Tag Archives: Private Property

Does the Bible support redistribution of wealth or private property?

Article here. (H/T C.S. Lewis Society)

Excerpt:

The fundamental question for those who consider the Bible authoritative is not whether it advocates charity or helping the poor. Obama, Wallis, and other statist Christians are not arguing for charity. They are arguing for government appropriation of property. The issue isn’t charity, but property rights. If the Bible rejects the notion of a right to property, then these people may have a basis for their perspective. But if the Bible supports a right to own property, safe from government redistribution to others, then their policy proposals are unbiblical.

What follows is an analysis of what the Bible says, in both the New and the Old Testaments, on the subject of property rights. Whether the Bible, or parts thereof, should be considered authoritative or useful for Christians I will leave to theologians. My concern is with the text itself.

I would like to be able to report that the Bible argues firmly for an absolutist view of property rights. I would like to be able to write that the Bible is a strictly libertarian document. It is not. Yet in the balance and taken as a whole, the Bible support the individual’s right to own property and hold onto it. Briefly summarized, the Bible’s teachings are that humans are stewards of God’s property in a rental relationship and are accountable to him, not to the state, for the disposition of that property. The Bible advocates charity for the poor and condemns the parsimonious, but it does not grant authority to the state to act on God’s behalf to redistribute wealth. It is mostly a laissez-faire system of ideas, which libertarians should not forfeit to statist misinterpretations.

The Bible suggests three central principles regarding property rights. One is the prohibition against theft, enshrined in Exodus 20:15 “You shall not steal.” The second is the idea that the world ultimately belongs to God (not to the state), as exemplified by Psalm 24:1: “The earth is the Lord’s, and all it contains, the world and those who dwell in it.” The third is a corollary: humans are temporary tenants upon God’s property, as King David said in 1 Chronicles 29:15: “For we are but sojourners before You, and tenants, as all our fathers were.”

Worth reading even if you disagree, because it’s well-written. I’d like to see a good debate on this topic, wouldn’t you? Jay Richards vs. Jim Wallis, maybe? I’d like to see that.

UK woman warned for brandishing kitchen knife at trespassers

These are both from ECM.

Self-defense and justified violence

Consider this story from the UK Telegraph.

Excerpt:

Miss Klass, a model for Marks & Spencer and a former singer with the pop group Hear’Say, was in her kitchen in the early hours of Friday when she saw two teenagers behaving suspiciously in her garden.

The youths approached the kitchen window, before attempting to break into her garden shed, prompting Miss Klass to wave a kitchen knife to scare them away.

Miss Klass, 31, who was alone in her house in Potters Bar, Herts, with her two-year-old daughter, Ava, called the police. When they arrived at her house they informed her that she should not have used a knife to scare off the youths because carrying an “offensive weapon” – even in her own home – was illegal.

Jonathan Shalit, Miss Klass’s agent, said that had been “shaken and utterly terrified” by the incident and was stepping up security at the house she shares with her fiancé, Graham Quinn, who was away on business at the time.

He said: “Myleene was aghast when she was told that the law did not allow her to defend herself in her own home. All she did was scream loudly and wave the knife to try and frighten them off.

This happens all the time in the feminized UK. They think that violence is never justified, and that criminals are actually the victims of social inequalities. And since criminals aren’t responsible, it’s wrong for home-owners to stop them from committing crimes. This is just another example of the secular left’s view that there is no objective right and wrong, and that morality is relative. It’s not wrong to steal, they say – what’s wrong is to think that you have a right to own your own private property. Permitting the theft of your property is like – sharing.

A previous post I wrote explains how weapon ownership by law-abiding citizens deters crime.

Liberty and personal responsibility

Consider this story from the UK Telegraph.

Excerpt:

Heavy snow, low temperatures and a lack of gritting mean pavements throughout the country are too slippery to walk on safely. Hospitals have been struggling to cope with rising numbers of patients who have broken bones after falling on icy paths.

Yet the professional body that represents health and safety experts has issued a warning to businesses not to grit public paths – despite the fact that Britain is in the grip of its coldest winter for nearly half a century.

Under current legislation, householders and companies open themselves up to legal action if they try to clear a public pavement outside their property. If they leave the path in a treacherous condition, they cannot be sued.

It’s like people in the UK think that British citizens are all young children to be controlled, so that they won’t hurt themselves or anyone else. I wonder where that attitude comes from? It certainly wasn’t there 50 years ago. What changed?

