Quaker Money

Here’s a from-the-archives piece I stum­bled again on recent­ly. It’s from New Eng­land his­to­ri­an Bet­sy Caz­den, whose insights on Quak­er cul­ture I adore. She wrote this for Friends Jour­nal in 2006:

How did Friends come to do so well? The stan­dard sto­ry is a vari­ant on the Puri­tan one: Quak­ers became wealthy by work­ing dili­gent­ly; extend­ing their exper­i­men­tal approach to reli­gion to invent new indus­tri­al tech­nolo­gies; trad­ing hon­est­ly (there­by attract­ing cus­tomers); mak­ing pro­duc­tive use of transat­lantic kin­ship net­works; and liv­ing fru­gal­ly, with­out money-drains like drink­ing or gam­bling, there­by free­ing up mon­ey for sav­ings, invest­ment, and phil­an­thropic giv­ing to Quaker-run insti­tu­tions. All of that may be true, but is at best par­tial. The unspo­ken “rest of the sto­ry” has two pieces: land and slaves.

I’m sure I’ve read this arti­cle before (I uncon­scious­ly sum­ma­rized it this past May) but I think it’s an impor­tant dis­cus­sion to rethink every so often.