View this link:

http://leniency.blogspot.com/2008/12/notes-on-capitalism-as-religion.html

Benjamin from No Useless Leniency:

1. ‘capitalism is a purely cultic religion, perhaps the most extreme that ever existed’. Capital is a system of religious beliefs and practices with ‘no specific body of dogma, no theology’. We could link this to the arguments of Zizek, Pfaller, and Santner that capitalism qua cult is a materialised set of ideological rituals. As the pure mechanism of accumulation it can have no theology or dogma per se (although it may have temporary forms of such theologies), because these would potentially disrupt a purely cultic veneration of objects - as objects of production / consumption. Capitalism is concrete (captured in Don DeLillo’s anecdote, in White Noise, concerning the sense of feeling blessed when one’s estimation of the balance of our bank account is revealed as accurate by the ATM.

I’d like to point out too that the bailout money used to buy up bad credit has lost somewhere around $9 bn., and who knows how much of it is being used to line the pockets of Goldman Sachs executives. If that isn’t a cultic sacrifice at the altar of the God of Capital, I don’t know what is.