Latest / Faith and Action: The Collected Articles of R. J. Rushdoony, 1965-2004
Towards a Biblical Economics
In “Towards a Biblical Economics,” Rushdoony argues that economics cannot exist as an autonomous or religiously neutral sphere but must be grounded in the sovereignty of the triune God and governed by His law-word. He rejects both socialism and Lockean capitalism for beginning with man, labor, or property rather than divine ownership and stewardship, showing how Locke’s theology-free view of property logically leads to Marxism, debt slavery, and economic totalitarianism. Biblical economics, by contrast, treats all property, money, debt, and labor as covenantal trusts under God, limits debt…
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