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  1. Capitalism as Religion. "Capitalism as Religion" (German: Kapitalismus als Religion) is Walter Benjamin 's (1892—1940) unfinished work, written in 1921. It was published in 1985 and forms part of Benjamin's early sketches on social and political theory, religion, and the theory of history. In this fragment, [ Note 1 ] Benjamin argues that ...

  2. Jun 9, 2020 · He argues that: …capitalism is a form of enchantment—perhaps better, a mis enchantment, a parody or perversion of our longing for a sacramental way of being in the world. Its animating spirit is money. Its theology, philosophy, and cosmology have been otherwise known as “economics.”. Its sacramentals consist of fetishized commodities ...

  3. Capitalism as Religion’ is the title of one of the most penetrating posthumous fragments of Walter Benjamin. That socialism might be something like a religion has been observed many times (among others, by Carl Schmitt: ‘Socialism purports to create a new modern religion, which would have the same meaning for the people of the 19th and 20th centuries as Christianity did for the people ...

  4. Mar 22, 2021 · What does capitalism believe in?” He writes that capitalism is a religion based on faith. Capitalism is not simply the secularization of the Protestant faith. Agamben writes that capitalism is a religion where faith and credit replace God. Ever since money became a pure form of trust, capitalism has become a religion in which money is the God.

    • Anatolii Denysenko
    • 2021
  5. Nov 24, 2016 · However, the optimism and faith in the ‘invisible hand’ that characterize this theory are remnants of a theological concept of natural order: it is a religious faith. 31 The ‘spirit of capitalism’, its ‘credo’, as Marx calls it, consists in a religious-type faith, what Benjamin terms a ‘cultic religion’, in which the ‘invisible hand’ ‘harmonizes’ nothing, but instead ...

    • Mauro Ponzi
    • 2017
  6. Apr 5, 2022 · The second part traces crucial interactions between religion and capitalism in the West: in the European origins of modern capitalism and in Britain’s pioneering industrial revolution. A hostile religious reaction to capitalism might have been expected in response to the odious institution of slavery.

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  8. Oct 18, 2023 · While Weber, at the end of the Protestant Ethic and the Spirit of Capitalism, essentially argued capitalism lost its religious foundations, others have seen it as the new god of modernity – for example, the promise of absolute wealth – or at least as an expression of religion, as in the devotion to money (see Deutschmann, 2001a, 2001b). As such, the idea that capitalism is predicated upon ...

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