The Market as God


Book Description

“Essential and thoroughly engaging...Harvey Cox’s ingenious sense of how market theology has developed a scripture, a liturgy, and sophisticated apologetics allow us to see old challenges in a remarkably fresh light.” —E. J. Dionne, Jr. We have fallen in thrall to the theology of supply and demand. According to its acolytes, the Market is omniscient, omnipotent, and omnipresent. It can raise nations and ruin households, and comes complete with its own doctrines, prophets, and evangelical zeal. Harvey Cox brings this theology out of the shadows, demonstrating that the way the world economy operates is shaped by a global system of values that can be best understood as a religion. Drawing on biblical sources and the work of social scientists, Cox points to many parallels between the development of Christianity and the Market economy. It is only by understanding how the Market reached its “divine” status that can we hope to restore it to its proper place as servant of humanity. “Cox argues that...we are now imprisoned by the dictates of a false god that we ourselves have created. We need to break free and reclaim our humanity.” —Forbes “Cox clears the space for a new generation of Christians to begin to develop a more public and egalitarian politics.” —The Nation




Markets of Sorrow, Labors of Faith


Book Description

Markets of Sorrow, Labors of Faith is an ethnographic account of long-term recovery in post-Katrina New Orleans. It is also a sobering exploration of the privatization of vital social services under market-driven governance. In the wake of Hurricane Katrina, public agencies subcontracted disaster relief to private companies that turned the humanitarian work of recovery into lucrative business. These enterprises profited from the very suffering that they failed to ameliorate, producing a second-order disaster that exacerbated inequalities based on race and class and leaving residents to rebuild almost entirely on their own. Filled with the often desperate voices of residents who returned to New Orleans, Markets of Sorrow, Labors of Faith describes the human toll of disaster capitalism and the affect economy it has produced. While for-profit companies delayed delivery of federal resources to returning residents, faith-based and nonprofit groups stepped in to rebuild, compelled by the moral pull of charity and the emotional rewards of volunteer labor. Adams traces the success of charity efforts, even while noting an irony of neoliberalism, which encourages the very same for-profit companies to exploit these charities as another market opportunity. In so doing, the companies profit not once but twice on disaster.




Faith in Markets


Book Description

In the first half of the nineteenth century, the United States saw both a series of Protestant religious revivals and the dramatic expansion of the marketplace. Although today conservative Protestantism is associated with laissez-faire capitalism, many of the nineteenth-century believers who experienced these transformations offered different, competing visions of the link between commerce and Christianity. Joseph P. Slaughter offers a new account of the interplay between religion and capitalism in American history by telling the stories of the Protestant entrepreneurs who established businesses to serve as agents of cultural and economic reform. Faith in Markets examines three Christian business enterprises and the visions of a Christian marketplace they represented. Shaped by Pietist, Calvinist, and Arminian theologies, each offered different answers to the question of what a moral, Christian market should look like. George Rapp & Associates operated sophisticated textile factories as the business side of the model community the Harmony Society, which practiced communal living in pursuit of a harmonious workforce. The Pioneer Stage Coach Line provided transportation services only six days a week to keep Sunday sacred, attempting to reform society by outcompeting less pious businesses. The publisher Harper & Brothers sought to elevate American culture through commerce by producing virtuous products like lavishly illustrated Bibles. Drawing on a wide range of sources, Faith in Markets explores how the founders and owners of these enterprises infused their faith into their businesses and, in turn, how distinctly religious businesses shaped American capitalism and society.




Trading by Faith


Book Description

Does God have a trading plan for you?God won't move the markets for you - but what if he could open your eyes to spot the opportunities? What if he could give you the courage to make something of those opportunities?Most people don't want to talk about religion and the markets, or God and trading. But the truth is that when we seek to build the Kingdom of God first, he gives us the strength and wisdom to provide for ourselves and our families.




Religion and the Morality of the Market


Book Description

This book focuses on how neoliberal market practices engender new forms of religiosity, and how religiosity shapes economic actions.




Shades of Gray in the Changing Religious Markets of China


Book Description

This book is a collection of studies of various religious groups in the changing religious markets of China. These ethnographic studies demonstrate many shades of gray in the religious market and fluidity across the red, black, and gray markets.




Faith and Liberty


Book Description

Most people think that free-market ideas and theories were first substanially developed in the eighteenth century by figures such as Adam Smith. In this revised edition of Faith and Liberty, Alejandro A. Chafuen illustrates this misconception by examining the sixteenth and seventeenth century writings of a group of Catholic theologians and philosophers. The Late- Scholastics, as they are called, were the first to engage in a systematic moral analysis of the ethical issues associated with trade and commerce. In doing so, they arrived at solutions that are in many senses indistinguishable from the ideas of many modern free market commentators. In this revised ediiton, Chafuen blosters his case by including recent and pertinent material which gives rise to new questions and concerns. Reading this book will force to consider what they understand to be an authentiaclly Christian approach to economic questions.




Faithonomics


Book Description

About religion today, but takes "sweeping detours" through the history of religious marketplaces, from the dominance of Catholicism in medieval Europe (achieved through its system of franchising, or "MacDonaldization") to the truly free religious marketplaces that flourished in ancient South-East Asia, before today's Buddhist monopolies set in.




Defending the Free Market


Book Description

Thirty years ago, the economic system of the Soviet empire—socialism—seemed definitively discredited. Today, the most popular figures in the Democratic Party embrace it, while the shapers of public opinion treat capitalism as morally indefensible. Is there a moral case for capitalism? Consumerism is an appalling spectacle. Free markets may be efficient, but are they fair? Aren’t there some things that we can’t afford to leave to the vicissitudes of the market? Robert Sirico, a onetime leftist, shows how a free economy—including private property, legally enforceable contracts, and prices and interest rates freely agreed to by the parties to a transaction—is the best way to meet society’s material needs. In fact, the free market has lifted millions out of dire poverty—far more people than state welfare or private charity has ever rescued from want. But efficiency isn’t its only virtue. Economic freedom is indispensable for the other freedoms we prize. And it’s not true that it makes things more important than people—just the reverse. Only if we have economic rights can we protect ourselves from government encroachment into the most private areas of our lives—including our consciences. Defending the Free Market is a powerful vindication of capitalism and a timely warning for a generation flirting with disaster.




Economic Shalom


Book Description

This Reformed Christian primer on work and faith champions the glory of God in all of life's endeavors by tracing four key themes of economics in Christian confession and commitment and examining markers for human flourishing in the real world of economics, commerce, and markets. With scholarly passion and pastoral wisdom, tempered by the insight of economists, John Bolt presents a winsome case for how God uses the market economy to meet human needs. Written to raise questions and invite further discussion, Bolt offers a robust Reformed perspective on stewardship, property, capital, and morality. From this, he explores a variety of issues, including the human need for liberty, the challenge of consumerism, concerns about fairness and justice, and evangelicalism's mixed history in applying Christian compassion in politics and economics. What stands in the way of the human quest for improvement? How does the reality of sin affect the degree to which we can achieve economic shalom today? And despite every good intention, how do we avoid the horrific track record of failed utopias that have spilled oceans of blood and created mountains of misery? Read, learn, and respond as Bolt leads a rousing Reformed discussion of faith, work, and economics.