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Economic Systems, W. David Sapp
Two greateconomicphilosophiesvie forthe allegiance of nationsinthe modernworld. Both
philosophies,socialismandcapitalism,are builtonmoral arguments. Socialismisbuiltonthe ideal of
equality. Inapure socialistsystem,everypersonhasanequal rightto the economicbenefitsof the
society. Capitalismisbuiltonthe ideal of freedom. Ina pure capitalistsystem, everypersonhasan
equal opportunityforachievementinthe marketplace. Socialistssee capitalistasgreedytycoonswho
trample onthe basic rightsof other humanbeingsintheirquestforwealth. Capitalistsseesocialistas
na誰ve utopianswhosmotherthe veryinitiativeswhichwill inthe endsolve manyof the problemsof
sufferinghumanity. Twopointswhichare critical toany ethical examinationof the twosystemsfollow.
First,pure socialismandpure capitalismdonotexist. Theymustbe evaluatedastheyexistinpractice,
not as theyare describedintheory. Karl Marxsdreamof a societywithoutgreedisnomore a picture of
contemporarysocialismthanAdamSmithsdreamof anationof small entrepreneursisapicture of
contemporarycapitalism.
Second,while mypersonal preferencerunsstronglytocapitalism, itisimportanttorealize thatthere is
no totallyChristianeconomicsystem. Economicsystemsare humaninoriginandtemporaryinnature.
The Bible doesnotendorse anyeconomicsysteminitsentirety. Rather,the Bible givesusprinciplesby
whichall economicssystemscanbe judged. The Christianfaithmustpreserveitsabilitytoserve asthe
moral critic of everyeconomicsystem. Whenthe faithisidentifiedwithaparticularsystem, then
Christianitycompromisesitsabilitytocriticize thatsystemanditsabilitytoevangelizethose outside that
system.
pp.176-177
UnderstandingChristianEthics,AnInterpretive Approach
WilliamM.Tillman,Jr.Editor
BroadmanPress
Nashville,Tennessee
Copyright1988

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Economic systems w david sapp

  • 1. Economic Systems, W. David Sapp Two greateconomicphilosophiesvie forthe allegiance of nationsinthe modernworld. Both philosophies,socialismandcapitalism,are builtonmoral arguments. Socialismisbuiltonthe ideal of equality. Inapure socialistsystem,everypersonhasanequal rightto the economicbenefitsof the society. Capitalismisbuiltonthe ideal of freedom. Ina pure capitalistsystem, everypersonhasan equal opportunityforachievementinthe marketplace. Socialistssee capitalistasgreedytycoonswho trample onthe basic rightsof other humanbeingsintheirquestforwealth. Capitalistsseesocialistas na誰ve utopianswhosmotherthe veryinitiativeswhichwill inthe endsolve manyof the problemsof sufferinghumanity. Twopointswhichare critical toany ethical examinationof the twosystemsfollow. First,pure socialismandpure capitalismdonotexist. Theymustbe evaluatedastheyexistinpractice, not as theyare describedintheory. Karl Marxsdreamof a societywithoutgreedisnomore a picture of contemporarysocialismthanAdamSmithsdreamof anationof small entrepreneursisapicture of contemporarycapitalism. Second,while mypersonal preferencerunsstronglytocapitalism, itisimportanttorealize thatthere is no totallyChristianeconomicsystem. Economicsystemsare humaninoriginandtemporaryinnature. The Bible doesnotendorse anyeconomicsysteminitsentirety. Rather,the Bible givesusprinciplesby whichall economicssystemscanbe judged. The Christianfaithmustpreserveitsabilitytoserve asthe moral critic of everyeconomicsystem. Whenthe faithisidentifiedwithaparticularsystem, then Christianitycompromisesitsabilitytocriticize thatsystemanditsabilitytoevangelizethose outside that system. pp.176-177 UnderstandingChristianEthics,AnInterpretive Approach WilliamM.Tillman,Jr.Editor BroadmanPress Nashville,Tennessee Copyright1988