In following the news of the presidential race, it is alarming to see how those on the left side of the political spectrum either fail to understand how economy works, or simply reject it in favor of a government controlled system. This is especially true of Bernie Sanders, the socialist senator running for president. His lack of understanding of how capitalism works is, at times, breathtaking.
While I favor a capitalist system, even I must admit that not everyone who practices capitalism does so in a right or biblical fashion. But this is the price of freedom. If a man wants to get rich but has no regard for his community, that's the price of freedom. He is free to do so. But if a Christian wants to use the advantages of capitalism in a biblical way, then there are a few things he should know.
This article is not an exhaustive take on biblical capitalism. Rather, I'd like to provide just four points of understanding that a Christian in a capitalist system should understand. These are also a rebuttal to the left's misunderstanding or rejection of the economic system that has created more wealth and opportunity than any other system in history.
First, it is important to understand what capitalism is; what is it's purpose? The purpose of biblical capitalism is the acquisition of wealth by the means of creation (products and services to fulfill a need), expansion (to serve as many people as possible), and blessing (to provide for people's needs through service and through gifting to the community and ministry). With this understanding, let's move on to our four points.