An example of running into an academic argument that causes one to pause

I like to read and I see a lot of texts and information. But, sometimes a sentence or paragraph or idea sticks out and makes me stop. Here is one such recent example:

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Adam Smith wrote the Wealth of Nations (1776) in a mercantilist era, when the only free market was the slave trade, about which he wrote nothing (Appleby 2010). He was thus not describing existing conditions. Instead, he was proposing an answer to the most important question to thinkers of his time: how to sustain a social order outside of a theological framework in which God served as both keystone and source of legitimation (Dumont 1977; Rosanvallon 1979; Carrier 1997). Early industrialization and the rise of the bourgeoisie had threatened the theological foundations of monarchical and noble rule. In response, Enlightenment political philosophy produced two conceptual pillars for the new society. One was the State, founded on popular sovereignty and the social contract. The other was the Market, based on a supposed natural right to property and the freedom to exchange (Donegani and Sadoun 2007; Audard 2009). The Classical economists’ ideal, self-regulating market, in other words, was a mechanism to replace God. (Gauthier, Francois and James Spickard. 2023. “”Pay No Attention to That Man Behind the Curtain”: a Critique of the Rational Choice Approach to Religion.” Method and Theory in the Study of Religion 35:151)

I do not have the expertise to weigh these claims. But, the final sentence caught my attention: in the shift away from religion, the market could be a substitute. Appealing to the workings of the market could fit where previously people and institutions might have appealed to religion. Where might this fit with Weber’s argument that the intertwining of religion and capitalism faded away as economic and rational logic took over? How does this fit with certain religious traditions and institutions that embrace a free market logic that might have attempted to replace them?

Because it is the end of the semester, I have limited time to follow up on this. Yet, I will explore more later. And I can clearly remember other books and articles that produced “aha” moments or unlocked a series of thoughts and other ideas that proved interesting. Maybe someday I will compile a list of such sources; they do not necessarily come along often and they are worth noting.

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