Debt Resistance and Satisfaction? Notes from Catherine of Siena toward a Theology of Redemption against Neoliberal Capitalism
Adding to recent concerns about resonances between debt in Christian soteriologies and in capitalism, Hollis Phelps has argued that Anselm’s satisfaction theory provides subjective reinforcement for neoliberalism’s biopolitical use of debt, and thus calls for an abandonment of the idea that humans m...
Main Author: | |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
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Published: |
Wiley-Blackwell
2022
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In: |
Modern theology
Year: 2022, Volume: 38, Issue: 1, Pages: 3-18 |
Standardized Subjects / Keyword chains: | B
Katharina, von Siena, Heilige 1347-1380
/ Debt
/ Satisfaction
/ Redemption
/ Neo-liberalism
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IxTheo Classification: | KAF Church history 1300-1500; late Middle Ages KAJ Church history 1914-; recent history NBK Soteriology |
Online Access: |
Volltext (lizenzpflichtig) Volltext (lizenzpflichtig) |
Summary: | Adding to recent concerns about resonances between debt in Christian soteriologies and in capitalism, Hollis Phelps has argued that Anselm’s satisfaction theory provides subjective reinforcement for neoliberalism’s biopolitical use of debt, and thus calls for an abandonment of the idea that humans must be redeemed from debt to God. Without advocating mere retrieval of satisfaction theory, I submit that such a concept of debt can have the opposite effect by analyzing how it plays out in Catherine of Siena’s mystical theology and the way she articulates satisfaction in her writings. Catherine’s doctrine of creation casts humanity’s unremittable debt as an obligation to love God, self, and neighbor that is divinely designed to benefit all. This concept of debt determines what satisfaction signifies for Catherine, fostering an “indebted subjectivity” incompatible with that of neoliberalism. Her theology thereby suggests a productive way to leverage the language of a prominent Western atonement theory against the neoliberal concepts of debt that discipline Western society—namely, by rooting debt in a doctrine of creation that emphasizes relationships of mutuality and interdependence that benefit all. |
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ISSN: | 1468-0025 |
Contains: | Enthalten in: Modern theology
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Persistent identifiers: | DOI: 10.1111/moth.12725 |