Socialism, of any kind in any country, has proven to not alleviate any of socialism’s ideals. Nevertheless, socialism in this country has taken the moral high-ground in many minds because capitalism became secularized and the servant of greed. For many reasons, the Church – in both conservative and liberal forms - has failed to foster the biblical assumptions behind the ideal of private property, leaving the public square open to the ravages of sentimentalism and misinformation. Americans have turned away from biblical truth in preference to their idol of Mammon. They have thus sewn the seeds of the destruction of the foundation upon which their idol has stood. Hopefully, the pain of their loss will lead them to repentance and a return to a biblical world-view.
I recommend that everyone hear Greg Bahnsen's series on Economic Ethics, available here. It's going to take generations for us to correct our ignorance, so we better get started now.
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