Religion and capitalism in Ulgener

The internalization of capitalism by the society, and its establishment and practice are directly related to the preparedness of each person living in that country. While this preparedness is exactly experienced in some societies, some problems may emerge in others. The main problem here is, although Western European countries have experienced this transition period years ago, why does this transition period continue in countries defined as underdeveloped? The answer for this question is going to be sought in the research.The topic of ?religion?, which is an important factor influencing mentality, is especially required to be put emphasis on. Because religions consist of orders and prohibitions, and societies have shaped their lives according to these orders and prohibitions. Considering Capitalism?s being influenced by the lifestyle and the traditions of a society, the relationship between Capitalism and religion is going to be distinguished. While the case is going on like this, the winds will change, and replacing religion, Capitalism will take hold of the society.Sabri F. Ülgener, who came up with this viewpoint for the first time in Turkey and has been examining Turkish society in this context, and has provided a different viewpoint to emerge in our society. Ülgener stands out for his comments on economic conjuncture in Turkey. He is a thinker who should be given importance due to his following different methods in his approaches to the problems in the economic field both the Ottomans and Turkey have experienced.This study proceeds in accordance with the relationship between religion, mentality and Capitalism which Ülgener has given place in his studies. Experiences in Western Europe throughout the emerge of Capitalism, and what the mentality of developing countries has been right after this, and the fact if this mentality has complied with Capitalism or not are analysed. The traditional ongoing mentalities in underdeveloped societies blocked the development of economic mentality. In order to have the economic development of Europe the society needs to get rid of this mentality at first.Keywords: Religion, Capitalism, Economy ethics, mentality, economic mentality.