So, Alayna is an absolutely amazing wife. For a combined Father’s day/Anniversary present she got me a pre-order of the new game Total War: Warhammer (which comes out on the 24th). This is a game that I (and a lot of other people) have been waiting for someone, anyone, to make for around fifteen years. I still play a few video games, but I don’t generally play that many (I don’t have time to play that many…). I actually still haven’t gotten around to finishing Pillars of Eternity (though it is an awesome game). However, like I said, this is a game that I’ve been waiting for fifteen years to see someone make. I’m a little bit excited about it. Anyway, on a completely different note, something that I’ve been thinking about lately is American Christian attitudes towards money (on the individual level) and economics (on the societal level). I often see attitudes in the Christian church that do little to reflect the actual teachings of scripture. In general, these attitudes tend to follow the two common secular attitudes towards general economics: Capitalist Christians and Socialist Christians. Now, I should point out first that when I speak of Capitalism I mean primarily the economic structures that you see in America, not the economic structures that you find in Columbia or Niger. Similarly, when I speak of Socialism I mean primarily the economic structures that you see in Austria, Germany, or Canada, not the economic structures that we saw in Society Russia or Maoist China. A good argument can be made that extreme Communism is a form of Socialism. However, a good argument can also be made that the oppressive ‘free’ markets of South America and Central Africa are a form of Capitalism. So, for a good comparison conservative Capitalism and Socialism should be compared to one another and extreme Capitalism and Socialism should be compared to one another: that is that Soviet Russia should be compared to Columbia and Canada should be compared to the US.
That being said, I don’t honestly think that either Capitalism or Socialism effectively presents a biblical attitude towards economics. It is true that Adam Smith’s original theory (Capitalism) did make some use of the Christian concept of providence in the ‘Invisible Hand’ of the market. However, even in his original theory this comes across more as a statement that ‘God is in control so we don’t need that many rules’ (and in laissez-faire capitalism this tends to turn into ‘we don’t need any rules’). However, this seems to be a muted and generally empty conception of Providence, which must be combined with Sovereignty to have any meaningful content. Christian versions of Capitalist theory generally faik to acknowledge that the world is the Lord’s and all that is in it, but attempts to rely on the idea that God guides the unknowable forces of the free market. Instead of actually living in a world that is seen as meaningfully God’s, with all of the responsibilities (social and theological) that come with that understanding, it tends to adopt a Capitalist assumption that economic growth is essentially good (that is in Aristotelian terms that goodness is a necessary component of economic growth such that if it is not good it cannot be called economic growth, this would be opposed to an accidental and contingent goodness of economic growth which accepts that economic growth is good when it stems from good motives and is used for good ends). In extreme forms of Capitalism this assumption is used to justify over oppression and subjugation of vulnerable people groups. However, even in less extreme forms of Capitalism the assumption is present and generally leads to the rejection of regulations that are necessary to effectively guide the market according to God’s principles. For instance, consider the economic laws of the Old Testament such as the Sabbatical Years or the Year of Jubilee, the requirements against the charging of interest, etc. These laws existed to ensure that the economic growth of the nation of Israel protected and provided for even the weakest among them. The economic oppression and subjugation of the weak members of Jewish society was not acceptable under the Old Testament law, and throughout the Prophets this very economic oppression and subjugation is one of their primary condemnations of Israel.
However, on the other hand, Socialist theories tend to attempt to take regulation into the hands of man. They tend to reject the concept of the invisible hand of the market and the concept of providence that goes with it. However, this equally rejects the sovereignty of God. Scripture absolutely supported the equitable provision of opportunities, and this is consistently seen in the Law through the emphasis that the land could not be permanently bought or sold. Every Israelite family had the opportunity to develop their own land and thus prosper economically. However, scripture no where supports the intentional redivision of resources in order to provide equal income. What the Israelites did with their land was on them. Those who cared for their land well and prospered tended to have more and those who neglected their land fell into debt and sometimes had to sell themselves into indentured servitude (I use this term because it more accurately described the strictures of the law than ‘slavery,’ which has specific connotations in America that do not reflect the Mosaic Law). However, even in these cases their masters were to treat them well, and every fifty years slaves were freed and their original land was returned so that the family could start over. So, the idea that a universal $15 minimum wage is a moral necessity simply doesn’t see biblical support, nor does the excessive taxation of the wealthy in order to provide welfare services to those who could work, but don’t. However, the taxation of those who can and do work in order to provide for those who legitimately can’t (i.e. the seriously handicapped or very vulnerable) absolutely sees biblical support. As does the argument that the government has a responsibility to care for the poor (in fact, in the Old Testament it is most commonly the King, Judge, or Ruler who is expected to enforce the laws that provide for the legitimately poor, and it is the wealthy who are expected to leave some of their income in order to supply this provision).
Ultimately, Christian Capitalists tend to fall into the trap of ignoring the impact of greed upon the economic structures of the nation while Christian Socialists tend to fall into the trap of ignoring the impact laziness upon the economic structures of the nation. This is very general and the issue is significantly more complicated, but this seems to be an apt, if very general, description. So, here is my question for you: is there a third option? Some Confucian scholars have pointed to several area in the Far East (specifically Singapore and Japan) that are in the process of developing ‘Communitarian Capitalism,’ which stands starkly against the individualistic and often greed-focused liberalism of Laissez-Faire Capitalism, but stands equally against the thoroughly State-Led nature of Socialism and accepts the general idea of a free market that is, to some degree, self-directing. However, this is effectively experimental and, for Christians, likely falls into some of the same traps as I outlined above. If there is a third option, what significant underlying assumptions would it be founded upon?
As always, write me a story of 1000+ words that gives your take on the issue.