For many centuries long before the founding of the United States, many leaders have taken the wrong approach regarding finances. Leaders in both the Christian church and America in general have dropped the ball regarding money and personal wealth. Long before Marx spread his evil political and economic concepts, many wondered if God favors free enterprise or communism. Many church leaders foolishly preach against money and wealth as it they are evil spirits. For centuries throughout Europe the Catholic church convinced members to accept poverty as their lot in life. But yet, the church never missed an opportunity to guilt many poor believers into handing over their meager coins to fund the building of opulent cathedrals.
The bishops, cardinals, etc. did not usually participate in the lowly existence they preached over their gullible attendees. Funny thing though, God created the earth with mind boggling levels of wealth. The Bible states that wealth belongs to God, but man, is steward of it. “Not just government or church officials.” The word steward means to be a responsible administrator of the owners property. We are all stewards of some possessions and influence. In earlier Biblical times Joseph was practically Potipher’s steward, and later became Pharoh’s chief minister. He himself had a steward over his own house, Genesis 39:4,5; 44:1,4).
God gave us silver, gold, minerals, oil uranium, and numerous other symbols of wealth. From Genesis to Revelation, the Bible refers to silver and gold more than 700 times. Gold is mentioned in the scriptures more often than any other metal. The word money refers to silver and gold, which were used for currency in Biblical times. In the King James Bible, gold is mentioned 417 times and silver 320 times. In our own republic, the wealth would be better preserved if our monetary system was again based on something tangible like silver or gold. Thus, it would help prevent the printing of deficit building fiat money with no intrinsic value.
True wealth includes gold, silver, precious stones, material goods, natural resources and wise creativity. Creativity is considered wealth because it is one of the main sources of witty inventions, technology, scientific advances, art literature and good music. Today we constantly hear and read about economics. Economics is the observance of how people choose to use resources. It explains the production and consumption of goods and the exchange and transfer of wealth for producing and obtaining goods. Economics describes the interacting of people within markets to get products or services they need to accomplish particular goals. Since economics is a driving force of human interaction, studying it can reveal why people and governments behave in certain ways.
Many people either in government or the church are through indoctrination stiff necked against free market economics. They often portray a disdain for money. But they never fail to pass the old church collection plate, or in government tax us way too much. In fact, wealth was originally God’s idea. In the book “Was Jesus a Capitalist, by Jennifer Clark”, she reminds us of the two major forms of economics.
- Microeconomics considers the actions of individuals and industries, such as the dynamics between buyers and sellers, borrowers and leaders.
- Macroeconomic analyzes the economic activity of a whole nation or the international marketplace. This history of macroeconomics reveals how much economic theory and practice has changed from ancient times to present day.
Throughout history there have been several major economic systems or persuasions among them was 1.) Manorialism: (400 AD-1400AD It was a political, economic and social system in Middle Age Europe. A manor consisted of a large main house for the lord of the manor, one or more villages and up to several thousand surrounding acres. Manors, not villages were the economic and social units of life in the early Middle Ages. Peasants were tied to the land under control of the lord. By 1000 AD most peasants had become serfs, or semi-slaves, because of debt.
2.) Feudalism (800 AD-1400 AD) Feudalism was a hierarchical system in which a lord or king gave a gift or land (known in Latin as a feudom) to a vasal, or Knight, in exchange for protection. Because feudal Europe depended heavily on agriculture, wealth came from the land. Land ownership became a way to improve social status and become a member of the upper class.
3.) Mercantilism is an economic system in which government control of foreign trade was considered of utmost importance to ensure the prosperity and security of a state. It was based on the accumulation of gold, gaining colonies, maintaining a Merchant Marine as well as developing industry and mining for a favorable balance of trade: Wealth could only be accumulated, not created. Mercantilism was a cause of frequent European wars in that time. It was also a big motive for colonial expansion.
3.) Free Enterprise: presently in partial operation. Free Enterprise is an economic system in which private businesses are free to operate competitively for profit with minimal government regulation, interference, or subsidy. It is governed by the law of supply and demand and regulated by competition. The word capitalism was coined by Karl Marx as a derogatory term for free enterprise.
In such an environment business owners, entrepreneurs and employees are more inclined to work hard and smart to succeed. Thrift, honesty and working to be the best usually brings forth greater rewards of profits, more customers and better wages. America became the economic envy of the world by utilizing free market economics. The free market encourages personal effort, integrity, inventiveness and innovation. As a result, greater numbers of people from all walks of life have the opportunity to build a life of success and leave a legacy and inheritance for their children and children’s children. I believe the free enterprise system is more aligned with Biblical principles that benefit those who wisely choose to exercise them.
Ironically the communism being sought by many indoctrinated Americans is oppressive and doesn’t reward good moral behavior and the work ethic. Communism kills off the desire to work hard and smart while making everyone poor and hungry in the long run. Exhibit a is Venezuela. Observe the conditions there now, then research how that once very prosperous nation was a model of stability and opportunity. I personally believe that those who seek the truth, economic and otherwise shall soon be set free by adhering to the truth. Please join me as I Blow Away the Myths and Reveal the Truth via The Ron Edwards Experience Fridays at 4:00 PM ET, 1:00 PM PT on KCKQ AM 1180 Reno Nevada and worldwide via SHR Media and www.americamatters.us. I do it again 12:00 AM ET Sunday on the www.talkamericaradio.us internet and terrestrial radio network. Don’t miss a page of The Edwards Notebook commentary on the overnight weekend Captain’s America Third Watch hosted by Matt Bruce and heard on 130 American radio outlets.
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