
Contents
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Introduction Introduction
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Convergence Convergence
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Cosmology Cosmology
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Natural Order Natural Order
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Divine Order Divine Order
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Anthropology Anthropology
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Immediate Consequence: Humble Realization of Contingency Immediate Consequence: Humble Realization of Contingency
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Utter Dependence on God Utter Dependence on God
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Objective Standards of Right and Wrong and Attendant Duties Objective Standards of Right and Wrong and Attendant Duties
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Architectonic Nature of Religious Belief and Praxis Architectonic Nature of Religious Belief and Praxis
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Morality is Intelligible: The Power of Human Reason Morality is Intelligible: The Power of Human Reason
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Limits to Human Autonomy and Freedom Limits to Human Autonomy and Freedom
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Accountability Accountability
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Woundedness Woundedness
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Telos and the Specific Path to it Telos and the Specific Path to it
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Human Perfectibility: Human Person in Process Human Perfectibility: Human Person in Process
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Familial Nature of Community Familial Nature of Community
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Antithesis of Prevailing Market Ethos and Praxis Antithesis of Prevailing Market Ethos and Praxis
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Nature of Economic Life Nature of Economic Life
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Thin vs Thick Theory of the Good Thin vs Thick Theory of the Good
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Beyond Allocative Efficiency Beyond Allocative Efficiency
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More Than Just Self-Interest but Moral Commitment More Than Just Self-Interest but Moral Commitment
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Goods of the Earth Goods of the Earth
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Non-Anthropocentric, Non-Instrumental View of the Earth Non-Anthropocentric, Non-Instrumental View of the Earth
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Proper Approach to Wealth: Contra Materialism Proper Approach to Wealth: Contra Materialism
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Consumption Consumption
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Production Production
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Kosher-Halal-Haram Kosher-Halal-Haram
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Profits Profits
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Dignity of Work Dignity of Work
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Distribution Distribution
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All Creation Belongs to God All Creation Belongs to God
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The World Was Created with Abundance The World Was Created with Abundance
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Centrality of Almsgiving Centrality of Almsgiving
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A Legitimate Role for Government A Legitimate Role for Government
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Symbiosis of Religion and Economic Life Symbiosis of Religion and Economic Life
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Religion’s Transformation of Socio-Economic Life Religion’s Transformation of Socio-Economic Life
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Alleviating Transactional, Monitoring, and Frictional Costs Alleviating Transactional, Monitoring, and Frictional Costs
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Building and Strengthening Civil Society Building and Strengthening Civil Society
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Economic Life as Venue for Strengthening Religion Economic Life as Venue for Strengthening Religion
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Conclusion Conclusion
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Works Cited Works Cited
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34 Analytical Synthesis: Religion and Economic Ethics
Get accessAlbino Barrera is Professor of Economics and Theology at Providence College, RI. His books include Biblical Economic Ethics, Market Complicity and Christian Ethics, Globalization and Economic Ethics, Economic Compulsion and Christian Ethics, and God and the Evil of Scarcity.
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Published:23 January 2024
Cite
Abstract
This concluding chapter to the Oxford Handbook of Religion and Economic Ethics presents three major findings. First, it traces the convergence of these religions’ teachings and practices on economic life to similarities in their foundational cosmologies and anthropologies. Socio-economic life is embedded within a much larger natural and divine economic order, which can be partly discerned in natural law. Second, it explains how these religious teachings are antithetical to modern market practices, mainstream economic thinking and policy, and even the public’s economic ethos. Third, this chapter also finds that the direction of contributions is not unidirectional, such as religion shaping economic life. Rather, it is a two-way causation with economic life improving religious practice and faith formation. Religious beliefs and practices can indeed lead to a much-improved economic life with strife, competition, and inordinate desire replaced by cooperation, temperance, and mutual solicitude, at least in theory. Economic life, in its own turn, can also lead to the furtherance of religious beliefs and practices by providing the temptations, challenges, adversity, and occasion that can drive believers to a deeper appreciation and appropriation of their faith. Indeed, there is a surprising symbiotic relationship between religion and economic life.
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