In a lecture on markets and monasticism at Acton University, Dylan Pahman gave a fascinating overview and analysis of the interaction between Christian monasticism and markets. He’s written on this before and has a longer paper on the topic as well.
In the talk, he highlighted a range of facts and features, from monastic teachings on wealth and poverty to the historical realities of monastic communities and enterprises. Over the centuries, monasteries have contributed a host of products and services to civilization and culture, often countering the common assumption that all such communities are flatly against trade, production, and wealth creation.
One point that stood out in particular was Pahman’s summary of a recent study by Nathan Smith, in which Smith ponders how these communities have managed to succeed for so long, particularly given their many (internally) socialistic traits. According to one study, the average longevity of monasteries is 463 years(!), which is far longer than the lifespan of most companies and states, never mind your run-of-the-mill secular commune (Portlandia variations included).
There are a variety of forces that may contribute to this, including unique pressures of lifelong commitment, corresponding theological reinforcement, etc. But when it comes to some of the more universal traits that help monastic communities thrive, they may offer some lessons to help orient and affirm our broader thoughts about community in the context of work, trade, enterprise, and worship. (more…)