Part 1 of A Discussion of Thomas D. Simpson’s Capitalism versus Socialism Chapter 2 “Market-Based Systems” If we are going to compare the four economic systems, we need to first define and understand each one of them. This is the chapter that focuses on market-based systems. While the title of the book…
Category: Capitalism versus Socialism
Next We See What the Bible Says about the Four Pillars
Part 2 of A Discussion of Thomas D. Simpson’s Capitalism versus Socialism Chapter 1 “Pillars of Economic Systems” Last blog, I introduced the four pillars and the four economic systems they define. Now, Simpson is looking to the Bible for any direction for answering the four pillars. Pillar 1: Who Owns Property It…
First We Examine the Four Pillars to Define Four Economic Systems
Part 1 of A Discussion of Thomas D. Simpson’s Capitalism versus Socialism Chapter 1 “Pillars of Economic Systems” It seems like a bold statement to say the Bible can tell us what economic system we should have. In fact, Simpson does not think it can directly, but if we define each economic system…
Does the Bible Have Anything to Say About Our Economy?
A Discussion of Thomas D. Simpson’s Capitalism versus Socialism “Preface” Some years ago the author of the next book I am going to discuss, Thomas D. Simpson, was asked to give a talk about the different economic systems and which were most compatible with biblical teaching. Out of the research for that talk,…
