Foucault News

News and resources on French thinker Michel Foucault (1926-1984)

Stimilli, E.
Religion and the spontaneous order of the market: Law, freedom, and power over lives
(2019) European Journal of Social Theory, 22 (3), pp. 399-415.

DOI: 10.1177/1368431018803705

Abstract
This article focuses on a religious structure that is intrinsic to the contemporary mechanisms that have enabled the global domination of economic power: faith in the market. Following Foucault’s transition from biopolitics to governmentality, this article articulates the mechanism that generates the ability for human beings to give shape and value to their lives. Through a reading of Schmitt and Hayek, as well as an updated reading of Weber’s thesis on the origin of capitalism, this article argues that we must turn our attention to the Christian motifs that shape our contemporary understanding of the ‘economy’. © The Author(s) 2018.

Author Keywords
biocapital; Christianity; economic theology; governmentality; neoliberalism; political theology

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