Wednesday, October 13, 2004

Democracy + Capitalism = Freedom

After the grand debate over at Stones Cry Out about the economy, Pawnking has contributed with his own post about the definition and purpose of wealth.

He starts with these 3 main points and continues the discussion from there:
1) Wealth is freedom. "The borrower is servant to the lender." (Proverbs 22:7). This is true for so many reasons I hesitate to make the case for it, it seems so obvious. Please post in comments if you feel this is in ANY way inaccurate.

2) Democracy and capitalism are the greatest wealth generators ever devised in history. Again, this is so inarguable I hesitate to waste time making the case.

3) QED, democracy and capitalism are the greatest generators of freedom ever devised.

And, his conclusion:
Wealth is not evil. The bible only states that the love of money is evil. Wealth is simple a means which allows those who possess it to make more choices than they otherwise would. More choices for more people generally leads to better decisions, which leads to more efficiencies, which leads to more wealth. Anything which gives the most number of people the greatest ability to generate wealth is a great good, not only for a country's prosperity, but morally.

Very Interesting.