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This electronic thesis or dissertation has been downloaded from the King’s Research Portal at https://kclpure.kcl.ac.uk/portal/ Typologies of religious market model an economic approach to religion Kim, Yoon Tae Awarding institution: King's College London The copyright of this thesis rests with the author and no quotation from it or information derived from it may be published without proper acknowledgement. END USER LICENCE AGREEMENT Unless another licence is stated on the immediately following page this work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International licence. https://creativecommons.org/licenses/by-nc-nd/4.0/ You are free to copy, distribute and transmit the work Under the following conditions: Attribution: You must attribute the work in the manner specified by the author (but not in any way that suggests that they endorse you or your use of the work). Non Commercial: You may not use this work for commercial purposes. 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TYPOLOGIES OF RELIGIOUS MARKET MODEL: AN ECONOMIC APPROACH TO RELIGION By Yoon Tae Kim A Thesis Submitted to the King’s College London For the degree of DOCTOR OF PHILOSOPHY Department of Theology and Religious Studies School of Art & Humanities The King’s College London November 2013 ABSTRACT Kim, Yoon Tae 2013 “Typologies of Religious Market Model: an Economic Approach to Religion.” King’s College London, Theology and Religious Studies. Ph.D. The purpose of this thesis is to examine the economic approach to religion and suggest a new frame for the religious market model. In religious studies, various approaches have been attempted, for example anthropology, sociology and psychology. Recently, some sociologists and economists have started to observe the marketization of religion and to explain religious phenomena or behaviours from an economic perspective. Based on this economic approach to religion, they have made it possible to explain not only marketization of religion but also religious revival in a secular and modern period. In spite of their great contributions to the formation of a new paradigm in religious studies, however, the economic approach to religion has been criticized for its reductionist methodology and basic assumptions. In addition, this approach has been questioned about its main theory, the religious market model. Some people assume that this model can be applied only to a free market situation in the modern period; others assume that it is applicable only to specially secularized regions, such as the U.S. or U.K. Nevertheless, the previous model has often shown some limitations because of the narrow understanding of the religious market. After all, these limitations have left economists of religion unable to explain more diverse religious contexts. Given these considerations, this thesis concludes that the existing religious market model needs to be more comprehensively updated. Therefore, in order to enhance the applicability of the economic approach to religion, I suggest new typologies of the religious economic system, religious market, and religious market structure. Then I examine how they can be applied in an actual religious marketplace through specific cases in South Korea. Mentor: Professor Markus Vinzent ii DEDICATION This research is dedicated to my inspirational mentors, Professor Markus Vinzent, Professor Werner Ustorf, Chancellor of DTU Soon-hwan Hwang, Rev. Yong-ho Kim, Rev. Dong-sul Shin, and my Lord, Jesus Christ. iii ACKNOWLEDGEMENTS This research could not have been carried out without the help and assistance of many people who have supported me. I would especially like to thank my mentor, Professor Markus Vinzent, for his generosity with his time and commitment. He encouraged me to develop independent thinking and research skills. I am also very grateful to my family. My father and mother provide constant support and encouragement. I am grateful to my wife for her patience and sacrifice. Without her, I would not have been able to complete this work. This research has been funded by Shin Sung Presbyterian Church and Chochiwon Young Rock Presbyterian Church in Korea. I extend thanks to Rev. Yong-ho Kim, Rev. Dong-sul Shin, and all church members. iv TABLE OF CONTENTS ABSTRACT ......................................................................................................... ii DEDICATION .................................................................................................... iii ACKNOWLEDGEMENTS .................................................................................iv TABLE OF CONTENTS ...................................................................................... v LIST OF FIGURES ..............................................................................................ix LIST OF TABLES ................................................................................................ x LIST OF ABBREVIATIONS ..............................................................................xi CHAPTER 1 INTRODUCTION ...................................................................... 13 Description of the Study ....................................................................... 13 Limitations of Previous Studies ............................................................ 14 Previous Studies ........................................................................ 15 Limitations of the Previous Model............................................ 16 Research Method and Methodology ..................................................... 17 Sociological Method ................................................................. 18 Economic Method ..................................................................... 20 Historical Method ..................................................................... 21 Basic Concepts of the Study ................................................................. 21 Economic Approach to Religion ............................................... 21 Religious Market Model ........................................................... 22 Sources of the Study ............................................................................. 24 Documentary Sources for the Theoretical Part ......................... 24 Statistical Data for the Application Part ................................... 24 Definition of the Terms ......................................................................... 26 Religious Studies....................................................................... 26 Economic Approach to Religion ............................................... 28 Basic Terms of the Economic Approach to Religion ............... 29 Structure of the Study ........................................................................... 30 Scope and Limitations ........................................................................... 31 Theoretical Part ......................................................................... 31 Application Part ........................................................................ 32 PART I THE THEORETICAL BACKGROUND OF THE ECONOMIC APPROACH TO RELIGION .................................................................... 35 CHAPTER 2 THE EMERGENCE OF A NEW PARADIGM IN RELIGIOUS STUDIES ................................................................................................... 36 Previous Approaches to Religion .......................................................... 36 Humanistic Approach to Religion............................................. 37 Critical Interpretations of Religion ............................... 38 Responses to the Critical Interpretations ...................... 40 v Scientific Approach to Religion ...............................................