Is Capitalism evil? If you listen to many in our society you might get the impression that capitalism is an inherently evil system that is corrupting us. A closer look at this system and how it has shaped western society, however, reveals quite a different picture.
In his new missive entitled Money, Greed and God, Dr. Jay Richards provides a defense for capitalism and demonstrates how it has been a force for good. The book was recently published by Harper One. Here is the publishers description:
Does capitalism promote greed? Can a person follow Jesus’s call to love others and also support capitalism? Was our recent economic crisis caused by flaws inherent to our free market system? Jay Richards presents a new approach to capitalism, revealing how it’s fully consistent with Jesus’s teachings and the Christian tradition, while also showing why this system is our best bet for renewed economic vigor.
The church is bombarded with two competing messages about money and capitalism:
- wealth is bad and causes much of the world’s suffering
- wealth is good and God wants you to prosper and be rich
Richards exposes these myths, and other common misconceptions about capitalism, and reveals the surprising ways that capitalism is, in fact, the best system to respond to the biblical mandates of alleviating poverty and protecting the environment. Money, Greed, and God equips readers to take practical steps in their own lives to conduct business, worship God, and serve others without falling into the “prosperity gospel” trap.
I have not read the book yet, but I plan to put it on my short list. I hope that you will do the same. Its about time that capitalism be let out of the penalty box. Capitalism may be wounded but it is not dead and it is most certainly not evil.
HT: Justin Taylor