Any vision of capitalism's future prospects must take into account the powerful cultural influence Catholicism has exercised throughout the world. The Church had for generations been reluctant to come to terms with capitalism, but, as Michael Novak argues in this important book, a hundred-year-long debate within the Church has yielded a richer and more humane vision of capitalism than that described in Max Weber's classic The Protestant Ethic and the Spirit of Capitalism. Novak notes that the influential Catholic intellectuals who, early in this century saw through Weber's eyes an economic system marked by ruthless individualism and cold calculation had misread the reality. For, as history has shown, the lived experience of capitalism has depended to a far greater extent than they had realized on a culture characterized by opportunity, cooperative effort, social initiative, creativity, and invention. Drawing on the major works of modern Papal thought, Novak demonstrates how the Catholic tradition has come to reflect this richer interpretation of capitalist culture. In 1891, Pope Leo XIII condemned socialism as a futile system, but also severely criticized existing market systems. In 1991, John Paul II surprised many by conditionally proposing "a business economy, a market economy, or simply free economy" as a model for Eastern Europe and the Third World. Novak notes that as early as 1963, this future Pope had signaled his commitment to liberty. Later, as Archbishop of Krakow, he stressed the "creative subjectivity" of workers, made by God in His image as co-creators. Now, as Pope, he calls for economic institutions worthy of a creative people, and for political and cultural reformsattuned to a new "human ecology" of family and work. Novak offers an original and penetrating conception of social justice, rescuing it as a personal virtue necessary for social activism. Since Pius XI made this idea canonical in 1931, the term has been rejected by the Right as an oxymoron and misused by the Left as a party platform. Novak applies this newly formulated notion of social justice to the urgent worldwide problems of ethnicity, race, and poverty. His fresh rethinking of the Catholic ethic comes just in time to challenge citizens in those two large and historically Catholic regions, Eastern Europe and Latin America, now taking their first steps as market economies, as well as those of us in the West seeking a realistic moral vision.

Author's best-known and most controversial study relates the rise of a capitalist economy to the Puritan belief that hard work and good deeds were outward signs of faith and salvation.

Because of the Protestant ethic's emphasis on achievement and self-reliance, charitable acts become fraught with concern, worry, and hesitancy. Distinguishing between the poor who are worthy and those deemed unworthy becomes an essential part of the helping activity.

"This book offers a new take on why, in the West, the economy has become synonymous with a belief in the creation of infinite wealth. It does so by turning to the long-suppressed role played by the Catholic Church in the development of capitalism in 18th-century France. Then a dominant and highly influential power, France was rocked by intellectual tumult and confessional clashes, as well as consumer and political revolutions. The church functioned as a de facto state bank, and its clerics thought deeply and extensively about financial matters. Charly Coleman argues that these theologians' long neglected writings show a convergence of economic thought grounded in theological concepts --- what he terms "economic theology" --- whether in managing the debt of sin or marshaling the infinite wealth of divine grace. A counterpart of sorts to Max Weber's famous thesis on The Protestant Ethic and the Spirit of Capitalism, the case here is made for a distinctly Catholic ethic, one that has animated the spirit of capitalism from its inception. The influence of sacramental theory demonstrates that at its core modern economic understanding does not adhere neatly to rational action or disenchanted designs, and in ways that scholars have yet to apprehend fully. Even during the Enlightenment, a sense of the miraculous did not wither away in the cold light of calculation. Rather, it emerged anew as a faith invested in the limitless, endlessly creative expansion of the economic realm"--

30 years after the release of his ground-breaking work, The Spirit of Democratic Capitalism, Michael Novak returns to answer the question of what gives rise to democratic capitalism - that intricate blend of commerce and rule of law that encourages peace and global trade. This essay is vital to understanding the intangible environment that best inspires human flourishing, as it discovers capitalism's essence, and uncovers what truly fosters creativity.Novak articulates how democratic capitalism works toward creating, not just consuming, wealth, along with encouraging ambition, discipline, and mutual benefit. He explains how critics fail to consider the interaction between the system and the role that economic, political, and moral liberties play in comprehensive human flourishing.This new and exciting work enlivens the connection between the Bible and democratic capitalism by showcasing how seamlessly the dynamic polity fits with the imperatives of human capacity and drive.

Using both historical and survey research, Tropman outlines a Catholic ethic that is distinctive in its sympathy and outreach toward the poor, and in its emphasis on family and community over economic success.

One of the world’s most celebrated theologians argues for a Protestant anti-work ethicIn his classic The Protestant Ethic and the Spirit of Capitalism, Max Weber famously showed how Christian beliefs and practices could shape persons in line with capitalism. In this significant reimagining of Weber’s work, Kathryn Tanner provocatively reverses this thesis, arguing that Christianity can offer a direct challenge to the largely uncontested growth of capitalism.Exploring the cultural forms typical of the current finance-dominated system of capitalism, Tanner shows how they can be countered by Christian beliefs and practices with a comparable person-shaping capacity. Addressing head-on the issues of economic inequality, structural under- and unemployment, and capitalism’s unstable boom/bust cycles, she draws deeply on the theological resources within Christianity to imagine anew a world of human flourishing. This book promises to be one of the most important theological books in recent years.

We live in a profoundly spiritual age, but not in any good way. Huge swaths of American culture are driven by manic spiritual anxiety and relentless supernatural worry. Radicals and traditionalists, liberals and conservatives, together with politicians, artists, environmentalists, followers of food fads, and the chattering classes of television commentators: America is filled with people frantically seeking confirmation of their own essential goodness. We are a nation desperate to stand of the side of morality--to know that we are righteous and dwell in the light. In An Anxious Age, Joseph Bottum offers an account of modern America, presented as a morality tale formed by a collision of spiritual disturbances. And the cause, he claims, is the most significant and least noticed historical fact of the last fifty years: the collapse of the mainline Protestant churches that were the source of social consensus and cultural unity. Our dangerous spiritual anxieties, broken loose from the churches that once contained them, now madden everything in American life. Updating The Protestant Ethic and the Sprit of Capitalism, Max Weber's sociological classic, An Anxious Age undertakes two case studies of contemporary social classes adrift in a nation without the religious understandings that gave them meaning. Looking at the college-educated elite he calls "the Poster Children," Bottum sees the post-Protestant heirs of the old mainline Protestant domination of culture: dutiful descendants who claim the high social position of their Christian ancestors even while they reject their ancestors' Christianity. Turning to the Swallows of Capistrano, the Catholics formed by the pontificate of John Paul II, Bottum evaluates the early victories--and later defeats--of the attempt to substitute Catholicism for the dying mainline voice in public life. Sweeping across American intellectual and cultural history, An Anxious Age traces the course of national religion and warns about the strange angels and even stranger demons with which we now wrestle. Insightful and contrarian, wise and unexpected, An Anxious Age ranks among the great modern accounts of American culture.

A century after the publication of Max Weber's The Protestant Ethic and the "Spirit" of Capitalism , a major new work examines network-based organization, employee autonomy and post-Fordist horizontal work structures.

This title was first published in 2003. Fields traces the origins of recent economic growth in Ireland over a long period of development. In doing so, he opens up an old debate with new data, interpretations and evidence that will force many to question existing truths about the role of religion in economic growth. The work is founded on an innovative methodology and unique primary and secondary resource material that has never been used in a study of this kind. This is timely as the area has a growing international market and addresses some recently ignored themes in the Social Sciences, in particular religion. Whilst concerned with global issues this text also focuses on one country which economists and sociologists as well as those in other Social Sciences areas will find of great interest.