Embracing free enterprise and economic liberty promotes human dignity and provides the institutional structure in which economic justice and mercy will most likely flourish. However, entrusting the good of society to government coercion leads to despotism and tyranny, which destroy society’s original object. This article explains.
In answer to the challenge of communism, socialism, and capitalism, this article proposes the household economy as a model to strive for. Making the household and family the center of the economy is the proper way of attaining the transformation of culture.
Is Christianity against capitalism? After examining Acts 2:42-47 and Acts 4:32-5:11, this article shows that all giving in the early church was a voluntary and joyful response to the gospel and its powerful attestations through the apostles. Therefore, Christianity cannot be used as an objection to capitalism.
Economic freedom allows everyone to use their unique gifts to serve God and others. This article gives five reasons why Christians should embrace economic freedom.
Economic freedom can be measured through higher life expectancy, lower levels of child mortality, better performing and cleaner environments, higher incomes for the poor, better protected civil liberties, less child labor, and less unemployment. This article shows that this can be achieved by economic freedom, and shows how the pillars of economic freedom are rooted in Scripture.
What should be the Christian approach to market competition and participation in the market economy? This article explains that to live in the reality of competition and yet avoid hurting others, it is best to embrace competition as cooperation. It explains that how this can benefit society, customers and consumers.
In the Introduction John Calvin is considered as one who made one of his most enduring contributions as he paved the way for modern, market-based business practices. The authors argue that Calvin both witnessed and contributed to a change in the world’s economy.
Goudzwaard "...contrasts the concern of modern economic analysis with outcomes measured in terms of economic growth and income per capita, with the emphases of the Old Testament economy for the right treatment of the inputs to the productive process, especially land and labour" (as quoted in Donald Hay, Christianity and the Culture of Economics, 9).
