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

A. M. C. Waterman

Chapter 10 in The Economics of Religion, 2023, pp 269-291 from World Scientific Publishing Co. Pte. Ltd.

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.

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
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