Two economies

Let’s call it the Augustine Group. Why Augustine? Because it was Augustine who said that there are two cities, that is, two societies – the Church and the world. In the ‘City of God’ Augustine says there are these two distinct communities, one is hidden in the other. There is ‘Society’, our nation or whatever other community we identify with, and within it there is that other community we call the Church. Everything that we have to say depends on the distinction between Society and the Church, or between the Church and the world, or between the Christian and non-Christian. The distinction between them and the comparison between them that it allows us to make, is the basis of any Christian contribution to economics. We simply contrast these two societies.
Our starting point is that Christian baptism is the fundamental distinction. The non-baptised non-Christian is the man of the present. The baptised, the Christian, is the man of the present and the future. He is present, here and now, but the future is also hidden within him. The non-Christian is the creature of just one time – this time, now. But the Christian is man of two times, the present and the future, and he combines the present and future. He binds this present fragmentary time into that whole and entire time, so that through him what is partial receive its renewal from the whole. He combines the short-term and the long-term, so that together they belong to the that unbroken time we call eternity.
The Church is the economy of love. It is exactly like any a single household, made of members of a family who love one another. The Church is a single family; its members treat one another as brothers and sisters, parents and children. They do not charge one another for their services because they do not regard each other as members of different households.
We can not only say that there are two societies, but also that there are two economies, the present worldly economy and the present-and-future eternal economy. The present worldly economy is one in which men compete for glory and honour, but within it there are little economies – households – in which a man and woman are bound to one another in love. The Church is that unique entity that combines these two, for it is the household united by love which extends to include all. It is the world become a single family and household. This enables us to ask what features of this economy will help it to last and so to have a future (and stretch towards eternity), and to ask what features make the future of this economy more doubtful. The contrast between the economy of the Church and the economy of the world enables us to ask about the long-term of the economy of the world, and so the contrast between them is the basis of any Christian analysis of economics and the economy.