THE ENCHANTMENTS OF MAMMON: NOTES TOWARD A THEOLOGICAL HISTORY OF CAPITALISM

Tales of “disenchantment” dominate modern intellectual life, and especially accounts of the cultural history of capitalism. Yet Weberian sociology, and especially Marxist notions of “commodity fetishism”, point to the persistence of “enchantment” in the capitalist imagination. If we reformulate these notions of “enchantment” and “disenchantment” in theological terms of sacrament, then we can write new histories of capitalism, as well as articulate new forms of political and cultural criticism. Borrowing from “radical orthodoxy”, the author takes a Cook's Tour of “disenchantment”, explores the possibilities afforded by “sacramental” conceptions of materialism, and gestures toward an account of American cultural history shaped by a sacramental materialism.