To: epicure who wrote (20339 ) 6/13/2005 11:57:14 PM From: Oeconomicus Read Replies (2) | Respond to of 28931 Perhaps this passage from A History of Economic Theory and Method (4th Ed., Ekelund & Hebert, 1997) will shed some light on the matter: "Early Christian thought treated the kingdom of God as being near at hand, and so it emphasized "other worldly" treasures. Production and material welfare would be superfluous in the kingdom of God. Indeed, earthly treasures were regarded as an impediment to the attainment of this heavenly kingdom. As the passage of time made the comings of this kingdom seem more distant, wealth came to be looked upon as a gift of God, furnished to promote human welfare. Christian thought therefore came to center on the "right" use of material gifts, an idea that persisted in medieval economic thought. Thus St. Basil (c. 330-379) wrote:"The good man ... neither turns his heart to wealth when he has it, nor seeks after it if he has it not. He treats what is given him not for his selfish enjoyment, but for wise administration (Works of St. Basil ... ) " Of course, there are other reasons for the Christian church - or other religious/political establishments - to urge poor followers/subjects to eschew worldly treasures. Maintaining civil order, for one. From at least the time of Plato, acquisitive behavior was seen as a threat to the status quo and, therefore, to social welfare, which depended on the ability to maintain a stable ruling class to responsibly administer the resources of the city-state. Later economic theorists (social/political philosophers, really, since economics wasn't a discipline unto itself until the 19th century) suggested efficiency requires that the working population be kept poor lest they choose to work less, reducing production. And for the ruling class, accumulation of wealth served primarily to finance national power. Kings enabled a favored few to become wealthy by granting monopoly rights over trade, but only so that they could tax it to fill royal coffers. Everyone else should be kept on the margin of subsistence. As Edgar Furniss wrote in a 1957 work, The Position of the Laborer in a System of Nationalism : "Thus the nation's destiny was conditioned upon a numerous population of unskilled laborers, driven by the very competition of their numbers to a life of constant industry at minimum wages: 'submission' and 'contentment' were useful characteristics for such a population and these characteristics could be fostered by a destruction of social ambition amongst its members." It wasn't until the dawn of capitalism that accumulation of wealth was seen as furthering social welfare. Monetary wealth serves to finance physical capital, which, combined with labor, increases productivity of that labor, resulting in higher incomes, consumption and savings - i.e. monetary wealth accumulation, which begins the virtuous circle again. I guess the point is that you shouldn't view even Christian religious doctrine as static and independent of the conditions of the times, but rather as a reflection of the conditions. As society evolved, and progressed technologically, doctrine evolved with it. What you see as inconsistency, I see as enlightenment. I seriously doubt that Jesus would look disapprovingly on accumulation of wealth that serves to better conditions for all. Rather, I think he would want to see the benefits extended to those who are still living in essentially feudal societies around the world. But in His day, as in the early church, the middle ages and up to the days of Adam Smith, the economic and social realities were entirely different from today.