Wednesday, November 14, 2012

Capitalism in the Kingdom

What is capitalism? Merriam-Webster: "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 that are determined mainly by competition in a free market"

Old Testament law declared the right to own private property. Exodus 20:17: "Thou shalt not covet thy neighbour's house, thou shalt not covet thy neighbour's wife, nor his manservant, nor his maidservant, nor his ox, nor his ass, nor any thing that [is] thy neighbour's."

Right to own private property was not denied in the New Testament, either. Acts 5:4: "Whiles it remained, was it not thine own? and after it was sold, was it not in thine own power? why hast thou conceived this thing in thine heart? thou hast not lied unto men, but unto God."

No comments:

Post a Comment