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In: Operations Management

in 300 words, Do you think the Bible outlines a particular economic system? If so, what...

in 300 words, Do you think the Bible outlines a particular economic system? If so, what does it look like? If not, do you think the Bible is completely neutral on the subject or does it lean more in one particular direction than another (e.g. toward a free enterprise system or a socialistic system)? Be sure to include some specific biblical texts in your discussion.

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Expert Solution

Christian Economics

The idea of Christian financial matters, rivalry through relative favorable position likewise strengthens our value and pride as in our work and persistence add to the government assistance of society in general. Relative preferred position permits us the chance to turn into the best maker of an assistance or item. Along these lines, rivalry that prompts collaboration and the acknowledgment of individual worth fits with the Christian perspective, which considers human to be as picture bearers of God.

The Christian perspective grasps a type of law based private enterprise that takes into consideration the quiet and free trade of products and ventures without misrepresentation, robbery, or penetrate of agreement as the scriptural view. To begin with, the Bible awards us the privilege to private property and calls us to be acceptable stewards of our assets. Second, a free endeavor framework bears the best chance to steward our assets dependably by making riches and opportunity. Third, the opposition in a free market framework works as per the guideline of near favorable position, which confirms our inalienable worth as people.

The a great many long periods of investigations with communist monetary frameworks have brought about only disappointment and catastrophe—Fascism, Nazism, and Communism depended on the defective thoughts of communism and Darwinian development.

Communism's call for monetary balance is countered by private enterprise's require the scriptural necessity of fairness under the watchful eye of law. The scriptural view doesn't make the rich get more extravagant and the poor less fortunate as communists battle. Or maybe, the scriptural view urges the rich to make more riches, along these lines helping the entirety of society. Approaches of redistribution of riches, including government assistance frameworks, just duplicate issues for the poor by making unnecessary administrations and thinking an excessive amount of influence in the hands of the legislature. Private enterprise, then again, supports opportunity in the political circle, limiting the threat of giving power to the state rather than to God.

The scriptural Christian perspective backings private property and free endeavor. Christians consider work to be an ethicalness, not a bad habit. The Greeks and Romans, interestingly, grounded their case for servitude in the possibility that work is a bad habit, a view embraced by both Aristotle and Plato. The Bible doesn't show communism or socialism, If nearly not many sections of the Bible might be ideal for Communism, the general soul of its teachings is, in any case, completely contradicted to it.


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