Socialism V Capitalism

Friday 14 Nov 2008

Christians throughout the world need to be aware that the Free Enterprise Capitalist System that Christianity created is under serious attack and will be greatly undermined and eroded in the coming years if we are not more strenuous in its defense.  A big mistake the Church has made in the past century has been to stay away from explaining and defending the Free Enterprise System on which our members heavily rely.

The good news is that some of our leaders are standing up.  Rick Warren appeared again on Fox's Hannity & Colmes show and spoke out against the Socialist concept of wealth redistribution.  "I'd rather like to have the government let us keep it and then you'd learn to give it away yourself, because then you get the credit and then you get the character development and then you get the heart of generosity," Warren said.  "If the government takes it from you and gives it away instead of me giving it away myself, I don't get the personal development," he said.

Hopefully more of our leaders will follow Pastor Warren’s lead, because, if the Free Enterprise system of the world is watered down; or curbed unnecessarily, in any way, the impact on the Church will be very significant.  Small business will be the hardest hit; meaning that giving can be expected to fall away sharply and missionary outreach programs everywhere, that depend on such generosity, will be negatively affected.  In such light, we can expect the persecution of Christians to increase.

Watch what is Happening

If you doubt that this is true, you need to be monitoring the news and listening to what world leaders are saying.  You also need to be cognescient of the outcome of the recent US elections and what this could mean for a big shift left in world politics and the global approach to managing the World Economy.  It does not look good for free enterprise and Christianity.

In a speech at the Manhattan Institute in New York before recent talks among leaders from the Group of 20 nations, outgoing Republican President, George W. Bush said the world policy makers should resist the urge to meddle too much in the free markets as they try to fix the current financial crisis.  President Bush urged the world leaders not to abandon free market Capitalism, calling it the ``best system'' for delivering growth.

``History has shown that the greater threat to economic prosperity is not too little government involvement in the market, but too much,'' President Bush said. ``Our aim should not be more government, it should be smarter government.''

``The answer is not to try to reinvent that system. It is to fix the problems we face, make the reforms we need, and move forward with the free market system.''  

President Bush is right, but there is a lot of evidence to suggest that no one is listening.  It is too easy and too convenient to be a critic of Capitalism in these times.

Lacking Credibility

Unfortunately, President Bush has also lost a great deal of credibility among conservatives and the public by his actions in the recent crisis.   His warnings and advice are therefore almost certain to fall on deaf ears.  The “talk” is right, but, unfortunately, as Christians say, he has not “walked the walk”.

Along with Republican Presidential candidate John McCain, who was expected to be a maverick and a defender of the Conservative cause on this issue, the Bush administration recommended and worked with the left-leaning Democrat controlled house and senate to implement a massive $700 billion financial rescue program which was and still is widely unpopular. His administration also backed unpopular government bailouts of American International Group Inc., Bear Stearns Cos., Fannie Mae, and Freddie Mac.

Consequently, the President and the US are now easy targets for the rest of the world’s leaders who are taking every opportunity to blame him for the demise and capitalize on this situation to impose their own agendas.

America and Free Enterprise under Attack

Among his detractors, French President Nicolas Sarkozy and Australian Labor Party Prime Minister Kevin Rudd have called for greater government control of free markets and have criticized the U.S. for not imposing greater control on investors and speculators.

While defending Capitalism as the ``most efficient system ever created,'' Sarkozy has also said that the view that ``everything could be solved by deregulation, free competition and the market'' is over.  The French president is taking this opportunity to push to remove the US dollar from its current position of importance in world markets.  He says it ``can't claim to be the only currency of the world anymore.''

In addition to this move that would have dire consequences for the US economy, proposals ranging from curbing executive pay, restraining hedge funds, to raising capital requirements for banks and subjecting credit rating companies to stiffer oversight, are all being discussed and have considerable support.

German Chancellor Angela Merkel is speaking out about ``greed, speculation and mismanagement''.  Australia’s Kevin Rudd is talking about ``the root of this malaise'' being in the ``twin evils'' of greed and fear that went unchecked because of ``obscene'' failures in oversight.

Sitting on the sidelines and watching all of this unfold, Russian President Dmitry Medvedev has said that, ``there should be no heightened expectations,'' for anything major to come out of this meeting.  The reason being, that, President Bush will be out of office in two months; and the world’s left-leaning leaders are looking forward to working with and testing President-elect Barack Obama.

Joe Biden’s Warning - Obama’s Test

We can only wonder if this is the “early test” of the Obama presidency that vice-president elect, Joe Biden referred to on the campaign trail. If it is, we can only pray that he will not fail the system that has given him his historic opportunity.

For certain, in this climate, we can expect that the rest of the world will gang up against America and free enterprise and try to achieve a greater role for Europe in the world.  Russia, China, Brazil, and all of America’s enemies want to see this happen.  If this is achieved, it will mean and significant shift towards greater government involvement in the free enterprise system and all the potential dangers that come with such a change.  The world will have taken a giant step towards becoming a global socialist state.

The Impact

If this happens, what will it mean for the World, and particularly the World’s Christian population?

Firstly, none of us should ignore the fact that history has a bad habit of repeating itself; and if we do not learn the lessons of history, then they almost certainly return to haunt us.

Secondly, none of us should forget that the former Russian state was the United Soviet Socialist Republic (USSR).  The reason for saying this is to remind Christians who are quick to say that Socialism is not Communism, that this difference is only recognized in Western, non-socialist countries.  Wake up America!  Wake up Christians everywhere!

Thirdly, as every dissident in every Communist state of the world will tell you, Socialism is not Social Justice; and millions will echo this from the grave, if you can hear.  Everywhere Socialism is encouraged, Christians suffer.

Considering all these things, the outlook for Christianity and small business free enterprise is not good.  Unemployment therefore can be expected to rise.  As previously suggested, if free enterprise is undermined, the flow on affects will be that giving to the Church and its causes can be expected to fall away sharply.  This means that missionary outreach programs everywhere will be negatively affected.  When this happen, as we know from experience: the persecution of Christians will increase because we are easy targets to blame.

Recommended Action

What can we do?  We must speak out!  As we have been saying through this column since we launched this service in August this year, Christians must engage in the War of Ideas that is raging throughout the world.  We must see the spiritual warfare and understand what is happening and sound the alarm.  It is our Christian duty to do so.

“If the watchman see the sword come, and blow not the trumpet, and the people be not warned; if the sword come, and take any person from among them, he is taken away in his iniquity; but his blood will I require at the watchman's hand.” (Ezekiel 33: 6)

 

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