In light of the rising popularity of socialism in this country, we need to talk about economics. Why? Because economic theories have both a moral foundation and moral implications. As such, Christians ought to care about and critically evaluate economic theories. I contend that socialism is a morally evil and ideologically naïve economic philosophy that has failed everywhere it has been tried, resulting in tyranny, misery, and poverty. In contrast, capitalism is a morally good and practical economic philosophy that has produced the most freedom, wealth, and human flourishing in the history of the world. To the extent that we care about freedom, and human flourishing, we should promote capitalism and eschew socialism.
In a new four-part series on economics, I’ll make a moral case against socialism and a moral case for capitalism. Episode one just dropped today. Listen wherever you get podcasts, or at https://thinkingtobelieve.buzzsprout.com.