Recent studies have investigated connections between Adam Smith’s economic and philosophical ideas and Catholic Social Teaching (CST). Scholars argue that their common background lies in their respective anthropologies, both endorsing a relational view of human beings. I raise one main concern regarding these analyses. I suggest that the relationality endorsed by Smith lacks a central element present in CST—the other-oriented perspective which is the intentional concern for promoting the good of others. Some key elements of CST, such as love, gift, (...) gratuitousness, and fraternity, find a very different space in Smith’s social view and very little space in his economic view. Moreover, I show how CST relationality is more in accordance with a civil economy view of the market as a place of fraternity and mutual assistance. (shrink)

Although Novak recognizes himself as a disciple of Maritain, especially in his thesis on the Christian origins of democracy, the differences between the two in their views on the capitalist economy are evident. However, in his famous book, The Spirit of Democratic Capitalism, and in other previous works, Novak tries to show some possible bridges between Maritain’s thought and the virtues of American capitalism. This attempt is actually part of a larger project by Novak: that of showing the essential compatibility (...) of Catholicism with capitalism. The purpose of this article is to show, based on Novak’s thought in relation to Maritain, the possibilities and difficulties of this attempt. (shrink)

Abstract In ?The Worth of Nations? I proposed that nationalism was a major factor in the emergence of the modem, growth?oriented economy. In response to criticisms, I demonstrate here the nationalistic inspiration of seventeenth?century English?or British?economic tracts. Urging a reconsideration of earlier approaches (such as that of W.W. Rostow) to the problem of why?rather than how?the modern economy emerged, I agree with Max Weber's challenge to the naturalness of our proclivity for constant economic expansion, while departing from his explanation for (...) it. (shrink)

The Weber thesis on a hypothetical imprint of Protestantism in the «spirit» of capitalism has been widely spread. Not willing to discredit his proposal, the truth is that, being falsifiable with difficulty, some careless wordings have been derived from it claiming to explain the present economical circumstances through differential religious facts. Being religion an unparalleled all covering feature, such circumstances depend on many factors. It has been claimed some scientific status through the most diverse socioeconomic data. This is something also (...) applicable to those who claim to refute him. The intoxication so emanated from the Weber’s work seems disconcerting, seeing in it from an attempt to legitimate capitalism to a confirmation of the Black Legend. This work does not try to support or reject the thesis, but to investigate the kind of issues that could cause its formulation. For this purpose, it focuses on less usual questions, such as the analysis of the doctrinal features of Protestantism from which the Weber’s arguments would arise. (shrink)

Religion has been in general neglected or even seen as a taboo subject in organizational research and management practice. This is a glaring omission in the business and society and business ethics literatures. As a source of moral norms and beliefs, religion has historically played a significant role in the vast majority of societies and continues to remain relevant in almost every society. More broadly, expectations for responsible business behavior are informed by regional, national, or indigenous cultures, which in many (...) parts of the world are heavily influenced by religious belief systems and religious institutions. In this essay, we discuss examples of how religion has functioned as a macro social force affecting business and society, discuss some of the key questions and issues related to research in this domain, offer some observations about why religion may be problematic with regard to its effects on business, and conclude by summarizing the articles contained in the special issue. (shrink)

For many reasons, it is true that the Protestant Reformation unleashed the forces that lay behind the emergence of capitalism. Such a system was compatible with the emancipation of individuals, their mentalities, due to specific societal reforms and transformations. Therefore, it gave birth, in an unprecedented way, to a “new form of capitalism”. But the main idea I want to stress in this article is that the capitalist ethos was present before the Reformation, many centuries ago, in what is called (...) now the “Christian spirit”. In this direction, I emphasize many theories which disagree with the Weber’s well-known thesis about the relation between capitalism and religion, especially when it comes to generalize a particular result that is both theologically vague and empirically disprovable. (shrink)