Commerce, Religion, and the Rule of Law
The rule of law and religion can act as commercial substitutes. Both can create the trust required for material prosperity. The rule of law simplifies social interactions, turning people into formal legal agents and generating a map of society that the state can observe and control, thus credibly co...
Main Author: | |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Brill
2018
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In: |
Journal of law, religion and state
Year: 2018, Volume: 6, Issue: 2/3, Pages: 213-235 |
Further subjects: | B
Rule of law
religion
trust
markets
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Online Access: |
Presumably Free Access Volltext (Verlag) |
Parallel Edition: | Non-electronic
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Summary: | The rule of law and religion can act as commercial substitutes. Both can create the trust required for material prosperity. The rule of law simplifies social interactions, turning people into formal legal agents and generating a map of society that the state can observe and control, thus credibly committing to the enforcement of the legal rights demanded by impersonal markets. Religion, in contrast, embraces complex social identities. Within these communities, economic actors can monitor and sanction misbehavior. Both approaches have benefits and problems. The rule of law allows for trade among strangers, fostering peaceful pluralism. However, law breeds what Montesquieu called “a certain feeling for exact justice” that crowds out deeper forms of relation. Religious commerce fosters precisely such communities. Religious commerce, however, does not create bridges between strangers as effectively as the formal rule of law. Furthermore, the state tends to be suspicious of tight religious communities, particularly when they are commercially successful. |
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ISSN: | 2212-4810 |
Contains: | In: Journal of law, religion and state
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Persistent identifiers: | DOI: 10.1163/22124810-00602004 |