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Is God a Socialist in the New Testament?
We know the first Christians were, of course, Jews. So they held the values we have discussed founded in the Jewish culture that are more capitalistic in nature. In the New Testament we also see these values reflected. In Acts … Continue reading
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The Biblical Principles of Capitalism Must be Blended with Social Values
As we reviewed the Old Testament teaching in previous blogs, we find that God mentored the Hebrew people to be prosperous. As Christians today we value this heritage given to them and we can claim it as our own. The … Continue reading
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A Shortage of Sand in the Sahara?
Economist Milton Friedman once said that, if you put the government in charge of the Sahara desert, there will eventually be a shortage of sand. No wonder that, after 14 years of socialist government, Venezuela — the country with the … Continue reading
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The Economic Failure of Socialism
The poster child of economic failure for socialism and communism (state mandated socialism) was the Soviet Union. With its highly centralized government and economy, the USSR survived for 69 years until its collapse in 1991. Free markets were abolished; the state owned … Continue reading
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Why Does Socialism Tend to Attract Dictators?
The Wall Street Journal reported Friday that Venezuelan President Nicolás Maduro brushed aside international condemnation and installed a powerful new assembly on Friday that critics say will crush the last traces of democracy. The assembly, made up of government loyalists … Continue reading
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Venezuela is Starving
Once Latin America’s richest country, Venezuela can no longer feed its people. Today, Venezuelans rummage through garbage dumps for food, an uncommon sight just a year ago. People in the countryside pick farms clean at night, stealing everything from fruits … Continue reading
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ServiceMaster
I love to read Rabbi Daniel Lapin’s book Thou Shalt Prosper because I love his take on the Judeo Christian worldview and its alignment with Biblical economic principles. Here he talks about Service Master Corporation (pg.81). “ServiceMaster Corporation in Illinois … Continue reading
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Buying Ink
I recently needed ink for our printer at home and I set out on my usual journey to compare the price at two stores at which I usually shop. I drove to one and bought the ink at some discount … Continue reading
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Did Capitalism Promote Slavery In The United States?
The United States recently celebrated its independence day on July 4th as the day when the Declaration of Independence was originally written and published by the original 13 colonies in 1776. One only has to read as far as the … Continue reading
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Is Wealth Redistribution Biblical?
Someone recently commented that I am optimistic about the power of capitalism to create a “just” economy. Do I believe in capitalism to create a just economy? Not necessarily. I see it as the best opportunity people have to advance … Continue reading
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