The age of the benevolent capitalist is gone | Letters

Only Bill Gates stands in the tradition of Scotland’s Calvinist benefactors, says Sam McKinstreyMy admirable and turbulent priest Giles Fraser (Loose canon, 6 October) concludes that “capitalism is not magic, but exploitative to its core”, as is its principle that “I only get extremely rich if you get a little bit richer too”. Max Weber got it dead right for certain eras in the past, when Calvinistic merchants made money to give it to others, often most of it, frequ