Christians, Capitalism, and Ayn Rand [Re-blog]

This post has just gotten a lot of hits, apparently from a prominent Facebook share. It (and Jesus and Politics) seemed especially appropriate four days before election, so I’m re-blogging.

teddy ray

cap-socIf you pay any attention to politics, you’ve been deluged with economic talk for the past, oh, four years. We’ve seen the rise of the Tea Party, Occupy Wall Street, the return of Gordon Gekko, and polarized political views about how to fix a slumping economy. And that barely scratched the surface of what you’ll get in the next three months.

In the midst of it all, I’ve spent a lot of time wondering what is an appropriate Christian stance and response.

Capitalism and Christian Economics

Let’s look first at the ardent capitalists. Ayn Rand’s fame has soared in the past few years. People like Edward Conard are writing about how growing income inequality is a sign that our economy is working (see this long but interesting interview with him).

So far as the goal is to increase the number of middle-class people and to increase their purchasing power, I…

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