Religion and the Rise of Capitalism
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Narrated by:
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Paul Bellantoni
About this listen
From one of the nation's preeminent experts on economic policy, a major reassessment of the foundations of modern economic thinking that explores the profound influence of an until-now unrecognized force - religion.
"Friedman has given us an original and brilliant new perspective on the terrifying divisions of our own times. No book could be more important." (George A. Akerlof, Nobel Laureate in Economics)
Critics of contemporary economics complain that belief in free markets - among economists as well as many ordinary citizens - is a form of religion. And, it turns out, that in a deeper, more historically grounded sense there is something to that idea.
Contrary to the conventional historical view of economics as an entirely secular product of the Enlightenment, Benjamin M. Friedman demonstrates that religion exerted a powerful influence from the outset. Friedman makes clear how the foundational transition in thinking about what we now call economics, beginning in the eighteenth century, was decisively shaped by the hotly contended lines of religious thought within the English-speaking Protestant world. Beliefs about God-given human character, about the after-life, and about the purpose of our existence, were all under scrutiny in the world in which Adam Smith and his contemporaries lived.
Friedman explores how those debates go far in explaining the puzzling behavior of so many of our fellow citizens whose views about economic policies - and whose voting behavior - seems sharply at odds with what would be to their own economic benefit. Illuminating the origins of the relationship between religious thinking and economic thinking, together with its ongoing consequences, Friedman provides invaluable insights into our current economic policy debates and demonstrates ways to shape more functional policies for all citizens.
©2021 Benjamin M. Friedman (P)2021 Random House AudioListeners also enjoyed...
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Critic reviews
“Once theological questions are rendered into secular language, their relevance, and thus the importance of Friedman’s Religion and the Rise of Capitalism, becomes clear.... This overview cannot even begin to pay homage to the prodigious research informing Friedman’s analysis. He covers not only the main thinkers in both economics and theology, but also the less-well-known ones who helped shape their thought. He can credibly discuss the philosophy of John Locke and the science of Isaac Newton. As one reads Friedman, words like 'magisterial', 'masterpiece' and 'magnificent' floated through my thoughts.... If someone had told me that a former chairman of the Harvard economics department would write a major work on Calvinism and its influence, you would have had to consider me a skeptic. Nonetheless Friedman has, and the result is an awakening all its own.” (Alan Wolfe, The New York Times Book Review)
“Friedman has made an important contribution to the literature on the intertwining of Western economic thought with religious beliefs. His detailed tracing of the philosophical and theological roots of free market economics is well researched, well written, and well worth reading." (Carol Elsen, Library Journal, starred review)
“Of the many factors that went into the construction of the modern economic worldview undergirding capitalism, Friedman has successfully added religion back into the causal equation.” (Michael Shermer, The American Scholar)
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If socialists and Wall Street bankers can agree on anything, it is the extreme rationalism of capital. Ignoring the motive force of the spirit, capitalism rejects the awe-inspiring divine for the economics of supply and demand. Eugene McCarraher challenges this conventional view. Capitalism, he argues, is full of sacrament, whether or not it is acknowledged. Capitalist enchantment first flowered in the fields and factories of England and was brought to America by Puritans and evangelicals whose doctrine made ample room for industry and profit.
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Horrible narration
- By Anchor Ranch Farmers on 12-18-21
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Adam Smith
- Father of Economics
- By: Jesse Norman
- Narrated by: Jesse Norman
- Length: 13 hrs and 40 mins
- Unabridged
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A dazzlingly original account of the life and thought of Adam Smith, the greatest economist of all time. In Adam Smith, political philosopher Jesse Norman dispels the myths and caricatures, and provides a far more complex portrait of the man. Offering a highly engaging account of Smith's life and times, Norman explores his work as a whole and traces his influence over two centuries to the present day. Finally, he shows how a proper understanding of Smith can help us address the problems of modern capitalism.
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Most excellent book!
- By Harish G. Naik on 03-02-19
By: Jesse Norman
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The Old Religion in a New World
- The History of North American Christianity
- By: Mark A. Noll
- Narrated by: Trevor Thompson
- Length: 11 hrs and 3 mins
- Unabridged
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One of our foremost historians of religion here chronicles the arrival of Christianity in the New World, tracing the turning points in the development of the immigrant church that have led to today's distinctly American faith. Taking a unique approach to this fascinating subject, Noll focuses on what was new about organized Christian religion on the American continent by comparison with European Christianity.
