Wednesday, April 04, 2007

Economics Influenced by Religion

In an imperfect world with imperfect people, who do you want to attempt to control your inevitable, economic activity, secular lawyers, or religion? The Church made this noble attempt in the Middle-Ages, without perfect success, of course, but they at least didn’t give up and redefine greed as “free enterprise,” and avarice as “economics,” to use the terms R. H. Tawney used. The Church insisted that economics was the servant not the master of civilization, which it eventually became.

Economics should once again be influenced by religion, in a system strong enough to stand against criminal unscrupulousness but elastic enough to admit legitimate transactions, admitting the imperfection of man, unlike communists and capitalists who believe that perfection is possible.

Should usury once again be prohibited? It should be policed at least by a religious ethos.

No comments:

Post a Comment