‘Is Capitalism morally bankrupt?’

This is the question that a recent publication in the The Jubilee Centre’s Cambridge Papers addresses. Working from a Biblical framework, ‘Is Capitalism morally bankrupt? Five moral flaws and their social consequences‘ by Michael Schluter questions the philosophical foundations and institutions of Corporate Capitalism and highlights its detrimental effects on society.

Schluter contends that Corporate Capitalism suffers from the following failings:

1. An exclusively materialistic vision
2. Reward without responsibility
3. Limited liability of shareholders
4. People disconnected from place
5. Inadequate social safeguards

He then argues that these failings have the following negative consequences:

1. Family and community breakdown
2. Giant government and giant corporates

Schluter suggests that a new economic order based on biblical revelation needs to be found, and promises that one will be set out in a future issue of the Cambridge Papers.

Read the whole paper: Is Capitalism morally bankrupt? Five moral flaws and their social consequences.

Ally Gordon, the UCCF Interface Arts Co-ordinator, writes about doing Art for the Glory of God on the Evangelical Alliance website:

The Christian is free to make art in whichever discipline, medium or genre he chooses and there really is no such thing as “Christian art” just as there is no such thing as ‘Christian medicine’, ‘Christian food’ or ‘Christian plumbing’ for “the earth is the Lords and everything in it” (Psalm 24:1) The diversity of subject matter available to the Christian is as rainbow rich as the creation itself. As Paul wrote to Timothy, “everything God created is good and nothing is to be rejected” (2 Tim 4:4). There may not be “Christian art” but there are Christian approaches to making art. A good starting point is the question, “how does art function in the Kingdom of God?”

Read the whole article.

HT: Dave Bish