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Fascinating!
- By Margaret on 08-24-19
By: Mark A. Noll
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The Demon in Democracy
- Totalitarian Temptations in Free Societies
- By: Ryszard Legutko, John O'Sullivan, Teresa Adelson
- Narrated by: Liam Gerrard
- Length: 9 hrs and 6 mins
- Unabridged
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Ryszard Legutko lived and suffered under communism for decades - and he fought with the Polish anti-communist movement to abolish it. Having lived for two decades under a liberal democracy, however, he has discovered that these two political systems have a lot more in common than one might think. They both stem from the same historical roots in early modernity, and accept similar presuppositions about history, society, religion, politics, culture, and human nature.
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Important book on political philosophy
- By Wayne on 08-02-19
By: Ryszard Legutko, and others
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The Battle for God
- A History of Fundamentalism
- By: Karen Armstrong
- Narrated by: Lisa Armytage, Karen Armstrong
- Length: 22 hrs and 9 mins
- Unabridged
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In the late 20th century, fundamentalism has emerged as one of the most powerful forces at work in the world, contesting the dominance of modern secular values and threatening peace and harmony around the globe. Yet it remains incomprehensible to a large number of people. In The Battle for God, Karen Armstrong brilliantly and sympathetically shows us how and why fundamentalist groups came into existence and what they yearn to accomplish.
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The most important book you haven’t read yet
- By D. A. Vail on 12-29-20
By: Karen Armstrong
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Suicide of the West
- How the Rebirth of Tribalism, Populism, Nationalism, and Identity Politics is Destroying American Democracy
- By: Jonah Goldberg
- Narrated by: Jonah Goldberg
- Length: 16 hrs and 3 mins
- Unabridged
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Only once in the last 250,000 years have humans stumbled upon a way to lift ourselves out of the endless cycle of poverty, hunger, and war that defines most of history. If democracy, individualism, and the free market were humankind’s destiny, they should have appeared and taken hold a bit earlier in the evolutionary record. The emergence of freedom and prosperity was nothing short of a miracle.
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Put some gratitude in your attitude
- By Amazon Customer on 04-25-18
By: Jonah Goldberg
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Worshipping the State
- How Liberalism Became Our State Religion
- By: Benjamin Wiker PhD
- Narrated by: Ken Maxon
- Length: 11 hrs and 28 mins
- Unabridged
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Many Christians feel that they are being opposed at every turn by what seems to be a well-orchestrated political and cultural campaign to de-Christianize every aspect of Western culture. They are right, and it goes even further back than the Obama Administration. In Worshipping the State: How Liberalism Became Our State Religion, Benjamin Wiker argues that it is liberals who seek to establish an official state religion: one of unbelief.
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An Excellent Excellent book
- By Rara Sh on 01-22-24
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Bourgeois Equality
- How Ideas, Not Capital or Institutions, Enriched the World
- By: Deirdre N. McCloskey
- Narrated by: Marguerite Gavin
- Length: 29 hrs and 38 mins
- Unabridged
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Few economists or historians write like McCloskey - her ability to invest the facts of economic history with the urgency of a novel, or of a leading case at law, is unmatched. She summarizes modern economics and modern economic history with verve and lucidity yet sees through to the really big scientific conclusion. Not matter, but ideas. Big books don't come any more ambitious or captivating than Bourgeois Equality.
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How the world got rich
- By Andrew Cooper-Sansone on 01-26-23
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We the Fallen People
- The Founders and the Future of American Democracy
- By: Robert Tracy McKenzie
- Narrated by: Bob Souer
- Length: 10 hrs and 24 mins
- Unabridged
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We the Fallen People presents a close look at the ideas of human nature to be found in the history of American democratic thought. McKenzie, following C. S. Lewis, claims there are only two reasons to believe in majority rule: because we have confidence in human nature - or because we don't. The Founders subscribed to the biblical principle that humans are fallen and their virtue is always doubtful, and they wrote the US Constitution to frame a republic intended to handle our weaknesses.
