The Biblical Roots of Capitalism

From both the left and the right, the American public conversation has seen growing criticism of capitalism, sometimes based on an appeal to religion. Most recently, anti-capitalists have contended that the coronavirus pandemic has exposed the failures of the free market. Charles Mizrahi argues that such claims are rooted in a misreading of key biblical sources as well as the American political tradition:

Dating all the way back to Abraham, wealth and prosperity were signs of blessings from God. That theme continued throughout the Bible with Isaac, Jacob, and Solomon all achieving wealth that was considered a clear indicator of divine favor. As Deuteronomy 8:18 says, “Remember that it is the Lord your God who gives you the power to get wealth, in fulfillment of the covenant that He made on oath with your fathers, as is still the case.”

But that wealth was not meant to be hoarded or to be used only for self-gratification and advancement. There was an expectation from God concerning wealth and divinely ordained responsibility to be generous. According to the prophet Ezekiel, one of the grievances that God had against Sodom was that the people had wealth and abundance but did not share it with those in need.

Government welfare interferes with man’s responsibility to his God and his direct interaction with his community. . . . The founders of our country understood this. George Washington, on more than one occasion, quoted the prophet Micah when speaking of peace and prosperity. [Moreover], the responsibility of generosity was deeply interwoven into our Founding Fathers’ vision for this nation. And that thread has continued to this day, as America has held the mantle of the most generous and giving people in the world for the last decade.

Read more at RealClear Religion

More about: American founding, Capitalism, Deuteronomy, Hebrew Bible

How to Save the Universities

To Peter Berkowitz, the rot in American institutions of higher learning exposed by Tuesday’s hearings resembles a disease that in its early stages was easy to cure but difficult to diagnose, and now is so advanced that it is easy to diagnose but difficult to cure. Recent analyses of these problems have now at last made it to the pages of the New York Times but are, he writes, “tardy by several decades,” and their suggested remedies woefully inadequate:

They fail to identify the chief problem. They ignore the principal obstacles to reform. They propose reforms that provide the equivalent of band-aids for gaping wounds and shattered limbs. And they overlook the mainstream media’s complicity in largely ignoring, downplaying, or dismissing repeated warnings extending back a quarter century and more—largely, but not exclusively, from conservatives—that our universities undermine the public interest by attacking free speech, eviscerating due process, and hollowing out and politicizing the curriculum.

The remedy, Berkowitz argues, would be turning universities into places that cultivate, encourage, and teach freedom of thought and speech. But doing so seems unlikely:

Having undermined respect for others and the art of listening by presiding over—or silently acquiescing in—the curtailment of dissenting speech for more than a generation, the current crop of administrators and professors seems ill-suited to fashion and implement free-speech training. Moreover, free speech is best learned not by didactic lectures and seminars but by practicing it in the reasoned consideration of competing ideas with those capable of challenging one’s assumptions and arguments. But where are the professors who can lead such conversations? Which faculty members remain capable of understanding their side of the argument because they understand the other side?

Read more at RealClearPolitics

More about: Academia, Anti-Semitism, Freedom of Speech, Israel on campus