This book tells a story, a story about America's spiritual capital.
Spiritual capital is the fund of beliefs, examples, and commitments
that are transmitted from generation to generation through a
religious tradition, and which attach people to the transcendent
source of fulfillment and happiness. America has created the
greatest civilization the world has ever know, and it has done this
because of its spiritual capital, the values and beliefs by which
individual Americans have interpreted and transformed the world.
The Judeo-Christian heritage has historically served as the
spiritual capital of America. It is not only the spiritual quest of
modernity, but that quest has evolved into globalization, and
America, because of its spiritual capital, has been able to provide
leadership for that quest. The larger thesis is that America is by
virtue of its specific spiritual capital heritage not only the
beneficiary of its advantages but also the leading exemplar of the
spiritual quest of modernity. It is because is engaged in a
spiritual quest that it can exercise world leadership as opposed to
domination and oppression. The authors examine the extent to which
economic development, growth, and entrepreneurship depend on
spiritual capital. They argue that there is a symbiotic relation
between America's spiritual capital and our political institutions
and freedoms. The argument here is that the substantive spiritual
vision supports the political and economic procedural norms of a
free society. Like any form of capital, spiritual capital may lie
dormant or be wasted, it may be used productively, it may be
augmented, and it may be diminished or eroded. In the final
chapter, we point out how the heritage is under assault from a
variety of sources and what happens when scientific, technological,
economic, and political institutions are detached from their
spiritual roots. The result is a natural progression from
governmental bureaucratic centralization to secularism to reductive
materialism and ultimately to a social-collectivist conception of
human welfare. Within the story there is an argument, namely, that
these achievements will not be sustained without that heritage, and
for all of the above reasons the heritage needs to be reaffirmed.
The authors argue that the future of modernity, globalization, and
America depend on the extent to which there is a reaffirmation of
America's spiritual capital.
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