Capitalism verses socialism

There are links at the bottom of each page to other pages: On this page we will compare Socialism, Capitalism and Communism.

Capitalism verses socialism

What does the Bible say about capitalism?

Download Issue Editor's Preview: Was Jesus, blessing the poor in spirit, a political revolutionary as some in Latin America argue? Was Noah, the just man, an early welfare liberal as the Christian Left in this country would have it? On the contrary, says Ronald Nash in this presentation to a Center for Constructive Alternatives seminar, an accurate reading of the Bible bolsters the case for free markets, individual rights, and limited government.

Within the Christian church today, one can find a small but growing army of Protestants and Roman Catholics who have entered into an uncritical alliance with the political Left. The so-called liberation theologians not only promote a synthesis of Marxism and Christianity, but attempt to ground their recommended restrictions of economic and political freedom on their interpretation of the biblical ethic.

A growing number of my own religious fellowship those theologically conservative Protestants known as evangelicals appear to stop just short of the more radical pronouncements of the liberation thinkers.

Capitalism verses socialism

These evangelicals of the Left are convinced that the biblical ethic obliges them to condemn capitalism and endorse the politics of statism and the economics of socialism. Many writings from the Christian Left illustrate what can be called the prooftext method.

What these writers normally do is isolate some vague passage usually one from the Old Testament that pertains to an extinct culture situation or practice. They then proceed to deduce some complex economic or political program from that text.

My approach to the subject rejects the prooftext method and proceeds via three main steps. First, a Christian should acquire a clear and complete picture of the Christian worldview. What basic views about God, humankind, morality, and society are taught or implied by Scripture?

Second, he should put his best effort into discovering the truth about economic and political systems. He should try to clarify what capitalism and socialism really are not what the propagandists say they are ; he should try to discover how each system works or, as in the case of socialism, whether it can work.

He should identify the strengths and weaknesses of each system. Third, he should compare his economic options to the standard of biblical morality, and ask which system is more consistent with the entire Christian worldview.

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Creator and Freedom; Morality and Sin We can begin, then, by noting several relevant aspects of the biblical worldview: Whatever possessions a human being may acquire, he holds them temporarily as a steward of God and is ultimately accountable to God for how he uses them.

However omnipresent greed and avarice may be in the human race, they are clearly incompatible with the moral demands of the biblical worldview. All human beings have certain natural rights inherent in their created nature and have certain moral obligations to respect the rights of others.

Capitalism verses socialism

The possibility of human freedom is not a gift of government but a gift from God. The Old Testament tended to focus on the economic and social dimensions of freedom. But gradually, as one moves into the New Testament, a more spiritual dimension of freedom assumes dominance.

Some interesting parallels between the biblical account of spiritual freedom and political-economic freedom should be noted. For one thing, freedom always has God as its ultimate ground. For another, freedom must always exist in relationship to law. The moral law of God identifies definite limits beyond which human freedom under God should not pass.

Liberty should never be turned into license. While the Ten Commandments do not constitute the entire biblical ethic, they are a good place to begin.Socialism places man, and ultimately the State, in the place of God. Man becomes owned by other men, instead of by his Maker.

Socialism is an entirely humanistic, God-denying, God-usurping belief.

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May 12,  · Okey so here is the ultimate debate debate communism versus capitalism VS socialism has taken place millions and billions of times but still the.

Question: "What does the Bible say about capitalism?" Answer: The dictionary defines capitalism as “an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods.

Another sadly typical example of comparing capitalism in the real with socialism in the ideal, unmoored from the consequences of the incentive scheme that results. That Bruenig thinks it beneath her to detail exactly how one achieves “de-commodification” of labor is the epitome of this.

Socialism: Of course, it can covert to Capitalism because man is willing to accept any form of progress that is any better than a government that doesn’t provide nor care for the people or society. Man is made for production and progress and therefore welcomes idealistic productivity and beneficial advancements as long the government is not. Bible Verses about Socialism. Matthew ESV / helpful votes Helpful Not Helpful “Thus, when you give to the needy, sound no trumpet before you, as the hypocrites do in the synagogues and in the streets, that they may be praised by others. Truly, I say to you, they have received their reward. Cultural depictions of capitalism are almost all negative. There's the Monopoly guy with the top hat and cigar. There's Gordon Gekko saying, "Greed is good." And, most recently, there's the hedonism of the "Wolf of Wall Street." The message is clear: capitalism is selfish. Socialism, or something.

In a way, communism is an extreme form of countries have dominant socialist political parties but very few are truly communist. In fact, most countries - including staunch capitalist bastions like the U.S. and U.K. - have government programs that borrow from socialist principles.

When capitalism, the system of free economic exchange, is described fairly, there can be no question that it, rather than socialism or interventionism, comes closer to .

Socialism, Capitalism, and the Bible - Imprimis