Theodicy and Commerce
Arbo, Matthew
Arbo, Matthew
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Abstract
Recent theological treatments of political economy have tended to ignore the early-modern origins from which the capital market system arose. An effort is made here to trace a specific conceptual development from the theodicies of G. W. Leibniz and Bishop William King to the economic theory of David Hume and Adam Smith, a development that implies certain theological transmutations. Both the theodicist and economist claim, for different reasons, that nature itself is capable of redeeming evils. Two theoretical shifts contributed to this development: rational optimism and conjectural historiography. Scrutinizing the mechanistic backdrop for this historical narrative discloses acute theological compromises.
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Article
Date
2014-05
Identifier
SAGE-10.1177/0953946813514007
ISSN-0953-9468
http://journals.sagepub.com/doi/10.1177/0953946813514007
ISSN-0953-9468
http://journals.sagepub.com/doi/10.1177/0953946813514007
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DOI
10.1177/0953946813514007
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SAGE Publications