Thursday, 31 December 2009

Christians and capitalism

From the Cato Institute comes this video of a book forum on Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem by Jay Richards. The forum features the author, Jay Richards, with comments by Doug Bandow, Senior Fellow, Cato Institute, and author, Beyond Good Intentions: A Biblical View of Politics. Moderated by Daniel Griswold, Director of the Center for Trade Policy Studies, Cato Institute, and author, Mad about Trade: Why Main Street America Should Embrace Globalization.

Defenders of the free market must often contend with accusations from Christians that capitalism is immoral despite its track record of delivering the goods. Jay Richards says there's no contradiction between Christianity and capitalism. He argues that markets, though imperfect, are a natural outgrowth of God's creation and an important tool for helping the poor and disadvantaged.

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