Home
/
RELIGION & LIBERTY ONLINE
/
Solovyov on economic morality
Solovyov on economic morality
Jan 30, 2026 5:32 AM

Vladimir Solovyov

Towards the end of his life, the 19th century Russian philosopher Vladimir Solovyov published his “On the Justification of the Good: An Essay on Moral Philosophy” (1897). In this book, wrote historian Paul Valliere, Solovyov abandonded his vision of a “worldwide theocratic order” in favor of the more concrete demands of building a just society. With “Justification of the Good,” Solovyov (1853-1900) presented a general theory of economic and social welfare based on the idea that all human beings have “a right to a dignified existence.”

The following excerpt is from the chapter, “The Economic Question from the Moral Point of View” in Solovyov’s “On the Justification of the Good.” Translated by Nathalie A. Duddington; annotated and edited by Boris Jakim; foreword by David Bentley Hart. Wm. B. Eerdmans (2005). Cross posted from The Observer.

For the true solution of the so-called ‘social question’ it must in the first place be recognized that economic relations contain no special norm of their own, but are subject to the universal moral norm as a special realm in which they find their application. The triple moral principle which determines our due relation towards God, men, and the material nature is wholly and entirely applicable in the domain of economics. The peculiar character of economic relations gives a special importance to the last member of the moral trinity, namely, the relation to the material nature or earth (in the wide sense of the term). This third relation can have a moral character only if it is not isolated from the first two but is conditioned by them in the normal position.

The realm of economic relations is exhaustively described by the general ideas of production (labor and capital), distribution of property, and exchange of values. Let us consider these fundamental ideas from the moral point of view, beginning with the most fundamental of them — the idea of labor. We know that the first impulse of labor is given by material necessity. But for a man who recognizes above himself the absolutely perfect principle or reality, or the will of God, all necessity is an expression of that will.

From this point of view, labor is mandment of God. mandment requires us to work hard (‘in the sweat of thy face’) to cultivate the ground, i.e. to perfect material nature. For whose sake? In the first place for our own and that of our neighbors. This answer, clear at the most elementary stages of moral development, no doubt remains in force as humanity progresses, the only change being that the denotation of the term ‘neighbor’ es more and more wide. Originally my neighbors were only those to whom I was related by the blood tie or by the personal feeling; finally it is all mankind.

When Bastiat, the most gifted representative of economic individualism, advocated the principle ‘each for himself’ he defended himself against the charge of selfishness by pointing to the economic harmony in virtue of which each man in working solely for himself (and his family), unconsciously, from the very nature of social relations, works also for the benefit of all, so that the interest of each harmonizes in truth with the interest of all. In any case, however, this would be merely a natural harmony, similar to that which obtains in the non-human world where certain insects, seeking nothing but sweet food for themselves, unconsciously bring about the fertilization of plants by transferring the pollen from one flower to another. Such harmony testifies, of course, to the wisdom of the Creator, but does not make insects into moral beings.

Man, however, is a moral being and natural solidarity is not sufficient for him; he ought not merely to labor for all and participate in mon work, but to know that he does so and to wish to do it. Those who refuse to acknowledge this truth as a matter of principle will feel its force as a matter of fact in financial crashes and economic crises. Men who are the cause of such anomalies and men who are the victims of them, both belong to the class of poeople who work for themselves, and yet the natural harmony neither reconciles their interest nor secures their prosperity.

The merely natural unity of economic interests is not sufficient to secure the result that each, in working for himself, should also work for all. To bring this about economic relations must be consciously directed towards mon good.

