Judaism, Liberalism and the Market

Jonathan Jacobs

Chapter 9 in The Economics of Religion, 2023, pp 245-268 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The three main claims of the discussion are that (i) values and perspectives integral to Judaism are especially congenial to liberal democracy as a political order and had a role in early modern theorizing about the liberal state, (ii) they are also congenial to the market as a basic economic arrangement on account of how Judaism regards the dignity, accountability and independence of the individual, and (iii) while there is no guarantee that the market will benefit everyone it is defensible on the basis of how it constructively interacts with the pluralistic civil society that a liberal order makes possible. Judaism’s core notions of voluntariness and concern for others can contribute to a morally endorsable form of market activity.

Keywords: Economics; Religion; Economics of Religion; Max Weber; Adam Smith (search for similar items in EconPapers)
JEL-codes: A1 A13 D9 E7 Z1 Z12 Z13 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811273148_0009 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811273148_0009 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789811273148_0009

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().