Religion and the Rise of Capitalism
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Religion and the Rise of Capitalism

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Religion and the Rise of Capitalism

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In one of the truly great classics of twentieth-century political economy, R. H. Tawney addresses the question of how religion has affected social and economic practices. He does this by a relentless tracking of the influence of religious thought on capitalist economy and ideology since the Middle Ages. In so doing he sheds light on why Christianity continues to exert a unique role in the marketplace. In so doing, the book offers an incisive analysis of the historical background of present morals and mores in Western culture.Religion and the Rise of Capitalism is even more pertinent now than when it first was published; for today it is clearer that the dividing line between spheres of religion and secular business is shifting, that economic interests and ethical considerations are no longer safely locked in separate compartments. By examining that period which saw the transition from medieval to modern theories of social organization, Tawney clarifies the most pressing problems of the end of the century. In tough, muscular, richly varied prose, he tells an absorbing and meaningful story. And in his new introduction, which may well be a classic in its own right, Adam Seligman details Tawney's entire background, the current status of social science thought on these large issues, and a comparative analysis of Tawney with Max Weber that will at once delight and inform readers of all kinds.

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CHAPTER I
THE MEDIEVAL BACKGROUND
“La misĂ©ricorde de Dieu est infinie: elle sauvera mĂ©me un riche.”
ANATOLE FRANCE, Le Puits de Sainte Claire.
CHAPTER I
THE MEDIEVAL BACKGROUND
“QUE pourrions-nous gagner,” once wrote a celebrated economist, “à recueillir des opinions absurdes, des doctrines dĂ©criĂ©es, et qui mĂ©ritent de l’ĂȘtre? Il serait Ă  la fois inutile et fastidieux de les exhumer.” 1 One who studies the development of social theory can hardly hope to avoid the criticism which is brought against those who disturb the dust in forgotten lumber-rooms. If he seeks an excuse beyond his own curiosity, he may find it, perhaps, in the reflection that the past reveals to the present what the present is capable of seeing, and that the face which to one age is a blank may to another be pregnant with meaning. Writing when economic science was in the first flush of its dogmatic youth, it was natural that Say should dismiss as an unprofitable dilettantism an interest in the speculations of ages unillumined by the radiance of the new Gospel. But to determine the significance of opinion is, perhaps, not altogether so simple a matter as he supposed. Since the brave days when Torrens could say of Political Economy, “Twenty years hence there will scarcely exist a doubt respecting any of its fundamental principles,” 2 how many confident certainties have been undermined! How many doctrines once dismissed as the emptiest of superstitions have revealed an unsuspected vitality!
The attempt to judge economic activity and social organization by ethical criteria raises problems which are eternal, and it is possible that a study of the thought of an age when that attempt was made, if with little success, at least with conviction and persistence, may prove, even today, not wholly without instruction. In the present century, the old issues seem, indeed, to have acquired a new actuality. The philosophy which would keep economic interests and ethical idealism safely locked up in their separate compartments finds that each of the prisoners is increasingly restive. On the one hand, it is evident that the whole body of regulations, by which modern societies set limits to the free play of economic self-interest, implies the acceptance, whether deliberate or unconscious, of moral standards, by reference to which certain kinds of economic conduct are pronounced illegitimate. On the other hand, there are indications that religious thought is no longer content to dismiss the transactions of business and the institutions of society as matters irrelevant to the life of the spirit.
Silently, but unmistakably, the conception of the scope and content of Christian ethics which was generally, though not universally, accepted in the nineteenth century, is undergoing a revision; and in that revision the appeal to the experience of mankind, which is history, has played some part, and will play a larger one. There have been periods in which a tacit agreement, accepted in practice if not stated in theory, excluded economic activities and social institutions from examination or criticism in the light of religion. A statesman of the early nineteenth century, whose conception of the relations of Church and State appears to have been modeled on those of Mr. Collins and Lady Catherine de Bourgh, is said to have crushed a clerical reformer with the protest, “Things have come to a pretty pass if religion is going to interfere with private life”; and a more recent occupant of his office has explained the catastrophe which must follow, if the Church crosses the Rubicon which divides the outlying provinces of the spirit from the secular capital of public affairs.3
Whatever the merit of these aphorisms, it is evident today that theline of division between the spheres of religion and secular business, which they assume as self-evident, is shifting. By common consent the treaty of partition has lapsed and the boundaries are once more in motion. The age of which Froude, no romantic admirer of ecclesiastical pretensions, could write, with perhaps exaggerated severity, that the spokesmen of religion “leave the present world to the men of business and the devil,” 4 shows some signs of drawing to a close. Rightly or wrongly, with wisdom or with its opposite, not only in England but on the Continent and in America, not only in one denomination but among Roman Catholics, Anglicans, and Nonconformists, an attempt is being made to restate the practical implications of the social ethics of the Christian faith, in a form sufficiently comprehensive to provide a standard by which to judge the collective actions and institutions of mankind, in the sphere both of international politics and of social organization. It is being made today. It has been made in the past. Whether it will result in any new synthesis, whether in the future at some point pushed farther into the tough world of practical affairs men will say,
