A few days ago, the New York Times opinion page included a short piece called “Steadfast Principles in a Changing World” by James K.A. Smith, professor of philosophy at Calvin College, on the subject of Christianity and capitalism. Smith differentiates between the concept of free markets—which is not incompatible with Christianity—and modern-day capitalism. Insofar as capitalism today is wedded to a libertarian (anti-communitarian) ideology, a disregard of virtue, and a neglect of the poor, it runs contrary to the Christian faith.
Incidentally, I am currently reading The Economy of Desire: Christianity and Capitalism in a Postmodern World by Daniel Bell (Baker, 2012), which is a part of the series The Church and Postmodern Culture, edited by Smith.
Smith’s blog can be found at forsclavigera.blogspot.com.