Dr. Albert Mohler of Southern Baptist Seminary demonstrates that “Christian” economics are not socialist at all:
As Adam Smith recognized, the economy is a moral reality. … Christians should look at the economy as a test of our values. The Bible values honest labor and dedicated workers, and so should we. The Bible warns against dishonest business practices, and we must be watchful. False valuations are, in effect, lies. Dishonest accounting practices are just sophisticated forms of lying. Insider information is a form of theft.
The Bible honors investment and thrift, and Christians must be wary of the impulse for short-term gains and pressure for instant profit. Over the long-haul, the entire economy must prosper if the vast majority are to do well and realize a responsible gain.
… The big debate in Washington is over the extent of government intervention. Prudence would indicate that the less government intervention, the better. … Given the reality of human sin, we should not centralize economic control in the hands of the few, but distribute economic power to the many. A free market economy distributes power to multitudes of workers, inventors, investors, and consumers.