Here nature first begins
Her farthest verge, and chaos to retire
As from her outmost works, a broken foe,
will not be known by this generation. What is certain is that, as in the analogous problem of the relations between Church and State, issues which were thought to have been buried by the discretion of centuries have shown in our own day that they were not dead, but sleeping. To examine the forms which they have assumed and the phases through which they have passed, even in the narrow field of a single country and a limited period, is not mere antiquarianism. It is to summon the living, not to invoke a corpse, and to see from a new angle the problems of our own age, by widening the experience brought to their consideration.
In such an examination the sixteenth and seventeenth centuries are obviously a critical period. Dr. Figgis 5 has described the secularization of political theory as the most momentous of the intellectual changes which ushered in the modern world. It was not the less revolutionary because it was only gradually that its full consequences became apparent, so that seeds which were sown before the Reformation yielded their fruit in England only after the Civil War. The political aspects of the transformation are familiar. The theological mould which shaped political theory from the Middle Ages to the seventeenth century is broken; politics becomes a science, ultimately a group of sciences, and theology at best one science among others. Reason takes the place of revelation, and the criterion of political institutions is expediency, not religious authority. Religion, ceasing to be the master-interest of mankind, dwindles into a department of life with boundaries which it is extravagant to overstep.
The ground which it vacates is occupied by a new institution, armed with a novel doctrine. If the Church of the Middle Ages was a kind of State, the State of the Tudors had some of the characteristics of a Church; and it was precisely the impossibility, for all but a handful of sectaries, of conceiving a society which treated religion as a thing privately vital but publicly indifferent, which in England made irreconcilable the quarrel between Puritanism and the monarchy. When the mass had been heated in the furnace of the Civil War, its component parts were ready to be disengaged from each other. By the end of the seventeenth century the secular State, separate from the Churches, which are subordinate to it, has emerged from the theory which had regarded both as dual aspects of a single society. The former pays a shadowy deference to religion; the latter do not meddle with the external fabric of the political and social system, which is the concern of the former. The age of religious struggles virtually ends with the Treaty of Westphalia in 1648. The age of the wars of economic nationalism virtually begins with the war between England and Holland under the Commonwealth and Charles II. The State, first in England, then in France and America, finds its sanction, not in religion, but in nature, in a presumed contract to establish it, in the necessity for mutual protection and the convenience of mutual assistance. It appeals to no supernatural commission, but exists to protect individuals in the enjoyment of those absolute rights which were vested in them by the immutable laws of nature. “The great and chief end of men uniting into commonwealths and putting themselves under government is the preservation of their property.” 6
While the political significance of this development has often been described, the analogous changes in social and economic thought have received less attention. They were, however, momentous, and deserve consideration. The emergence of an objective and passionless economic science took place more slowly than the corresponding movement in the theory of the State, because the issues were less absorbing, and, while one marched in the high lights of the open stage, the other lurked on the back stairs and in the wings. It was not till a century after Machiavelli had emancipated the State from religion, that the doctrine of the self-contained department with laws of its own begins generally to be applied to the world of business relations, and even in the England of the early seventeenth century, to discuss questions of economic organization purely in terms of pecuniary profit and loss still wears an air of not quite reputable cynicism. When the sixteenth century opens, not only political but social theory is saturated with doctrines drawn from the sphere of ethics and religion, and economic phenomena are expressed in terms of personal conduct, as naturally and inevitably as the nineteenth century expressed them in terms of mechanism.
Not the least fundamental of divisions among theories of society is between those which regard the world of human affairs as self-contained, and those which appeal to a supernatural criterion. Modern social theory, like modern political theory, develops only when society is given a naturalistic instead of a religious explanation, and a capital fact which presides at the birth of both is a change in the conception held of the nature and functions of a Church. The crucial period is the sixteenth and seventeenth centuries. The most important arena (apart from Holland) is England, because it is in England, with its new geographical position as the entrepît between Europe and America, its achievement of internal economic unity two centuries before France and two and a half centuries before Germany, its constitutional revolution, and its powerful bourgeoisie of bankers, shipowners, and merchants, that the transformation of the structure of society is earliest, swiftest, and most complete. Its essence is the secularization of social and economic philosophy. The synthesis is resolved into its elements—politics, business, and spiritual exercises; each assumes a separate and independent vitality and obeys the laws of its own being. The social functions matured within the Church, and long identified with it, are transferred to the State, which in turn is idolized as the dispenser of prosperity and the guardian of civilization. The theory of a hierarchy of values, embracing all human interests and activities in a system of which the apex is religion, is replaced by the conception of separate and parallel compartments, between which a due balance should be maintained, but which have no vital connection with each other.
