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pentecostal capitalism
PENTECOSTAL CAPITALISM:
AN ETHICAL PERSPECTIVE AND ITS EFFECT ON CORPORATE SOCIAL RESPONSIBILITY
1. INTRODUCTION: At the bottom of many events in the world is the effect of religion. It is certainly older than many of her adherents. Religious leaders, sects and proponents of different theories of religion have come and gone. Dispensations have come with very many different religious experiences and till date, we are faced with the vicissitudes and dynamics of religion. Every adherent of certain faith will have something to say as it concerns the philosophy of what they practice. For Tylor and Frazer, religion is a systematized animism, and it exists to help people explain events which would otherwise be incomprehensible if it weren 't for invisible spirits behind everything1. In Freud’s psychoanalytical opinion there are hidden psychological motives behind religion, as a result he alluded that religion is a form of mass neurosis. It exists only as a response to deep emotional conflicts and weaknesses. Since it is nothing more but a by-product of psychological distress, it should be possible to eliminate the illusion of religion by alleviating that distress.2
In his judgement, in an attempt to elucidate to us the social function of religion, Durkheim focused on the importance of the concept of the "sacred" and its relevance to the welfare of the entire community. For him, religious beliefs are thus symbolic expressions of social realities - without those social realities serving as a foundation, religious beliefs would have no meaning3. In other words, social impact is key for holistic engagement of religion. Durkheim attempts to see the sacredness of religion and the social impact it should have on the society. Upholding the sacredness of religion and in an attempt to avoid reductionism, Eliade went fully beyond the natural or intellectual analysis and conclusion as he maintained that religion is primarily about belief in the supernatural4.
As we view our



References: Akin, J. 2014. Church Growth with Akin John: Secularism in the Church Today, Church Times Nigeria, Osinaike .G, ed. Issue 37. 14-15. Amata, J. 2002. The Nigerian Pentecostal Movement: The People, The Purpose and the Power 2nd ed Anderson, R.M. 2003. Pentecostalism. The Encyclopedia Americana International edition. Anonymous. 2013. Capitalism. Encyclopædia Britannica Ultimate Reference Suite. Anonymous. 2014. Venture Capitalist. Business Dictionary. Retrieved on March,7 2014, From http://www.businessdictionary.com/definition Anonymous. 2014. Venture Capitalist. Investopedia US. Retrieved on 7th March 2014 http://www.investopedia.com Archer, K. J. 2004. A Pentecostal Hermeneutic for the Twenty-First Century. Spirit, Scripture and Community Familusi, O. 2012. Towards a religious alternative to political Godfatherism in Nigeria. Farlex. Trustee/Trusteeship. West 's Encyclopedia of American Law, 2nd ed. Retrieved March 8, 2014 from http://www.thefreedictionary.com Francis, Pope. 2013. Church is in a love story. News.Va, Official Vatican Network. Retrieved March 6, 2014 from http://www.rediovaticana.va Forman, C.W. 2003, Missionary Movements. The encyclopedia Americana International edition Greenleaf, W. 2003. Entrepreneur. The encyclopedia Americana International edition. Danbury: Encyclopedia Americana. 477-478 Griffin .A, 2008 Kalu, O.U. 2000. Power, Poverty and Prayer: The Challenges of Poverty and Pluralism in African Christianity Karl, C. E. 2006. Capitalism. The world book encyclopedia. Chicago: World book. 194-196. Mbefo, L. N. 2001. The True African: Impulses for Self-Affirmation. Onitsha: Spiritan Publications Mougayar, W. 2013. 66 Things That Make a Great Venture Capitalist. S-U-M: start up management ₦airaland Forum, Nov 30, 2010. Christ Embassy Pastor, Chris Oyakhilome In $35million Money Laundering Scam - Religion Nairaland retrieved Wednesday, March 12, 2014 at 05:57 a.m fromhttp://www. Nairaland.com Ogunrinade, A., Ogbole, F Journal of Interdisciplinary Studies. Vol 2 No 2. 121. Retrieved March 6, 2014 from mcser-cemas-sapienza University of Rome database. Okoronkwo, J.O Ouellette, D. 2010. How the Church became an Enterprise. Covenant of Love Blog. Retrieved March 7, 2014 from http://www.covenantoflove.net Peterson, W.C Plumhofer, E.L. 2006. Pentecostal churches; Beliefs and Practices. The world book encyclopedia Redmond, WA. 2009.Entrepreneur. Microsoft Encarta Encyclopaedia [DVD]. Redmond, WA. 2009.Pentecostal Movement. Microsoft Encarta Encyclopaedia [DVD].

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