No, Pietism was not the Lutheran equivalent of Methodism. However, Lutheran Pietism greatly influenced Protestants around the world including Methodism within the United States. By and large, Pietism within Lutheranism has died out. However, in the Scandinavian countries in Europe its influence and marks can still be felt and seen. I hope that helps. read more
The Pietist movement had a hand in the formation of the Lutheran Church, and then in the 1670s it led to a reform movement within that church. Philipp Jakob Spener, who had been influenced by Pietist and Waldensian teachers, was convinced of the need for a moral and religious reformation within German Lutheranism. read more
Pietism was a major influence on John Wesley and others who began the Methodist movement in 18th century Great Britain. John Wesley was influenced significantly by Moravians (e.g., Zinzendorf, Peter Boehler) and Pietists connected to Francke and Halle Pietism. read more