On Capitalism and the Need For a Christian Critque

“Capitalism has trounced all its enemies: socialism and communism and the rest. But it is now at its greatest danger, both as a theory and as something practical in terms of, say, daily consumerism. And we as followers of Jesus must give a theoretical critique of capitalism and a very practical critique of capitalism in terms of shopping malls, etc. And if we don’t, it is going to undermine itself and our culture.” – Os Guinness from a 9 Marks.org interview

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    • russellandduenes
    • March 25th, 2009

    Good thought. I’ve been thinking alot lately about economics and the various economic “systems” that humans have devised. As you’ll know from my own blog, I lean towards a free market system, but I have questions. I’ve seen very few answers to my questions that don’t resort to some sort of “Christian socialism.” This has been disappointing. Perhaps you can help me along these lines. I read a lot of Thomas Sowell and George Will. I read Milton Friedman’s “Capitalism and Freedom,” and it was helpful. Marvin Olasky has been helpful, too. I’ve read both of his books on American compassion. Now I need to find someone who has asked the same questions I’m asking from a Christian standpoint.

      • humanitasremedium
      • March 26th, 2009

      I am having the same troubles you are having. I have a hard time believe that a system based on self interest is the best Christians can come up with. In light of this I reject the notion of some sort of “Christian Socialism.” I am able to look at arguments and say, “No, that’s not it,” but haven’t found any that I find to be completely satisfactory, which leaves me a default free market guy, but I am trying to be a critical, almost reluctant one in light of what Scripture says about greed and sinful nature. As far as books,I would recommend Martin Wolf’s, “why globalization works” as a good starting point. Wolf is not Christian but he offers a good explanation of the global market and why it is helpful for all players. From a christian perspective Wayne Grudem has book called “Doing business for the glory of God” and there is free accompanying audio you can download. here is the link for those.
      http://www.sovereigngracestore.com/ProductInfo.aspx?productid=A2000-00-51

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