You must sign in to add this item to your wishlist. Please sign in or create an account
In Economic Theology, Goodchild offers a philosophical analysis of the contemporary economy in terms of the way it structures credit and faith. The Great Financial Crisis of 2007 and onwards has exposed the extent to which the economy functions as a network of credits and debts. Credit and debt may now be understood as the driving force of economic behaviour.
In this analysis, economic theories of markets and money are also ways of ordering trust. Similarly, the institutions of money, finance and banking provide the framework enabling trust and cooperation. Goodchild explores how reliance on such theories and institutions produces disequilibrium dynamics, growing inequalities, increasing enclosure, resource depletion and breakdown. Nevertheless, the failures of the system only intensify efforts to extend the system itself.
Building on and extending Goodchild’s Theology of Money, the author exposes the extent to which humanity has become enslaved within theories and institutions of its own making. As the second volume in his Credit and Faith trilogy, Goodchild explains how the economy itself is a way of shaping time and attention, care and evaluation, trust and cooperation, so directly assuming a theological role. This volume extends the theological critique of the dynamics of financial capitalism.
Published | 23 Jun 2020 |
---|---|
Format | Ebook (Epub & Mobi) |
Edition | 1st |
Extent | 214 |
ISBN | 9781786614285 |
Imprint | Rowman & Littlefield Publishers |
Publisher | Bloomsbury Publishing |
No contemporary scholar has explored the profound interconnections of economics and theology more illuminatingly than Philip Goodchild. Marking a major advance in his thinking, his latest book offers a dazzling account of faith, trust, and credit both as the drivers of the logics of money and markets, and as potential sites of refuge from a purely economic universe. An essential, landmark study.
Paul Crosthwaite, Senior Lecturer in English Literature, University of Edinburgh
In this second volume of his opus magnum, Goodchild continues his demolition work that targets the imaginary boundaries between the economic and the theological sphere. Goodchild’s main argument, that modern economies restructure the ordering of trust through the institution of debt, ultimately invites the reader to interpret the entire world of finance from the perspective of salvation. The author does a masterful job of opening up this surprising vista in its full historical, philosophical and theological complexity.
Stefan Schwarzkopf, Associate Professor in the Department of Management, Politics and Philosophy, Copenhagen Business School, Denmark
As an economist who now works to make finance available to the poor, I receive Philip's book as a sobering reminder that we in the "social impact" world may have our intentions muddled up. I learn from Philip that it is not about "marketizing" social impact, but rather about directing care and attention to what markets do and striving for beauty rather than efficiency.
Indradeep Ghosh, Executive Director, Dvara Research
This book is available on Bloomsbury Collections where your library has access.
Get 30% off in the May sale - for one week only
Your School account is not valid for the Australia site. You have been logged out of your account.
You are on the Australia site. Would you like to go to the United States site?
Error message.