Home
/
RELIGION & LIBERTY ONLINE
/
Samuel Gregg on David Bentley Hart and Murderous Markets
Samuel Gregg on David Bentley Hart and Murderous Markets
Jan 8, 2025 11:06 AM

Is the dominant economic system we have today, the market economy or patible with Christianity? Orthodox Christian theologian David Bentley Hart in a June 2016First Things article titled,”Mammon Ascendant: Why global capitalism is inimical to Christianity,” is skeptical. As you might gather from the title of his article. On Public Discourse, Acton Research Director Samuel Gregg takes a closer look at Hart’s curious economic postulates such as the one about the “purely financial market” and his rather overbroad claim that wealth is intrinsically evil. Then there’s the one about the investments that wealthy people and institutions make, with homicidal malice, in new businesses and the like. Gregg:

Even more contestable is Hart’s suggestion that the venture capital that, he concedes, built places like Manhattan and provided millions with jobs is somehow responsible for particular evils. Notable among these is what he calls “the carboniferous tectonic collision zones of West Virginia and eastern Kentucky” in which “a once poor but propertied people were reduced to helotry on land they used to own” and “forced into dangerous and badly remunerated labor that destroyed their health, and then kept generation upon generation in servile dependency.” This is an example of how, to use Hart’s words, “the market murders.”

To murder is to intentionally kill an innocent person. Is Hart really suggesting that the workings of “the market”—which is simply an economy in which there is a free creation and exchange of goods and services by individuals munities in a particular institutional setting—involves the intentional killing of innocent people?

Did people on Wall Street, for instance, directly will the alleged enslavement of people in West Virginia and eastern Kentucky? Who, one might ask, “forced” people into these jobs in West Virginia? Could it be possible that some of these crypto-peasants weren’t so content with their three acres and a cow and actually regarded working in a mine as a better economic option, given their available choices at the time? It’s likely that the vast majority of their descendants live far fortable material existences, enjoy longer life-spans, and are better educated than their small-landowning forebears. Some are probably working on Wall Street.

Read “Global Capitalism versus Christianity? A Response to David Bentley Hart” on Public Discourse by Samuel Gregg.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Shareholder Activism on the Rise – from Nuns and Unitarians
The Manhattan Institute’s Proxy Monitor project is aimed at “shedding light on the influence of shareholder proposals on corporations.” It provides a thorough analysis of proposals made from 2008 – 2011 by activist investors — and believe it or not, only 35 percent of those proposals were related to corporate governance. Most of the shareholder proposals that panies deal with are attempts to direct pany in a more green or pacific or fair direction, and e from small shareholders who...
National Council of Churches ‘balancing the budget on the backs of the poor’?
A “budget is a moral document,” right? The Institute on Religion & Democracy reports that following the loss of a major donor, the National Council of Churches (NCC) finds itself “closer than ever before to the precipice” of financial collapse. The progressive/liberal church prised largely of mainline Protestant and Orthodox churches, is running out of dough. IRD’s Barton Gingerich: Evangelical Lutheran Church in America Presiding Bishop told the NCC’s September board meeting: “We have 18 months sustainability.” All voting NCC...
The Need to be a Victim
For some, in our still largely affluent society, there is a deep seated need to be a member of the victim class. The background of your socioeconomic privilege is no obstacle, as they must create a narrative that points to being a victim. While some might aspire to sainthood, others aspire to victimhood. This video and report courtesy of The Blaze sums it up well. It would be unfortunate if charades like this drown out the real instances of injustice...
Religion & Liberty: An Interview with Metropolitan Jonah
Religion & Liberty’s summer issue featuring an interview with Metropolitan Jonah (Orthodox Church in America) is now available online. Metropolitan Jonah talks asceticism and consumerism and says about secularism, “Faith cannot be dismissed as partmentalized influence on either our lives or on society.” Mark Summers, a historian in Virginia, offers a superb analysis of religion during the American Civil War in his focus on the revival in the Confederate Army. 2011 marks the 150th anniversary of America’s bloodiest conflict. With...
Roger Scruton: No escaping morality in economics
Roger Scruton has written an excellent piece on the moral basis of free markets;it’s up at MercatorNet. He begins with the Islamic proscriptions of interest charged, insurance, and other trade in unreal things: Of course, an economy without interest, insurance, limited liability or the trade in debts would be a very different thing from the world economy today. It would be slow-moving, restricted, paratively impoverished. But that’s not the point: the economy proposed by the Prophet was not justified on...
Remembering Robert Bosch, Global Entrepreneur
Uwe memorates the 150th anniversary of the birth of Robert Bosch: One hundred and fifty years ago, on Sept. 23, 1861, the visionary industrialist Robert Bosch was born in a village near Ulm in Germany. He became a global entrepreneur whose name is ubiquitous in the auto industry to this very day. And 125 years ago, he founded Robert Bosch GmbH, the largest privately owned corporation in the world today. In 1907, Bosch opened its first U.S. subsidiary. By the...
Samuel Gregg: GOP Candidates Must Debate Better
Acton’s director of research, Samuel Gregg, has contributed his thoughts on last night’s debate to National Review’s roundup. He was disappointed by the candidates’ performances: “with the exception of Newt Gingrich, substance did not feature highly in this debate.” These debates tend to be about talking points and about subtle digs at your opponent, not the kind of serious debate we had at the Palmetto Freedom Forum, but Gregg says, It’s too easy to say that such formats as Thursday...
Charles Schwab and Ted Leonsis: ‘We aren’t the problem’
Billionaire Democrat Ted Leonsis wrote a posting titled “Class Warfare – Yuck!” on his blog yesterday, in which he implored the president, to whose campaign he donated the maximum amount: “Hit a reset button ASAP. Rethink how to talk to businesses and sell business leaders on your plan to make America great! Many of us want to be a part of the solution. We aren’t the problem.” Today, Charles Schwab published an opinion piece in the Wall Street Journal, and...
Why the Journal of Markets & Morality?
In the latest issue of Religion & Liberty, Acton Institute executive direct Kris Mauren answers the question, “Why does the Acton Institute publish the Journal of Markets & Morality?” For more, check out my interview with Micheal Hickerson of the Emerging Scholars Network. You can support the work of the journal by getting a subscription for yourself or mending a subscription to your library of choice. ...
VIDEO: Anthony Bradley on ‘Black and Tired’ at The Heritage Foundation
Acton Research Fellow Dr. Anthony Bradley spoke about his book Black and Tired: Essays on Race, Politics, Culture, and International Development at The Heritage Foundation earlier this month, and the video is now online. Dr. Bradley explained just why he called his book “Black and Tired:” The hopes and dreams, aspirations, virtues, institutions, values, principles that created the conditions that put me here today, are being sabotaged and eroded by those who have good intentions, but often do not think...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved