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Self-interest 'wrongly understood'
The financial meltdown and the decay of civil religion
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Dear *|MERGE3|* *|MERGE2|*:

The worldwide financial meltdown stemming from overvalued sub-prime mortgages has shaken the very basis of America’s free-market system: Faith that acting in one’s self-interest will lead to the economic betterment of all.

“Those of us who have looked to the self-interest of lending institutions to protect shareholder’s equity – myself especially – are in a state of shocked disbelief,” Former Federal Reserve Chairman Alan Greenspan told the Congressional Committee of Government Oversight and Reform.

The new University of Massachusetts Press Book, Religious Liberty in America: The First Amendment in Historical and Contemporary Perspective by Bruce T. Murray, cover analyzes where laissez-faire capitalism comes into conflict with civil religion – Americans’ sense of connection between themselves, the state, and a higher authority.

Religious Liberty in America tracks the numerous manifestations of civil religion – from the political rhetoric of Barack Obama and the civil rights movement to the public response to the Sept. 11 terrorist attacks. In addition, Murray surveys the development of religious pluralism in America for the past 400 years – from early debates to present controversies, such as the mixing of religion and politics, battles over religious symbols in the public square, the “culture wars,” immigration and faith-based initiatives.

“This book is a splendid presentation of the First Amendment 'with civil religion as a parallel theme’ especially as presently related to so many issues in American political and religious life. Other books on these issues have been appearing of late, but none as clear and thorough as this one.”
G.H. Shriver, Professor Emeritus, Georgia Southern University

Purchase Religious Liberty in America on the University of Massachusetts Press Web site.

Read more about civil religion and the economic crisis on SageLaw.

Find out more about the author on here.

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