In Credit and Faith, Goodchild attempts nothing less than a reorientation of what it means to think. To think is to live forwards in time in a finite and local situation, apportioning time and attention, care and evaluation, trust and cooperation. Such dimensions of human experience are shaped by economics and theology; here economic credit and religious faith meet as two sides of the same coin. In line with recent moves in European thought towards political theology and economic theology, Goodchild seeks a philosophical appropriation of the economic dimension of the New Testament. This offers a new metaphysical framework for thinking, one in terms of appropriation, participation and offering, as well distinctive strategies for thought to be freed from illusions of its own making. The outcome is a revaluation of credit and faith as the effective power enabling economic cooperation and initiative. Yet since the nature of credit is to hand itself over in investment, its religious dimension has been concealed in the development of capital, banking, money and finance. Goodchild offers a genealogical account of the origins of the modern economy out of Christian life and practice, preparing the ground for a theological analysis of the contemporary economy in a subsequent volume.
Philip Goodchild is Professor of Religion and Philosophy at the University of Nottingham, UK.