Mimesis and Nemesis: The Economy as a Theological Problem

Telos: Critical Theory of the Contemporary 1999 (117):79-112 (1999)
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Abstract

Globalization, today's most significant economic phenomenon, has as many detractors as defenders, and has recently become the focus of protests by students, anarchists and organized labor. Although many of its detractors have economic axes to grind, many others object to globalization on social, political and religious grounds.1 Thus, it might be well to go back to some of the very early—mythical, philosophical, and Biblical—sources of economic and political thinking to understand how religion played a part in the political taming of economic competition. Hesiod's Economic Theology Competition, one of the governing principles of economics, is often seen as a major…

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