Are Capitalism and Consumerism Necessarily the Same Thing?

On pages 4-5 of this RTS magazine you’ll find a helpful article by Dr. Bruce Baucus that argues that free markets are not an equivalent to consumerism. It’s easy to lump things together that look alike, but Biblical distinctions are imperative. A quote to whet your appetite: “Although consumerist self-indulgence is the American way of life, it is antithetical to the life we were created and are called to live before God. Ironically, it is also incompatible with the free market, which belongs to the created order and is worth striving to realize. But a truly free market can only be realized through people who act justly, keep covenants and serve others (cf. Micah 6:8). The superficial notion that free markets are founded on greed and thus represent a post-Fall economic order misunderstands their nature and origin and, more importantly, what makes a free market truly free.”

SDG

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: