which still carries statements by the Pope on the front pages of its newspapers."

And what about Greece, whose economy is in danger of collapse? Becker prefers not to venture into Greek Orthodoxy. "I prefer to make statements when there are statistics to back them up," he says, before stressing once again that religion is only one factor in the balance-sheet shades on the map of mainland Europe.

http://www.guardian.co.uk/education/2011/oct/31/economics-religion-research
User avatar
kina
Board Meister
Posts: 668
Joined: Mar 15th, 2010, 8:43 am

Re: Does religion play a part in Europe's financial crisis?

Post by kina »

Don't know about that, but I did find this interesting read as well:

"CIA predicts EU Collapse by 2020"
http://www.theapricity.com/forum/archive/index.php/t-5706.html

Here's an excerpt:
"Also, according to the CIA projection, in the “Catholic zone” the countries of eastern Europe would be under the military patronage of the USA, and Kosovo and Albania would fall under the “Orthodox zone”."
"The Ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy...”
-Martin Luther King
User avatar
kina
Board Meister
Posts: 668
Joined: Mar 15th, 2010, 8:43 am

Re: Does religion play a part in Europe's financial crisis?

Post by kina »

Quarsar386 wrote:
kina wrote:Don't know about that, but I did find this interesting read as well:

"CIA predicts EU Collapse by 2020"
http://www.theapricity.com/forum/archive/index.php/t-5706.html

Here's an excerpt:
"Also, according to the CIA projection, in the “Catholic zone” the countries of eastern Europe would be under the military patronage of the USA, and Kosovo and Albania would fall under the “Orthodox zone”."



Yadda yadda bla bla. Just another couple of quasi regular posters publicizing/exercising their thoughts based upon what they want to believe.


Oh, I am very VERY sorry Quasar. I didn't mean to offend you in any way. Please inform me next time of what you wish me to write and I will most definitely oblige. :hailjo:
"The Ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy...”
-Martin Luther King
User avatar
kina
Board Meister
Posts: 668
Joined: Mar 15th, 2010, 8:43 am

Re: Does religion play a part in Europe's financial crisis?

Post by kina »

Quarsar386 wrote:
kina wrote:
Quarsar386 wrote:
kina wrote:Don't know about that, but I did find this interesting read as well:

"CIA predicts EU Collapse by 2020"
http://www.theapricity.com/forum/archive/index.php/t-5706.html

Here's an excerpt:
"Also, according to the CIA projection, in the “Catholic zone” the countries of eastern Europe would be under the military patronage of the USA, and Kosovo and Albania would fall under the “Orthodox zone”."



Yadda yadda bla bla. Just another couple of quasi regular posters publicizing/exercising their thoughts based upon what they want to believe.


Oh, I am very VERY sorry Quasar. I didn't mean to offend you in any way. Please inform me next time of what you wish me to write and I will most definitely oblige. :hailjo:



That is a person attack, Gee, how did I figure that out? Maybe it was the direct mention of my handle? So, my contrary point of view did not agree with yours, so you attack the writter. Yup, you gonna go far, skippy.


"So, my contrary point of view did not agree with yours, so you attack the writter"??? I could say the same to you. :137:
I truly do not wish to get into these water with you right now, though. Perhaps, for the benefit of the original poster as well we should get back on topic.
"The Ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy...”
-Martin Luther King
User avatar
kina
Board Meister
Posts: 668
Joined: Mar 15th, 2010, 8:43 am

Re: Does religion play a part in Europe's financial crisis?

Post by kina »

Quarsar386 wrote:
kina wrote:"So, my contrary point of view did not agree with yours, so you attack the writter"??? I could say the same to you. :137:
I truly do not wish to get into these water with you right now, though. Perhaps, for the benefit of the original poster as well we should get back on topic.



Did I EVER mention you by name? Pretty weak tea you serve up.


:backtotopic:
"The Ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy...”
-Martin Luther King
Post Reply

Return to “World”