The intellectual movement is, of course, very gradual, and is compatible with both throw-backs and precocities which seem to refute its general character. It is easy to detect premonitions of the coming philosophy in the later Middle Ages, and reversions to an earlier manner at the very end of the seventeenth century. Oresme in the fourteenth century can anticipate the monetary theory associated with the name of Gresham; in the fifteenth century Laurentius de Rudolfis can distinguish between trade bills and finance bills, and St. Antonino describe the significance of capital; while Baxter in 1673 can write a Christian Directory in the style of a medieval Summa, and Bunyan in 1680 can dissect the economic iniquities of Mr. Badman, who ground the peor with high prices and usury, in the manner of a medieval friar.7 But the distance traversed in the two centuries between 1500 and 1700 is, nevertheless, immense. At the earlier date, though economic rationalism has proceeded far in Italy, the typical economic systems are those of the Schoolmen; the typical popular teaching is that of the sermon, or of manuals such as Dives et Pauper; the typical appeal in difficult cases of conscience is to the Bible, the Fathers, the canon law and its interpreters; the typical controversy is carried on in terms of morality and religion as regularly and inevitably as two centuries later it is conducted in terms of economic expediency.
It is not necessary to point out that the age of Henry VIII and Thomas Cromwell had nothing to learn from the twentieth century as to the niceties of political intrigue or commercial sharp practice. But a cynical unscrupulousness in high places is not incompatible with a general belief in the validity of moral standards which are contradicted by it. No one can read the discussions which took place between 1500 and 1550 on three burning issues—the rise in prices, capital and interest, and the land question in England—without being struck by the constant appeal from the new and clamorous economic interests of the day to the traditional Christian morality, which in social organization, as in the relations of individuals, is still conceived to be the final authority. It is because it is regarded as the final authority that the officers of the Church claim to be heard on questions of social policy, and that, however Catholics, Anglicans, Lutherans, and Calvinists may differ on doctrine or ecclesiastical government, Luther and Calvin, Latimer and Laud, John Knox and the Pilgrim Fathers are agreed that social morality is the province of the Church, and are prepared both to teach it, and to enforce it, when necessary, by suitable discipline.
By the middle of the seventeenth century all that is altered. After the Restoration, we are in a new world of economic, as well as of political, thought. The claim of religion, at best a shadowy claim, to maintain rules of good conscience in economic affairs finally vanished with the destruction of Laud’s experiment in a confessional State, and with the failure of the work of the Westminster Assembly. After the Civil War, the attempt to maintain the theory that there was a Christian standard of economic conduct was impossible, not only because of lay opposition, but because the division of the Churches made it evident that no common standard existed which could be enforced by ecclesiastical machinery. The doctrine of the Restoration economists,8 that, as proved by the experience of Holland, trade and tolerance flourished together, had its practical significance in the fact that neither could prosper without large concessions to individualism.
The ground which is vacated by the Christian moralist is quickly occupied by theorists of another order. The future for the next two hundred years is not with the attempt to reaffirm, with due allowance for altered circumstances, the conception that a moral rule is binding on Christians in their economic transactions, but with the new science of Political Arithmetic, which asserts, at first with hesitation and then with confidence, that no moral rule beyond the letter of the law exists. Influenced in its method by the contemporary progress of mathematics and physics, it handles economic phenomena, not as a casuist, concerned to distinguish right from wrong, but as a scientist, applying a new calculus to impersonal economic forces. Its method, temper, and assumptions are accepted by all educated men, including the clergy, even though its particular conclusions continue for long to be disputed. Its greatest English exponent, before the days of Adam Smith, is the Reverend Dr. Tucker, Dean of Gloucester.
Some of the particular stages in this transition will be discussed later. But that there was a transition, and that the intellectual and moral conversion which it produced was not less momentous than the effect of some more familiar intellectual revolutions, is undeniable. Nor is it to be refuted by insisting that economic motives and economic needs are as old as history, or that the appeal to religion is often a decorous drapery for a triumphant materialism. A medieval cynic, in expounding the ca...

Table of contents

  1. Cover
  2. Half Title
  3. Title Page
  4. Copyright Page
  5. Dedication
  6. Contents
  7. Introduction to the Transaction Edition
  8. Introduction
  9. Chapter 1. The Medieval Background
  10. Chapter 2. The Continental Reformers
  11. Chapter 3. The Church of England
  12. Chapter 4. The Puritan Movement
  13. Chapter 5. Conclusion
  14. Notes
  15. Index