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“Economic Doctrine” in the Church of England since the Reformation

In: THE ECONOMICS OF RELIGION

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  • A. M. C. Waterman

Abstract

Until the mid-twentieth century, the Church of England maintained its age-old function of teaching and monitoring economic rights and duties. And after 1815 an ideological alliance of Christian theology and political economy promoted private property rights and the market economy. Victorian radical critics attacked this alliance, and many bishops and theologians became socialists. “Christian Socialism” remained the preferred economic doctrine for Anglo-Catholics until the mid-twentieth century. In 1942, Archbishop William Temple provided the classic statement of Anglican economic doctrine: a realistic “Christian Socialism” that recognized the achievements of capitalism and the validity of self-interest as an incentive.

Suggested Citation

  • A. M. C. Waterman, 2023. "“Economic Doctrine” in the Church of England since the Reformation," World Scientific Book Chapters, in: Robert M Sauer (ed.), THE ECONOMICS OF RELIGION, chapter 10, pages 269-291, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811273148_0010
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    More about this item

    Keywords

    Economics; Religion; Economics of Religion; Max Weber; Adam Smith;
    All these keywords.

    JEL classification:

    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • Z1 - Other Special Topics - - Cultural Economics
    • D9 - Microeconomics - - Micro-Based Behavioral Economics
    • E7 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A1 - General Economics and Teaching - - General Economics

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