Theodicy and Commerce

Recent theological treatments of political economy have tended to ignore the early-modern origins from which the capital market system arose. An effort is made here to trace a specific conceptual development from the theodicies of G. W. Leibniz and Bishop William King to the economic theory of David...

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Bibliographic Details
Main Author: Arbo, Matthew B. (Author)
Format: Electronic Article
Language:English
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Published: Sage 2014
In: Studies in Christian ethics
Year: 2014, Volume: 27, Issue: 2, Pages: 131-143
Further subjects:B Rationalism
B Nature
B Economy
B Evil
B Theodicy
B Natural Law
B Redemption
Online Access: Volltext (lizenzpflichtig)
Parallel Edition:Electronic
Description
Summary:Recent theological treatments of political economy have tended to ignore the early-modern origins from which the capital market system arose. An effort is made here to trace a specific conceptual development from the theodicies of G. W. Leibniz and Bishop William King to the economic theory of David Hume and Adam Smith, a development that implies certain theological transmutations. Both the theodicist and economist claim, for different reasons, that nature itself is capable of redeeming evils. Two theoretical shifts contributed to this development: rational optimism and conjectural historiography. Scrutinizing the mechanistic backdrop for this historical narrative discloses acute theological compromises.
ISSN:0953-9468
Contains:Enthalten in: Studies in Christian ethics
Persistent identifiers:DOI: 10.1177/0953946813514007