In one respect James’ opinion that our Capitalist systems need an inevitable reform is correct. One could argue that we would learn a lot from Marx’ writings on economics, and interpret from Adam Smith’s foundation economic theory that the drive for affluence is inevitable in human nature, it is the way we approach economics, that has to change Today. Stephen Green (there are two authors, be wary of finding the relevant one: HSBC Group Holdings plc,Chairman) who wrote a few books on incorporating Christian values into the market place: Good Money is a developed book which seeks to analyse the role that theology has in capitalism, critiquing the place of Christian familial values in economics.
Contrary to James, I would seek to broaden your opinion on economics, read up on the inevitability of recessions, and then the affect that religious belief has on our economic behaviour. I would argue that incidences of economic depression, or ‘Minsky moments’ are as a result of the human condition. A Christian might argue this from original sin; others would say that James’ analysis of ‘Affluenza’ is indeed a more accurate cause.
