Tag: Investment

Capitalism as a Religion

Born-Again Capitalism (Part 1)

To imply capitalism is a religion verges on cynicism. The term religion connotes a belief system that intends to purify the physical existence in preparation for the spiritual realm. By that interpretation, religion is a guide on the transcendental path away from selfish motivations toward spiritual enlightenment. Since the success of capitalism is dependent on selfish motivation (a.k.a., entrepreneurial spirit), capitalism should be the antithesis of religion. However, membership in institutionalized religion is not necessarily the same as a quest for spiritual enlightenment. Some may see institutionalized religion more as a ruse for establishing hierarchal order in the earthly realm. By that interpretation, capitalism may fall into the category of religion.

Capitalism is akin to institutionalized religion in that a major objective of