Christian economic theology is distinguished from Christian social ethics by its methodological reflection on the emergence, formation, and proper boundaries of the economic sphere, as well as transcendental reflection on the conditions of possibility of economic science. In practice, this often amounts to anxiety about the authority of Christianity in the economic sphere, as well as about the extent to which Christianity can be held responsible for the system of impersonal economic domination known as capitalism. This review essay draws upon (...) three recent works on or about Christian economic theology, and argues that this genre's anxiety about Christian authority manifests in the ways that it draws temporal boundaries between ancient, medieval, and modern economies. Ultimately, its ambivalence about economy itself is traceable to Aristotle's understanding of money as containing two natures, one defined by quality (use value) and the other by quantity (exchange value). Christianity here becomes a cipher for quality. (shrink)

Love and money, according to the intuitive logic of Christian political theology, stand in opposition to each other. Where economic relations obtain, relations of love are understood to be absent or distorted. The opposition between the two has led social theorists and political theologians—including John Milbank, Kathryn Tanner, and Daniel M. Bell—to understand Christian love as a reservoir of opposition to the politics of contemporary financialized capital. This opposition, however, ignores the complex interrelationship that has characterized Christian thought about love (...) and money. Love and money—and their apparent competitive relationship—have been understood throughout the history of Christian thought on the basis of a relationship both maintain to the notion of indebtedness. This paper argues that any apparent tension between Christian theological caritas and oikonomia must to be contextualized in terms of a shared relationship between both of these concepts and the organization and administration of relations of debt and obligation. (shrink)

For most of human history, economic systems were personal in nature--people normally interacted with people they knew personally and knew well. Today's modern market economies are impersonal--people normally interact with people they do not know personally. The historical movement from personal to impersonal systems was necessary for societies to develop the specialization of labor needed for modern production technologies. That is, the high standards of living in the developed world are due to these impersonal systems. However, the ethical systems theologians (...) apply to modern market systems were developed for personal societies and are often inappropriate for impersonal societies. In this article, we develop the differences between personal and impersonal systems, examine the writings of a number of theologians who are very critical of market economies, and attempt to show how a different ethical approach is needed. (shrink)

Radical Orthodoxy, a growing movement among contemporary Christian theologians, argues that the prominent philosophical paradigms of modern and postmodern thought lack transcendence, are ultimately nihilistic, and are guided by an ontology of violence. Among the thinkers Radical Orthodoxy criticizes are Hegel, Nietzsche, and Hobbes, but surprisingly also the Jewish philosopher Emmanuel Levinas, whom they claim offers an ethics for nihilists. In this essay, I analyze the claims of two prominent thinkers in Radical Orthodoxy, John Milbank and Catherine Pickstock, and argue (...) that their account of Levinas is not only unfounded but point out the ways in which Levinas himself is also just as critical of the prevailing ontology of violence that figures in modern accounts of intersubjectivity and politics. Indeed, in his own way, Levinas also offers an ontology of peace, making him an important dialogue partner for Radical Orthodoxy's construction of an alternative ethics and politics. (shrink)

Recent work in behavioral economics and psychology provides valuable resources for religious ethicists. This book discussion examines contributions by Cass Sunstein, Daniel Kahneman, George Akerlof and Rachel Kranton, Uri Gneezy and John A. List, and Douglas Hough. This literature raises important questions about ethical decision-making, moral agency and responsibility, and the ethics of life in global capitalism. It also opens up promising areas for interdisciplinary dialogue between economics and religious studies. This book discussion concludes that religious ethicists have much to (...) contribute to the conversations about moral anthropology that are now being held in behavioral economic research, and to the broader political economic debates in which this research participates. (shrink)

Although Henry David Thoreau stands outside the Christian canon, his outlook on the relations among spirituality, ecology, and economy highlights how Christian theologians can develop a theological work ethic in our era of economic and ecological precarity. He can furthermore help theologians counter the pro-work bias in much Christian thought. In Walden, Thoreau shows that the best work is an ascetic practice that reveals and reaps the abundance of nature and connects the person to the immanent divine and thereby glimpsing (...) eternity. Thoreau thus offers the outline of a transformed theology of work even as he challenges Protestant vocationalism in the early industrial era. He is therefore a fitting if challenging guide for formulating a theology of the self as agent and product of work, at a moment when the postindustrial ideal of work that is both meaningful and remunerative seems ever more unattainable while the negative impact of our work on nonhuman nature is ever more apparent. (shrink)

This paper examines how a radical incarnational starting point would change the way we view the economic order. It highlights the way in which the current system creates extreme poverty and suffering for the many and asks if this can be tolerated by Christians. It also examines the Christian underpinnings of such a system and suggests that other Christian roots would lead to alternate and more inclusive systems.