Capitalism, Socialism, and Income Equality – Part I
That capitalism has once again been resurrected as the bad boy that creates a broken society and robs the poor should be no surprise to any student of the history of the nineteenth and twentieth centuries. Its nemesis is socialism. The opposing concepts have found different homes in the two dominant worldviews in Western civilization—Christianity and humanism. Both capitalism and socialism claim the badge of freedom, but their definitions of freedom are substantially different. Generally, socialism speaks of a “freedom from…” while capitalism espouses a “freedom to…” Does this simple distinction really make a difference in our lives? Yes. Whichever worldview prevails will dominate and organize society and determine how we, our children, and our grandchildren will live our lives. This battle lies at the […]
