I’m sure some of you thought I was crazy when I posted last week that I think capitalism, socialism and communism are all fine economic systems, depending upon the moral fabric of the people engaged in them.
Some of you think capitalism is the only way. Others think it is the ruin of the world. Most of us consider communism to be untenable, while a few believe that it is the only way to fairness for everyone. Socialism, somewhere in the middle of the two, also has proponents and adversaries.
My favorite economic system is what I would call, compassionate capitalism. Here’s where I get it from. The Bible says that people need to work to eat and that workers should be paid fair wages. The Bible says that each family must work to provide for itself, but that farmers should not harvest all of their fields, but leave some food behind for those less fortunate.
The Bible asks people to give a tenth of what they make to the church, who then is to distribute some of that to those who are truly in need. The Bible says to set up a roll for those who are in need, but only those who are truly unable to work are allowed on the list.
The New Testament Christians lived somewhat communistically, having everything in common. But it was done as one wished, not required.
The Bible repeatedly decries laziness, but also continually admonishes those who have to share with those who are poor.
A recent example in my life is this. I work about 24 hours a week, and decided to use some of that money to go to a conference several weeks ago. Unfortunately, that conference ended up being canceled due to severe weather. I did cancel my airline tickets in hopes of using them another day. However, I told the hotel, the person I was renting my car from, and the conference host organization that they could keep the money that I had already paid them, as I knew that they were suffering greatly because of the destruction the weather wrought.
That is compassionate capitalism. I work hard and get paid fair wages (sometimes a little on the low side, but that is because my husband makes plenty of money to keep our family afloat, so I can afford to get paid a little less as a way to bless those I am working for). I then spend my money to support others who are working hard. And when tragedy strikes, I am able to bless them with money that I had already planned to spend, even though I will no longer reap the benefit, sort of like the farmer who leaves behind some of the harvest for those less fortunate. I also do donate to organizations who help people during natural and human-made catastrophes.
Let us truly love our neighbors as we love ourselves. We love ourselves plenty most of the time.
If we work and spend as a way of loving others, the perfect economic system will naturally form.
