Webster’s Collegiate Dictionary defines capitalism as “an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision rather than by state control, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.”
The question is: who should control the capital – the private sector or the state?
Critics of Capitalism quote Jesus’ words, “It is easier for a camel to pass through the eye of a needle than it is for a rich man to enter the Kingdom of Heaven” (Matthew 19:24). Jesus here, did not teach that material success will keep a person out of heaven, but rather, that placing the love of material success above the love of God will certainly hinder people from entering heaven.
Jesus’ parable of the Talents (Matthew 25:14-30) is a clear decisive lesson on investment, capital, entrepreneurship, and the need to utilize ones resources. This parable shows no contradiction between material success and living the ethics of the Christian life.
In fact, we find that the socialism is the direct opposite to moral ethics. How?
While Christian values promote creativity and ingenuity, socialism discourages both.
While Christians look with optimism and a sense of opportunity to the future, socialism promises a minimum state security.
While Jesus in the parable advocates the freedom to trade, invest and profit, socialism cancels all.
While Jesus in the parable encourages hard work, socialism encourages laziness and dependency on the state.
A truly moral system is one that allows the individual to utilize his or her talents to the fullest.
Is Capitalistic America turning Socialist?
Yes, America is slowly shifting gears from Capitalism to Socialism where citizens are encouraged to be dependent on the government.