For this reason, capitalism might be said to have achieved its most perfect expression in the rise of the commercial corporation with limited liability, an institution that allows the game to be played in abstraction even from whether the businesses invested in ultimately succeed or fail. (One can profit just as much from the destruction of livelihoods as from their creation.) Such a corporation is a truly insidious entity: Before the law, it enjoys the status of a legal person – a legal privilege formerly granted only to “corporate” associations recognized as providing public goods, such as universities or monasteries – but under the law it is required to behave as the most despicable person imaginable. Almost everywhere in the capitalist world (in America, for instance, since the 1919 decision in Dodge v. Ford), a corporation of this sort is required to seek no end other than maximum gains for its shareholders; it is forbidden to allow any other consideration – say, a calculation of what constitutes decent or indecent profits, the welfare of laborers, charitable causes that might divert profits, or what have you – to hinder it in this pursuit. [...]
For all these reasons, it seems wise to me that we have elected to ask ourselves not what comes after capitalism, but rather what lies beyond it. As far as I can see, what comes after capitalism – that is, what follows from it in the natural course of things – is nothing. This is not because I believe that the triumph of the bourgeois corporatist market state constitutes the “end of history,” the final rational result of some inexorable material dialectic. Much less do I imagine that the logic of capitalism has won the future and that its reign is destined to be perpetual. In fact, I suspect that it is, in the long run, an unsustainable system. [...]
Simply said, the earliest Christians were communists (as Acts tells us of the church in Jerusalem, and as Paul’s epistles occasionally reveal), not as an accident of history but as an imperative of the faith. In fact, in preparing my own recent translation of the New Testament, there were many times when I found it difficult not to render the word koinonia (and related terms) as something like communism. I was prevented from doing so not out of any doubt regarding the aptness of that word, but partly because I did not want accidentally to associate the practices of the early Christians with the centralized state “communisms” of the twentieth century, and partly because the word is not adequate to capture all the dimensions – moral, spiritual, material – of the Greek term as the Christians of the first century evidently employed it. There can simply be no question that absolutely central to the gospel they preached was the insistence that private wealth and even private property were alien to a life lived in the Body of Christ.
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