A Plethora of Principles at Play: The Religious Market Economy in the Rise and Fall of the Soviet Union and Communist Eastern Europe
- Written by Tony Williams
- Category: Socio-Economics
- Hits: 92
The rise and fall of the Soviet Union and communism in the Eastern European countries provides an interesting backdrop in which to explain and test general principles in a relatively new sociological science, religious market economics. A brief history of the discipline is given, including five of its basic principles. Then, the rise and fall of communism in the Soviet Union and Eastern European countries is analyzed as to how the basic principles perform in modeling reality. Even though at first it seems actual experience contradicts some of the principles, further analysis of extenuating circumstances allows the basic principles to stand. It is concluded that economic models are a simplification of the real world, meant to aid understanding of tendencies, but should not be counted on to predict actual events.
Although religion as a social system has been studied for centuries, sometime in the mid-twentieth century, religion and sociology fields of study began to consider religious institutions as making up a religious market economy. In 1967 Peter Berger wrote a book called The Sacred Canopy, which asserted that people of faith are better off in a monopolistic religious environment, as competition and pluralism is bad for the health of religious society as a whole. His opinion was that not only is competition wasteful, but it is bad for unity. This was at odds with the prevailing opinion about business and the financial market economy.
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