Capital Gains

Article by Diedre McCloskey

Any society, Christian or not, has both a sacred sphere and a profane sphere, a sphere in which love and obligation determine who gets what as against the sphere in which prudence and courage do so. And the two cannot be disentangled. We all live in families, and a church can be viewed from this …

Captialism and Christianity: Pulling on Both Oars

Article by Robert Bachelder

A battle has been joined that is reminiscent of an earlier episode in church history. Fundamentalists and modernists in the oldline Protestant churches once disputed the proper relationship between religion and science, or between scriptural revelation and a rationalist outlook inherited from the Enlightenment. That fight was resolved in favor of the modernists who maintained …

Connecting Ministry with the Corporate World

Article by David A. Krueger

For some people religious life and business practice are integrally related in a creative tension. For others-both clergy and business professionals-the worlds of church and corporate life are galaxies apart, separated by ignorance, hostility, apathy, language, interests, values. But to profess Christ and participate in the Christian community requires us to affirm a connection between …

Economism as Idolatry

Article by John B. Cobb, Jr.

  From the mid-seventeenth century to the mid-twentieth century nationalism was the dominant force in Western history. It took over from Christianity when Christian fanaticism plunged Europe into appalling and intolerable conflicts. The era of nationalism came to an end when it, in turn, plunged Europe and the whole world into appalling and intolerable conflicts. …

Food Fight

Article by Bill McKibben

Book Review: The Essential Agrarian Reader. Edited by Norman Wirzba. University Press of Kentucky, 256 pp.   The farmer’s diner in Barre, Vermont, serves the foods you would expect at a diner — ham and eggs, home fries, hamburgers, milkshakes. And it serves them at prices you would expect — the average check is about …

For Richer

Article by Paul Krugman

When I was a teenager growing up on Long Island, one of my favorite excursions was a trip to see the great Gilded Age mansions of the North Shore. Those mansions weren’t just pieces of architectural history. They were monuments to a bygone social era, one in which the rich could afford the armies of …

Norman Thomas: Socialism and the Social Gospel

Article by Elizabeth Balanoff

Thomas’s thought, wrote one biographer, was a mixture of Christianity, anarchism and Marxism (Bernard J. Johnpoll, Pacifist’s Progress: Norman Thomas and the Decline of American Socialism, Quadrangle, 1970). The biographer might just as accurately have characterized it as an outgrowth of the 19th-century Social Gospel movement. Walter Rauschenbusch, who developed a Social Gospel theology most …

Rights and Wrongs, an Interview with Nicholas Wolterstorff

Article by Nicholas Wolterstorff

The Christian philosopher Nicholas Wolterstorff has pursued a broad range of interests, including political philosophy, aesthetics, metaphysics and the philosophy of religion. He was recently professor of philosophical theology at Yale University and before that taught for many years at his alma mater, Calvin College. He has been president of the American Philosophical Association (Central …

Socialism and Sin

Article by Bruce Douglass

Much of the political comment coming from theologians these days has a socialist flavor. I was surprised, therefore, to find a theologian arguing the case for capitalism in the editorial pages of the Washington Post (“A Closet Capitalist Confesses,” March 14, 1976). Especially was it surprising to find Michael Novak in this role, for in …

Taming the Beast

Article by Douglas A. Hicks

Book Review: The Soul of Capitalism: Opening Paths to a Moral Economy. By William Greider: Simon & Schuster 384 pp. Saving Adam Smith: A Tale of Wealth, Transformation, and Virtue. By Jonathon B. Wight. Financial Times/ Prentice Hall. 352 pp. In the compelling story of capitalism the protagonist is the free individual who willingly exchanges …

Will China Democratize?

Article by Franklin Woo

Professor of political science at Columbia University Andrew J. Nathan is keen on the tenacity of the Chinese Communist Party (CCP) to survive and stay in power, by its selective responses to the demands of certain sectors of Chinese populace and expedient reforms and relatively democratic ways within the government—all are to him, indications of …