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Religion in the United States has closely paralleled the nation’s political economy. Rather than looking at church-state relations, I examine church-economic relations as more explanatory of the character of American religion and Evangelicalism in particular. Evangelicalism has a unique attachment to less regulated American capitalism and valorizes individual private property and unincumbered accumulation. Evangelicalism’s anxieties about secularists, race, immigration, and LGBTQ communities sets it up as a perfect functional warrior on behalf of capitalism. This paper aims to explore the origins of this situation in the political economy of evangelicalism.