Financializing the soul: Christian microfinance and economic missionization in Colombia
Autor: | Rebecca C. Bartel |
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Rok vydání: | 2020 |
Předmět: |
Microfinance
060101 anthropology media_common.quotation_subject 05 social sciences Religious studies 06 humanities and the arts Christianity law.invention law Political science Debt 0502 economics and business Economic history Vanguard 0601 history and archaeology Financialization 050207 economics Soul media_common |
Zdroj: | Critical Research on Religion. 9:31-47 |
ISSN: | 2050-3040 2050-3032 |
DOI: | 10.1177/2050303220952861 |
Popis: | Microfinance is the vanguard of financialization today. This is especially true in Colombia, where microfinance rivals any other type of formal credit. Entangled with Colombia’s micro-financialization is the phenomenon of microfinance corporations in joint ventures with Christian organizations that broker their microfinance programs. These faith-based corporations temper the surge in microfinance with ascetic discipline and the infusion of an entrepreneurial spirit. Economic discipline, say the microfinanciers, is required for what is referred to as ‘financial literacy’ and ‘financial inclusion’ programs that instil a distinctly Christian corporate order. This article, based on 2 years of sustained fieldwork in Colombia, focuses on one such microfinance program run by a transnational Christian credit organization. With microfinance, souls are disciplined through debts and ideals of an ascetic prosperity. In the end, the article concludes that there is a Christian morality to financialized capitalism that is exercised at the level of the interior soul. |
Databáze: | OpenAIRE |
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