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
Radio Free Acton: Interview with a Venezuelan dissident; Jared Meyer on the sharing economy
In this episode of Radio Free Acton, Noah Gould, summer intern at Acton, interviews Javier Avila, a Venezuelan dissident who speaks of both the bleak and hopeful future he sees for the resistance against tyrannical government in Venezuela. Then, another Acton summer intern, Jenna Suchyta, talks to Jared Meyer, senior fellow at the Foundation for Government Accountability, about the sharing economy. Check out these additional resources on this week’s podcast topics: Read “Venezuela: Latin America’s socialist nightmare” by Noah Gould...
The U.S. is far more religious than other wealthy nations
Some countries are rich and some countries are religious. But the U.S. is the only country that has higher-than-average levels of both prayer and wealth, according to a new study by Pew Research. In 101 other countries surveyed that have a gross domestic product of more than $30,000 per person, fewer than 40 percent of adults say they pray every day.As the survey notes,more than half of American adults (55 percent) say they pray pared with 25 percent in Canada,...
Why farm subsidies hurt small farmers
Have you ever listened to a classical symphony and thought the music needed more distortion? Or have you ever read a newspaper and believed it would have been improved if it had more disinformation? Most of us don’t appreciate distortion in our music or disinformation in our news. Yet far too many do favor distortion and disinformation when es to pricing. Prices signal information in markets. A “market” is a summary term for a variety of voluntary exchange for modities...
Sam Brownback hosts first-ever State Department summit on religious liberty
The fight for religious liberty has intensified in America, whether among retail giants,restaurant chains,bakers and florists,nuns, or other imminent obstructionson the path paved byObergefell vs. Hodges. Meanwhile, intense religious persecution continues to grow around the globe. The appointment of Justice Neil Gorsuch to the Supreme Court gave room for optimism here at home. More recently, given the recent changes in the State Department — namely, the appointment of CIA director Mike Pompeo as secretary of state and the confirmation of...
New Issue of the Journal of Markets & Morality (Vol. 21, No. 1)
The newest issue of the Journal of Markets & Morality has been published online and print copies are ing. This issue is a theme issue on “The Role of Religion in a Free Society,” with guest editors Richard Epstein and Mario Rizzo of New York University School of Law, and Michael McConnell of Stanford Law School. Contributions range from legal analyses to theoretical forays to fascinating case studies all centered on the question of the nature, limits, role, and rights...
Unemployment as economic-spiritual indicator — July 2018 report
Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and munities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need...
Whether welfare recipients should work is a question of values
Should people who receive welfare benefits from the government be required to work? There are at least two ways to consider that question. The first is from the perspective of technical economics. Do work requirements lead to higher rates of employment for welfare beneficiaries? Does a lack of such requirements discourage work? The second is a matter of moral philosophy. Michael R. Strain argues that it’s the latter approach that should be our starting point when considering welfare policy: Whom...
Why we need virtue education
“The wider culture needs virtue education, because a free society relies on certain bedrock moral principles being inculcated and incarnated,” says Josh Herring in this week’s Acton Commentary. We need business men, doctors, lawyers, plumbers, electricians, and grocers who act with the honesty which allows the free market to thrive. Virtue, character, ethics – these things matter profoundly, and it is one of the tasks of education to transfer the system of values from one generation to the next. And...
The bright side of the trade war with China?
This year marks the 40th anniversary of one of the most consequential anti-poverty programs in human history. Now, there is evidence that its spillover effects may lift millions more out of dire need. In 1978, 18 farmers from the Chinese village of Xiaogang secretly signed “the document that changed the world.” Madsen Pirie of the Adam Smith Institute writes: A few years earlier they had seen 67 of their 120 population starve to death in the “Great Leap Forward” Now...
Welfare states cultivate the sin of sloth
Alfred Tennyson wrote, “In the Spring a young man’s fancy lightly turns to thoughts of love.” But each summer“in Mediterranean countries, the youth seemto be haunted by the same pressing question: ‘Will i get a proper job?'”writes Mihail Neamtu at Acton’sReligion & Liberty Transatlantic website. Neamtu, a public intellectual from Romania, writes in his penetrating essay: In Greece, unemployment stands at 42.9 percent; in Spain, unemployment is 35 percent; in Italy, it is more than 30 percent. Compared to the...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved