The Origins of Neoliberalism: Modeling the Economy from Jesus to Foucault

Dotan Leshem recasts the history of the West from an economic perspective, bringing politics, philosophy, and the economy closer together and revealing the significant role of Christian theology in shaping economic and political thought. He begins with early Christian treatment of economic knowledge and the effect of this interaction on ancient politics and philosophy. He then follows the secularization of the economy in liberal and neoliberal theory.

Leshem draws on Hannah Arendt’s history of politics and Michel Foucault’s genealogy of economy and philosophy. He consults exegetical and apologetic tracts, homilies and eulogies, manuals and correspondence, and Church canons and creeds to trace the influence of the economy on Christian orthodoxy. Only by relocating the origins of modernity in Late Antiquity, Leshem argues, can we confront the full effect of the neoliberal marketized economy on contemporary societies. Then, he proposes, a new political philosophy that re-secularizes the economy will take shape and transform the human condition.