Bethany Morton's book on Walmart workers and protestant fundamentalism (Doug had her on his show) is a good entry point for considering how compatible capitalism and religion can be, and how coherent the conservative view therefore is.
SA
farmelantj at juno.com wrote:
> Well many of the more serious
> thinkers on the right will concede
> that the free market is destructive
> of tradition and traditional values.
> Yes, many of them look to religion
> to religion to provide a check
> on the destructive effects of the market.
> The problem is that capitalism does
> seem to promote tendencies towards
> secularism: religion being one of
> the traditions that capitalism undermines.
> That's one example of what Daniel
> Bell, many years ago, called the
> "cultural contradictions of capitalism."
> Capitalism, in his view, depended on
> the cultural inheritance of religion
> and other cultural traditions in
> order to maintain the values and
> attitudes (like the work ethic)
> that are necessary to capitalism to
> thrive. But in his view, capitalism
> over time promoted a hedonistic ethic
> that undermined those very traditions
> that had sustained capitalism.
>
> Bell's argument was not too different
> from the ones that Joseph Schumpeter
> gave in his writings like *Capitalism,
> Socialism, and Democracy*. Both men,
> were of course, not unfamiliar with
> Marx's analysis of this situation too.
>
> Of course there are many conservatives
> who will deny that there is a problem
> here, but as I said before, contemporary
> conservatism is pretty much brain dead,
> so no surprises there.
>
>
> Jim Farmelant
>
> ---------- Original Message ----------
> From: Doug Henwood <dhenwood at panix.com>
> To: lbo-talk at lbo-talk.org
> Subject: Re: [lbo-talk] Conservatism
> Date: Mon, 14 Sep 2009 14:44:19 -0400
>
>
>
> On Sep 14, 2009, at 2:30 PM, farmelantj at juno.com wrote:
>
>
>> There was among other things the
>> obvious thing that a full throated defense
>> of free market capitalism is incompatible
>> with the defense of traditionalism, since
>> capitalism itself is the greatest force
>> for undermining and destroying time hallowed
>> traditions as Marx noted long ago.
>>
>
> Of course you could deny that the market destroyed tradition and say
> instead that you need the moral inheritance of religion to act as a
> check on market passions. Or you could argue, as do many of our
> fundies, that the market is a wonderful mechanism of reward and
> punishment to keep us fallen humans in line, with worldly success as a
> kind of visible measure of virtue.
>
>
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