Home
/
RELIGION & LIBERTY ONLINE
/
Samuel Gregg on David Bentley Hart and Murderous Markets
Samuel Gregg on David Bentley Hart and Murderous Markets
Jan 12, 2026 5:18 PM

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
Kennedy on CST and Unions
Robert Kennedy, author of Acton’s CSTS volume, The Good that Business Does, weighs in on the Wisconsin/Ohio flap over public sector unions and collective bargaining in this interview with ZENIT. A sample: The Church has certainly been a champion of the right of workers to form labor unions but has never argued that unions have the liberty to undermine mon good. Like many other kinds of organizations in many other sectors of society, unions can lose sight of their responsibility...
Food or Fuel?
A big report is due out tomorrow which may have a positive or negative impact on economies across the globe. These numbers are ing from the New York Stock Exchange, NASDAQ, the Tokyo Stock Exchange, the London Stock Exchange, or any other stock exchange; they are ing from a report being released by the U.S. Agriculture Department (USDA). It will talk about the role the U.S. will play in preventing or reducing the effects of a global food shortage. There...
Back to Budget Basics
In this week’s Acton Commentary, “Back to Budget Basics,” I argue that the public debt crisis facing the federal government is such that “All government spending, including entitlements, defense, and other programs, must be subjected to rigorous and principled analysis.” This piece summarizes much of my analysis of various Christian budget campaigns over the last week (here, here, and here). There are things that are more or less central to the primary task of government, and our spending priorities should...
Shane Claiborne’s Budget Babbling
Writing for the Huffington Post, Shane Claiborne is also asking “What Would Jesus Cut?” I’m still opposed to the whole notion of reducing Christ to budget director, as my earlier post points out. But Jesus as Secretary of Defense of the United States or rather, Jesus as secretary of peace as proposed by Congressman Dennis Kucinich is equally unhelpful. Mark Tooley, president of IRD, has already weighed in on Shane Claiborne’s not so brilliant drafting of Jesus for president. As...
Budgets, the Church, and the Welfare State
In this mentary, which will appear tomorrow, I summarize and explore a bit more fully some of the discussion surrounding evangelical and religious engagement of the budget battles in Washington. One of my core concerns is that the approaches seem to assume too much ongoing and primary responsibility on the part of the federal government for providing direct material assistance to the poor. As “A Call for Intergenerational Justice” puts it, “To reduce our federal debt at the expense of...
Unintended Consequences and Wind Turbines
With the surge in oil prices, there’s renewed interest in alternative energy options. Numerous countries have gradually taken steps to promoting renewable or clean energy technologies, and it seems the United States is drifting more towards favoring alternative energy options as the Obama Administration is looking at banning off shore drilling along the continental shelf until 2012 and beyond. However, before we move farther down this road, a critical analysis of the pros and cons is a must. A more...
‘A Call for Intergenerational Justice’ and the Question of Economic Growth
While there is much to applaud in the Center for Public Justice and Evangelicals for Social Action’s “A Call for Intergenerational Justice,” the lack of discussion of the problem of economic growth is troubling. I believe Don Peck is correct when he writes in The Atlantic: If it persists much longer, this era of high joblessness will likely change the life course and character of a generation of young adults—and quite possibly those of the children behind them as well....
Does your 401K make you an idolator?
Here’s today’s offering from Jim Wallis’ Rediscovering Values for Lent on the Sojourners website: Today, instead of statues, we have hedge funds, mortgage-backed securities, 401(k)s, and mutual funds. We place blind faith in the hope that the stock indexes will just keep rising and real estate prices keep climbing. Market mechanisms were supposed to distribute risk so well that those who were reckless would never see the consequences of their actions. Trust, security, and hope in the future were all...
Jeff Jacoby: Jesus won’t tell them what to cut
Writing in the Boston Globe, columnist Jeff Jacoby says that a “more fundamental problem with the “What Would Jesus Cut?’’ campaign is its planted axiom that Jesus would want Congress to do anything at all.” As a believing Jew and a conservative, I don’t share the religious outlook or political priorities of Wallis and his co-signers. But you don’t have to be Christian or liberal to believe that in God’s eyes, a society is judged above all by its concern...
Review: Defending Constantine
We’ll have the Winter 2011 issue of Religion & Liberty online later this week and you won’t want to miss it. Subscribe here. We’re previewing the issue on the PowerBlog with a book review that, because of space limitations, had to be shortened. This post publishes it in full. Constantine and the Great Transformation Defending Constantine by Peter J. Leithart (IVP Academic, 2010) Reviewed by Johannes L. Jacobse The argument that the lifting of the persecutions of early Christians and...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved