N.T.WRONG

Official Blog of the Bishop of Durham

Capitalism as Religion

Posted by NT Wrong on October 18, 2008

“A religion may be discerned in capitalism — that is to say, capitalism serves essentially to allay the same anxieties, torments, and disturbances to which the so-called religions offered answers… In the first place, capitalism is a purely cultic religion, perhaps the most extreme that ever existed. In capitalism, things have a meaning only in their relationship to the cult; capitalism has no specific body of dogma, no theology. It is from this point of view that utilitarianism acquires its religious overtones. This concretization of cult is connected with a second feature of capitalism: the permanence of the cult. Capitalism is the celebration of a cult sans rêve et sans merci (without dream or mercy). There are no “weekdays.” There is no day that is not a feast day, in the terrible sense that all its sacred pomp is unfolded before us; each day commands the utter fealty of each worshipper. And third, the cult makes guilt pervasive. Capitalism is probably the first instance of a cult that creates guilt, not atonement. In this respect, this religious system is caught up in the headlong rush of a larger movement. A vast sense of guilt that is unable to find relief seizes on the cult, not to atone for this guilt but to make it universal, to hammer it into the conscious mind, so as once and for all to include God in the system of guilt and thereby awaken in him an interest in the process of atonement. This atonement cannot then be expected from the cult itself, or from the reformation of this religion (which would need to be able to have recourse to some stable element in it), or even from the complete renouncement of this religion. The nature of the religious movement which is capitalism entails endurance right to the end, to the point where God, too, finally takes on the entire burden of guilt, to the point where the universe has been taken over by that despair which is actually its secret hope. Capitalism is entirely without precedent, in that it is a religion which offers not the reform of existence but its complete destruction. It is the expansion of despair, until despair becomes a religious state of the world in the hope that this will lead to salvation… The cult is celebrated before an unmatured deity; every idea, every conception of it offends against the secret of this immaturity.”
– Walter Benjamin, “Capitalism as Religion” (1921)

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2 Responses to “Capitalism as Religion”

  1. steph said

    Capitalism is the opiate…

  2. tzvee said

    imho walter was playing too fast and too loose with the terms and concepts of “religion” as he does with all the concepts that he writes about.

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