BTW... just to show that I am not one-sided, and never had any intention of being so... there is actually one demonstrable link between the rise of capitalism and the rise of Protestantism, which is this:
The Catholic Church had a traditional ban on usury. No Catholic was allowed to lend money, or goods, at any type of interest. While Jews were occasionally placed under this ban, for the most part, Jews were the only people allowed to partake in money lending. Not that Catholics couldn't lend money, but without interest, they couldn't make it profitable. It's easy to see how, when Protestants lifted this ban, that helped capitalism move forward.
I'm pretty sure jmf probably didn't even know about that, though, let alone was it anything like what he was talking about.
True, though I wouldn't say the widespread legalization of usury had an entirely positive effect on society...