Weberʼs thesis on ʻthe spirit of capitalismʼ canʼt be espoused. It is not appropriate to read it between Benjamin Franklinʼ s writings. And it is unreasonable to read any germ of ʻthe spirit of capitalismʼ in Richard Baxterʼs ʻprotestant ethicsʼ. ʻThe spirit of capitalismʼ existed not before the establishment of capitalism, but after it. For the appreciation of the quality of the rise of capitalism, it is important to understand ʻascetic life ethicsʼ, which includes ʻthis worldly asceticismʼ, ʻascetic ethics of callingʼ and ʻdisciplined life of the workersʼ. ʻAscetic life ethicsʼ can be seen not only in the Western World but also in the East Asia. As market economy came to be formed in these areas, following the rapid development of industr...