The Mechanisms and Morality of Capitalism: A Brief Christian Critique

After centuries of near consensus among Western Christians about the virtuous merits of capitalism, the Great Recession of 2008 shook cultural confidence in it, and triggered a more honest and earnest debate about its morality. Reviewed here are sample Christian defenses of capitalism, Marxist criti...

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Bibliographic Details
Published in:Journal of sociology and Christianity
Main Author: Hiebert, Dennis 1952- (Author)
Format: Electronic Article
Language:English
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Published: Oxford Graduate School [2019]
In: Journal of sociology and Christianity
Standardized Subjects / Keyword chains:B Bell, Daniel 1919-2011 / Capitalism / Mechanism (Philosophy) / Christianity
IxTheo Classification:AD Sociology of religion; religious policy
CG Christianity and Politics
CH Christianity and Society
Further subjects:B Morality
B Desire
B Social Structure
B Christianity
B Capitalism
Online Access: Volltext (kostenfrei)
Description
Summary:After centuries of near consensus among Western Christians about the virtuous merits of capitalism, the Great Recession of 2008 shook cultural confidence in it, and triggered a more honest and earnest debate about its morality. Reviewed here are sample Christian defenses of capitalism, Marxist critiques of capitalism, and Christian critiques of capitalism, all of which were voiced in the decade following the Great Recession. Focus is maintained mostly on the internal mechanisms or social structure of capitalism, not on the morality of individual capitalists operating within it. Drawing primarily on theological ethicist Daniel Bell Jr.'s analysis, ten characteristics of capitalism are then identified which constitute what he terms homo economicus, the capitalist's anthropology, and which contrast sharply with Christian moral imperatives. Concluding Christian assessments of capitalism point to the need for, and possibilities of, systemic economic change.
ISSN:2572-4088
Contains:Enthalten in: Journal of sociology and Christianity