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Thoughtful reflection and historical perspective, but ultimately no easy answer
- By Brandon on 03-28-23
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The Idea of America
- Reflections on the Birth of the United States
- By: Gordon S Wood
- Narrated by: Robert Fass
- Length: 12 hrs and 58 mins
- Unabridged
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The preeminent historian of the American Revolution explains why it remains the most significant event in our history
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Sophisticated analyses
- By Roger on 01-25-12
By: Gordon S Wood
What listeners say about Religion and the Rise of Capitalism
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- Noah Webster
- 04-29-21
Sorta Conventional Wisdom
The only danger of a book written by a Harvard academic is that it is generally a well articulated and reasoned version of conventional wisdom - at least East Coast liberal conventional wisdom.
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- Ekele Onuh Oscar
- 04-27-21
interesting piece of work
this book is voluminous because it is trying to show the history of economic thought as it pertains to religious influence. from Smith to Malthus to Keynes and Hayek.
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- AdvancingTheFrontiersofKnowledge
- 08-30-22
Excellent.
This is an excellent exposition of the history of religious thought blending with modern economics.
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- Alysha DeShaé
- 12-30-21
meh
I feel as though this book covered a lot of stuff that doesn't really relate to the topic at hand. But then again, I also feel as though I didn't understand much of it and I can't tell if that's because I was bored, it was poorly written, or something else. 😹
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- Donna Carlson Reeves
- 01-08-23
Excellent !
Thoughtful well written and engrossing from beginning to end. I’m not sure I agree with all of the authors conclusions but his review of the history and proposals of explanation of present voting patterns are
perceptive.
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- Anonymous User
- 02-03-21
All American's are Presbyterian naturalists
All American's are, at least, Presbyterian naturalists via their political economy. Friedman's work begins with origins in the Scottish Enlightenment of the ideas lying around which led to Adam Smith's Wealth of Nations. His and other philosophical works then & the two centuries since live on in the western world as modern political economy. The birth of economics and its fusion with religion are explained in a compellingly told history of both US Christianity and its two-party system.
Consider two other recent titles also written without intent to proselytize that explain Christianity's effect on shaping today. Joe Henrich's WEIRDest People in the World examines shared western psychology & the cultural evolution from cult of family to individualism stemming from religious prohibitions. Tom Holland's Dominion details the through-line from Enlightenment ideas to today's culturally shared Western values and societal structures.
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5 people found this helpful
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- Kindle Customer
- 04-18-21
Great history . . .
Not just about economics. Great political and theological history woven together skillfully as well as the impact on economic attitudes and actions..
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- Kau'i Baumhofer
- 07-09-21
Learned a lot from this book
The first half of the book was a bit dry, but I thought the second half (especially the last three chapters) had a lot of good information explaining the mechanism behind why socially conservative low-income voters consistently vote against their economic interests.
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- Richard Redano
- 03-20-21
A+ in History; D+ in Geography
While I purchased this book for its history of capitalism, I found its history of Protestantism to be comprehensive and fascinating. The book rates an A+ in history. Unfortunately, the book’s command of geography is less impressive. Near the end of Chapter 1, the author states, “Canada and Mexico are the only two countries that share borders with the US.” This statement ignores the maritime borders that the US shares with several countries, including The Bahamas, The U.K. (B.V.I), and Samoa. This apparent unawareness of U.S. territories merits a D+ in geography.
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- R. MacDonald
- 07-04-23
Brookings Institute Slop
Could not make it through the propaganda past the 3rd chapter. I expected a humbled work that accounts for the train wreck of the last at least 20+ years that blew up Fukuyama's consensus. I don't need it to sing The International but Jesus Christ these liberals are as delusional about capitalism as they were in Russiagate.
Ultimately the insult to my intelligence or perhaps their genuine fanaticism is what made me call it quits but it seems like the author wasn't going to say anything anyways. Religion and the Rise of Capitalism is a good title and you can imagine as I did all kinds of interesting connections that might await assuming a certain degree of criticism can be broached. Without that willingness you just have this dork being like "You know actually even though it was the enlightenment religion was still really important in the 1700s so they had to have thought about it!" Like that isn't the single most trite crap they could have made a book about. Embarrassing, but people like this only have their prestige and power for the service they render to power, not brains.
Second time the New Releases wall at Barnes and Noble got me. There will not be a third.
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