The Gospel and Capitalism – Daniel Bell

What do you think of this quote from Daniel Bell, Divinations: theo-politics in an age of terror (Eugene, Or: Cascade Books, 2017) on how the gospel confronts and overcomes capitalism?

 

Paul’s gospel is the proclamation of the free gift, Messiah Jesus, that exceeds every debt, that explodes the very calculus of debt and retribution and sets in its place an aneconomic circulation of charity that recovers life in the mode of donation and lavish generosity. Here is the promise of true liberty from capital. As we share Israel’s election in Christ, we are set free from an economy whose circulation is ruled by scarcity, debt, retribution and finally death. In Christ, we share in the abundant life of the Immortal, which is not the solitude of self-sufficiency, but life lived as donation, as the ceaseless giving (and receiving) of the gift of love. In Christ, a path is opened up beyond the iron cage of sin, of capitalism, and of the Hobbesian/Weberian world where both appear to rule. In Christ we are liberated from all that would prevent us from giving, that would interrupt the flow of divine plenitude that continues through our enactment of love. We are freed from captivity to an economic order that would subject us to scarcity, competition, dominion, and debt, that would distort human desire into a proprietary and acquisitive power.

This is to say, the only way to defeat capitalism is to embrace the gift given in Christ, which is nothing less than the superabundance of grace that repositions our lives within the aneconomic order of love. So repositioned (redeemed) by love, we are enabled to give ourselves, to sacrifice without loss or end, even in the face of an economy that would eclipse gift and plenitude through the imposition of a regime of scarcity, debt, and dominion. Christ defeats capitalism as Christ heals human relations of their economic distortions and renews their circulation as donation, perpetual generosity. Capitalism is overcome as human relations are redeemed from the agony of competition and dominion and revived as the joyous conviviality of love that is the fruit of the proliferation of non-proprietary (that is, participatory) relations. Capitalism is defeated as fear is cast out—the fear of my neighbor that compels me to possess more tightly and acquire more compulsively, the fear that in giving I can only lose, the fear that death and the cross are the end of every sacrifice.

An aneconomic order of love, grace, generosity that subverts the self-interest, power, fear and ruthless competition of capitalism.

A gospel which has searching implications for our wallets, time and priorities.

Comments, as ever, welcome.

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