Capitalism and Religion in World History

Amassing riches offered to a transcendental world, the priests of ancient faiths found themselves trapped in contradiction - loan out their resources to merchants: make yourself a pariah to true prophets. Before Islam squared the circle, bringing capital mobility enhancing credit creation into coexistence with devotion, religion stymied merchant capitalism. Spread through trade, Islam's innovations in commerce soothed the path to coexistence of credit and faith globally. Had a second form of capitalism - technological capitalism - not emerged binding science to innovation, harmony between faith and capitalism would prevail.