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A Christian Economic-Ethical Critique of Rentier Capitalism

  • The Korean Journal of Chiristian Social Ethics
  • Abbr : 기사윤
  • 2025, (61), pp.339~386
  • Publisher : The Society Of Korean Christian Social Ethics
  • Research Area : Humanities > Christian Theology
  • Received : March 16, 2025
  • Accepted : April 5, 2025
  • Published : April 30, 2025

Jeong Yong Taek 1

1한신대학교 신학사상연구소

Accredited

ABSTRACT

This study critically examines rentier capitalism from the perspective of Christian economic ethics. Rentier capitalism is a new type of contemporary capitalism that makes money just by owning and controlling assets, without doing any actual work or creating real value, which increases the gap between the rich and the poor. The study reviews Andrew Sayer’s moral economic critique of rentier capitalism based on the concepts of ‘improperty’ and ‘unearned income’ and discusses both its significance and limitations. As an alternative, it proposes the concept of ‘commons,’ theologically justifying it by connecting with Paul’s concept of ‘gift’ and Minjung theologian Ahn Byung-Mu’s concept of ‘public’ (公, Gong). In summary, this study highlights that Christian economic ethics need to address the moral and ethical issues in today’s society by pointing out the problems of rentier capitalism and offering a different vision for a fair and sustainable economy.

Citation status

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