Economic theology
The concept of economic theology arises from a trend at the beginning of the 20th century that called capitalism a cult religion . For the first time, Walter Benjamin described capitalism as a new religion in his fragment Capitalism as a Religion from 1921 and built on writings by Karl Marx and Georg Simmel , such as " Das Kapital " (1867) and "Die Philosophie des Geldes" (Simmel), 1900.
In 2002 Wolfgang Palaver published a paper on the subject.
The term economic theology was particularly strongly influenced by Alexander Rustow in his work The Failure of Economic Liberalism , in which he speaks of "economic theology" for the Physiocrats , Adam Smith and their successors.