Paul Seabright, a Professor of Economics at the University of Toulouse, discusses the surprising similarities between religions and businesses. He reveals how religious organizations accumulate wealth and power through competitive strategies, comparing their community functions to modern platforms. The conversation dives into the financial dynamics of tithing versus taxation and the political influence of religious movements, including the rise of Christian nationalism. Seabright also explores the dual role of faith in fostering community and personal growth while addressing deep-rooted issues in institutional structures.
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insights INSIGHT
Religion as a Platform
Religions are platforms connecting people through shared interactions with invisible spirits.
These platforms facilitate various activities, from individual meditation to large-scale events.
insights INSIGHT
Tithing and Choice
Religious tithing, like taxes, involves individual choice within a larger system.
People make calculated decisions about their contributions, balancing personal needs with community obligations.
insights INSIGHT
Cooperation and Transparency
Game theory experiments show people cooperate when they believe others are also contributing fairly.
Transparency and accountability encourage prosocial behavior, even among those inclined to cheat.
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The Divine Economy: How Religions Compete for Wealth, Power, and People
Religion in the twenty-first century is alive and well across the world, despite its apparent decline in North America and parts of Europe. Vigorous competition between and within religious movements has led to their accumulating great power and wealth. Religions in many traditions have honed their competitive strategies over thousands of years. Today, they are big business; like businesses, they must recruit, raise funds, disburse budgets, manage facilities, organize transportation, motivate employees, and get their message out.
Economist Paul Seabright argues that religious movements are a special kind of business: they are platforms, bringing together communities of members who seek many different things from one another—spiritual fulfilment, friendship and marriage networks, even business opportunities. Their function as platforms is what has allowed religions to consolidate and wield power, which can be used for good and for harm.
Paul Seabright is a Professor of Economics in the Industrial Economics Institute and Toulouse School of Economics at the University of Toulouse, France. His new book is The Divine Economy: How Religions Compete for Wealth, Power, and People.