Home
/
RELIGION & LIBERTY ONLINE
/
Samuel Gregg on David Bentley Hart and Murderous Markets
Samuel Gregg on David Bentley Hart and Murderous Markets
Jan 21, 2026 3:10 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
Totalitarian wolves against the Carpathian shepherd
“Though relatively unknown to the broader public in the West, King Michael’s life was nothing short of extraordinary,” says Mihail Neamtu in this week’s Acton Commentary. In 1927, his father left the throne to pursue a Romantic adventure with a larger than life mistress, Elena Lupescu (1895-1977). The royal families in Europe sanctioned this betrayal of the marriage vows, which the astute and yet amoral Prince Carol II had spoken before the youthful Princess Helen of Greece and Denmark (1896-1982)....
The economics of Bedford Falls (Part 3 of 3)
[Note: This is the finalpost in a series highlighting some of the financial aspects and broad economic lessons of Frank Capra’s holiday classic, It’s a Wonderful Life. You can find part one hereand part two here.] Economist Don Boudreaux outlined ten foundational lessons that should be learned in every well-taught principles of economics course. Examples of nearly all of the ten lessons can be found in Capra’s Christmas classic, but for the sake of brevity I’ll merely highlight two of...
A Hungarian reflects on George Washington and the U.S. statue controversy
On this day 241 years ago – December 26, 1776 – George Washington led his forces to a much-needed victory in the Battle of Trenton. Crossing the icy waters of the Delaware River on Christmas night to achieve maximum surprise, his decisive defeat of the Hessians encamped in New Jersey bolstered the colonies’ faltering faith in his military leadership. That led to the foundation of our constitutional republic, enlivened by virtue flowing from religious faith. To this day in much...
Skepticism of free markets grows within the Catholic Church
At the top of the Catholic hierarchy, Capitalism has been abandoned. This criticism of free markets, and even profit in general, have caused others within the Catholic Church to e concerned. As the debate grows, it’s helpful to clear up the main arguments of those who oppose and those who support Capitalism.In an article written for CatholicVote, Senior editor for the Acton Institute, Fr. Ben Johnson, does just that. Addressing the positions of First Things editor R. R. Reno and...
Lessons on Christian vocation from ‘A Christmas Carol’
“Is Christmas too materialistic? Well, it’s not as materialistic as God ing flesh, redeeming our sinful flesh, and sending us back into the material world to live out our faith in love and service to our physical neighbors.” –Gene Veith We are routinely told that Charles Dickens’ beloved story, A Christmas Carol, was instrumental in giving us Christmas as we know it — marking the holiday not just as a moment of reflection on Christ’s birth, but as a secular...
The economics of Bedford Falls (Part 2 of 3)
[Note: This is the second post in a series highlighting some of the financial aspects and broad economic lessons of Frank Capra’s holiday classic, It’s a Wonderful Life. You can find part one here.] George’s Life Savings in a Life Insurance Policy George attempts to secure a loan from Potter based on his life insurance policy. He says it has a $15,000 face value and a $500 cash value. Why is his life insurance policy worth cash? George has atype...
5 Facts about Christmas
Christmas is the most widely observed cultural holiday in the world. Here are five factsyou should know about the memoration of the birth of Jesus: 1. No one knows what day or month Jesus was born (though some scholars speculate that it was in September). The earliest evidence for the observance of December 25 as the birthday of Christappears in the Philocalian posed in Rome in 336. 2. Despite the impression given by many nativity plays and Christmas carols, the...
Did Christianity destroy Western culture?
It is always worth remembering how Christianity reformed Western culture – especially during the Christmas season, when we meditate on how Christ refashioned human nature to be a fitting abode of the divine nature. From teaching – and in some cases, inventing written languages – to preserving ancient manuscripts, to founding the university system, it would be impossible to imagine Western civilization without Christianity’s contributions. With this in mind, textbooks once referred to the West merely as “Christendom.” But a...
Is it immoral to waste food?
“Eat your broccoli,” our mothers would say. “Think of the starving children in Africa!” It’s a moral claim we’re all familiar with. If some of our food goes to waste, someone, somewhere, will face imminent harm and the environment will go to the dogs. Indeed, it’s the central message of the popular new documentary, Wasted!, which claims, for example, that one-third of all food produced is never eaten, that 40% of that same food goes to waste, and that 90%...
Public goods and the problems of free-riders and forced-riders
Note: This is post #61 in a weekly video series on basic microeconomics. Public goods provide an argument for taxation and government provision. But how do we know which public goods should be provided? In this video by Marginal Revolution University, economist Alex Tabarrok discusses the free-rider problem and the forced-rider problem in regards to public goods. Previous in series: Public goods and asteroid defense ...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved