Calvin, Locke, and Liberal Economy

 

David Bozarth

Sonoma State University

POLS 315

10 June 2004


“… great robbers punish little ones to keep them in their obedience, but the great ones are rewarded with laurels and triumphs, because they are too big for the weak hands of justice in this world, and have the power in their own possession which should punish offenders.”  (John Locke. Second Treatise on Civil Government, in Social Contract, p. 104)0

 

Niccolo Machiavelli, writing during a time of reborn interest in classical antiquity1, foreshadowed liberal thought in his recommendation of republican government and rule of law, and in his mistrust of monarchy. These notions were picked up by prominent 17th century Englishmen (James Harrington, John Locke) and by the architects of the U.S. Constitution.

 

The Protestant Reformation refuted mediation of the Roman Church between God and humans - faith and Bible became more important than traditional religious formalism, in the eyes of 16th century Protestants like John Calvin. Later, widening interpretations of Protestantism encouraged believers to begin trusting their individual consciences to guide them along the path of right living, and thus to heaven.

 

John Calvin theocratized Geneva, and acquired a long following.  Unwittingly, by propounding certain ideas, Calvinism taught reason to pray - forming a basis for the development of classical liberalism.

 

Sin and selfishness abound in the Calvinist world, and Satan is everywhere to be resisted. God also is everywhere and knows all, specifically attending the believer in his struggle to work hard and live a morally upright life that reflects God’s grace. While greed is sinful, a principled prosperity might well indicate God’s favor on the individual in return for his faith and diligence. Work has value beyond provision of need; poverty is associated with sloth.


For centuries the Church had condemned usury and mostly tolerated Jewish lenders who were unhindered by the doctrine. Pre-Industrial Protestants were in a mood to reform affairs of the world in coordination with the rise of towns, merchants, and craft guilds. Calvin said that while “excessive” interest charges were sinful, we shouldn’t be bound by papal doctrine (which was, after all, a doctrine of sinful men).  So, reasonable interest gains were in keeping with a devout man’s worldly affairs.

 

Increasingly Calvinist-Protestant traders and officials revised, according to market conditions, traditional sanctions on the “fair price” of goods.  The stage was set for profit-taking and wealth creation, with their bracing sense of this-worldly inspiration, to acquire status among the dour elect.  As individuals achieved some degree of social mobility based on changing economic status, the communitarian values of western European and Atlantic societies began to weaken.  New patterns of exploration and trade encouraged innovation in finance, and exposed the weaknesses of mercantilism and monopoly.

 

Conscience, meanwhile, was found by Calvinists to imbue the upright religious community with authority to resist an intransigent, infidel government.  Where Calvinists had emphasized the sin of the individual and its effects on the community, they began to examine the effects of a sinful world on the community and on the individual. If one has a duty to express divinity on earth through rectitude and prosperity, one may have to battle sin external to self, using internal spiritual resources cultivated through faith, prayer, and community.  Individuals including Calvin himself, left one region to found religious communities elsewhere. Communities, including the Pilgrims and a group of Puritans, migrated to practice their religion unmolested by evil from the larger society.

 

Thomas Hobbes was a Calvinist, a Puritan, and the “proto-liberal” who recognized an equality of humans based on their shared original sin, and freedom in the sinful and destructive state of nature. As free and equally sinful agents in this dismal state, each individual strives selfishly to promote his own interests, thereby furthering chaos and ensuring the most misery for all. Using reason, humans consent to a social/political contract wherein they trade some freedom for some security. A ruler is endowed with full authority as long as that power is used to protect the interests of the people. If the ruler abuses the power, the contract is void and the people may resist or revolt.

 

The scenario by which free, equal, and potent individuals consent rationally to submit to a government – and retain the right to depose that government for cause – was a revolutionary paradigm. John Locke developed this notion in his Second Treatise on Civil Government, widely recognized as the foundation manifesto of classical liberalism.

 

Locke draws on Hobbes for a less dismal state of nature and a consent-based social contract. He posits a law of nature, equated with reason, as the source of the right of each individual to be free and left in peace with his own “property”.(p5) Human liberty in the state of nature is unlimited under the law of nature, but constrained by petty conflicts between equally free persons who may not be equally disposed to reason. Human liberty under social contract is limited by consent, and thereby approaches an ideal. Such liberty accords with reason (natural law) and the law of God.

 

Locke outlines an extended, concentric meaning of property: “… every man has a property in his own person … the labour of his body and the work of his hands, we may say, are properly his. Whatsoever, then, he removes out of the state that nature hath provided and left it in, he hath mixed his labour with it, and joined to it something that is his own, and thereby makes it his property.”2 Locke specifies land itself as the “chief matter of property”, acquired through labor as well. (p20)

 

Property may extend so far as remains plenty of common good for others to appropriate through their own labor, and all have a common right to appropriate in this manner. (p18) God gave the world and its products to “the industrious and rational (and labour was to be his title to it).” (p21)

 

This is an expression of the labor theory of value, which Locke emphasizes by repetition throughout the section “On Property”.

 

In the state of nature, there was a time when availability of property was no problem, since the world was large and its inhabitants few. Also, property being defined in real terms led to practical limitations on acquisition, and sanctions for those who appropriated more than they could use.  But with the invention of money came a facility for amassing property out of proportion to its use, and people once having agreed to assign value to precious metals and gems, were then obliged to regard money too as property.(pp27-29)

 

Locke invokes, for each member of a commonwealth, a “double right” of personal freedom and heritable property. Confiscation of property by the state must be done only with consent of the owner, and according to established law that reflects the will of the people. (pp111-112) Only in the case of a just conquest, can the victor exact reparation from the “labour and estates” of the vanquished whom actively opposed the just conquest. (pp112-114)

 

Locke devotes most of the Second Treatise to the forms of power, the consent-based contract between members of a commonwealth and their government, and the structure of good government. His theory was prominent among influences on the formation of the U.S. Constitution. His Declaration of the Rights of Englishmen (1689) served as a model for the U.S. Bill of Rights. We in the U.S. owe much to Locke’s good Calvinist upbringing.

 

Locke’s Calvinist bent and his fresh perspective show up in Adam Smith’s theory of free-market capitalism. Labor imparts value to goods, and the individual should benefit from his own labor. Self-interest moderated by reason is the engine of wealth creation. We associate to further our self-interest. By reason we find that labor specialization best serves our needs. Free competition is good; excessive restraint by government is bad. Much reverent lip service is paid to Smith’s ideas by modern capitalists and by advocates of “free trade.”

 

Add to these the writing of John Stuart Mill on limited government intervention in the markets, and on individual liberty and free thought – and we have the economic core of classical liberalism.

 

Classical liberalism has underpinned the development of the modern democratic republic, and continues to inform and sustain today’s democratic-leaning civilizations, including the United States.  We use money to make money, and acquire mobility and status through economic gain. Profit has supplanted labor as the prime determinant of value, but structurally the process of “property” acquisition is similar – a person or corporation appropriates the goods of the earth, symbolized by financial instruments, through profit-making. Periodically at the ballot box, we renew our consent to be governed, and our choices are free and private, yet constrained by the availability of candidates for office who represent our interests.  The ethical relations among citizens and government, and the structure of government, tend to resemble in form the prescriptions outlined in the Second Treatise. In the U.S., individual liberty and free expression are protected by the Bill of Rights and by the courts.

 

Calvinism, moreover, is not dead. We are dreadful sinners, and we feel guilty for enjoying it. We maintain an active interest in the sin and suffering of others. We work hard to look good and prove our worth. We care deeply for the bonds of family and community. We love to champion a perceived good cause. And we have become adept at modifying certain rigid ideas in order to better fit the real world, because we believe that flexibility reflects some kind of grace.

 



0 The same source referenced hereafter in the style of ‘(p104)’

1 Plato, The Republic prominent among works of interest to Renaissance and pre-Industrial political theorists

2 (p17) The emphases are replicated from the text.