Austin Hill and Scott Rae
Northfield Publishing (Moody Publishers), 153 Pages, Paper, $14.99
With the economy the way it is, and with the current U.S. administration increasingly being regarded as socialist or socialist-leaning, this interesting book is especially pertinent. The book begins by addressing the idea that only so-called “moral issues” are important, that some people care little about economics. But the book challenges people to regard economics as a moral issue, and warns that we “can no longer afford to sit on the sidelines and pretend” otherwise.
The Virtues of Capitalism addresses the Bible’s statements on economics, including the matters of wealth, poverty, and possessions. Then the book answers the critics of capitalism in their charges, such as “it’s all about greed,” “the rich get richer at the expense of the poor,” and “capitalism leads to significant inequalities in wealth.” The discussion rounds out with these chapters: “Did Capitalism Fail in the Early Twenty-First Century?” “Government Intervention: Help or Hindrance?” “Corporate Greed and the Politics of Envy,” and “Capitalism Can’t Do It All.” Dave Ramsey, host of the Dave Ramsey Show, said of the book, “This should be required reading in every college in the country!”
Austin Hill is an editorial contributor to national publications including U.S. News & World Report, and he hosts a daily radio program. He is a graduate of Biola University. Scott Rae is professor of Christian ethics and chair of the philosophy of religion and ethics department at Talbot School of Theology.