Indian auto sales surge 71.9% while free trade vaults Chile into the first world

Map of India
Map of India

Before, I wrote about India’s election results and the decision of the ruling Congress Party to drastically cut income taxes. And I also wrote about China’s decision to cut taxes on purchases of new automobiles. So did those tax cuts work out for India and China?

Story from the Associated Press

Excerpt:

China extended its lead over the U.S. as the world’s biggest auto market in November, with production and sales both surpassing 1 million vehicles, and India saw sales jump 71.9-percent.

[…]China’s auto market is sizzling, thanks largely to tax cuts and subsidies aimed at supporting the industry and encouraging use of more fuel-efficient vehicles. The boom has clinched China’s status as the world’s biggest vehicle market due to languishing sales in the U.S.

[…]The surge is also a sign of how the Indian consumer — encouraged by government tax cuts, a big disbursement of back pay for government employees and falling interest rates — is fueling economic growth in Asia’s third-largest economy.

As everyone knows, the Democrats chose to bail out auto companies with taxpayer money and reward people with taxpayer money for destroying fully functional vehicles. And we all know how well that has worked out.

Chile poised to jump from the third world to the first world

Check out this editorial from Investors Business Daily. (podcast here)

Excerpt:

Chile is expected to win entry to OECD’s club of developed countries by Dec. 15 — a great affirmation for a once-poor nation that pulled itself up by trusting markets. One thing that stands out here is free trade.

[…]It’s not like Chile was born lucky. Only 30 years ago, it was an impoverished country with per capita GDP of $1,300. Its distant geography, irresponsible neighbors and tiny population were significant obstacles to investment and growth. And its economy, dominated by labor unions, wasn’t just closed, but sealed tight.

In the Cato Institute’s 1975 Economic Freedom of the World Report it ranked a wretched 71 out of 72 countries evaluated.

Today it’s a different country altogether. Embracing markets has made it one of the most open economies in the world, ranking third on Cato’s index, just behind Hong Kong and Singapore. Per capita GDP has soared to $15,000.

Besides its embrace of free trade, other reforms — including pension privatization, tax cuts, respect for property rights and cutting of red tape helped the country grow not only richer but more democratic, says Cato Institute trade expert Daniel Griswold.

But the main thing, Griswold says, is that the country didn’t shift course. “Chile’s economy is set apart from its neighbors, because they have pursued market policies consistently over a long period,” he said. “Free trade has been a central part of Chile’s success.”

Democrats oppose free trade, and their hostility to free trade angers many other countries in the world.

What does it take for a country to succeed?

I gave my Dad my copy of “Money, Greed and God” by Jay Richards, and although he thought that it started out slow, he’s warmed up to it. He calls me on the phone at least twice a day, and last night he alerted me to this web site, where you can track each countries average citizen’s life span and per-capita GDP over time. My Dad was pretty liberal on economics before, so naturally I’ve been working on him with lots of introductory books on economics. He’s read about a dozen now, and Thomas Sowell is his favorite.

Anyway, my Dad says that this is what a country needs to succeed:

  • free trade with other nations
  • the rule of law
  • low judicial activism
  • low tax rates
  • private property protections
  • currency not threatened by inflation
  • low government spending
  • minimal regulation of commerce

And at that web site, you can track the success of countries like Singapore and Hong Kong, which embrace conservative small government free market fiscal policies, and compare them with countries like Zimbabwe and North Korea, which embrace big government protectionist fiscal policies. Countries fail because they adopt the wrong policies. They succeed when they adopt the right policies. It doesn’t matter how poor they start, if they have the right policies, they grow rich over time.

Why are the Democrats so incompetent on economic policy?

Well, it’s because there is almost no one in the Obama socialist regime who has ever run a business or worked in a business. Check out this graphic. (H/T Flopping Aces)

You can read more about the Obama administration’s ignorance of business and economics here in Forbes magazine.

This Reuters article discusses the price of economic ignorance: (H/T Gateway Pundit)

Excerpt:

Hunger is spreading while the number of homeless families is increasing as a result of the recession and other factors, according to a report on Tuesday.

The U.S. Conference of Mayors said cities reported a 26 percent jump in demand for hunger assistance over the past year, the largest average increase since 1991.

Middle-class families as well as the uninsured, elderly, working poor and homeless increasingly looked for help with hunger, which was mainly fueled by unemployment, high housing costs and low wages.

Democrats really don’t know what they are doing. It’s like putting pre-schoolers in charge of Amazon.com. It doesn’t work. Their ivory tower, silver-spoon worldview cannot comprehend real-world, grown-up complexities. So long as the Democrats continue to attack the businesses that employ citizens while redistributing wealth from people who produce to people who vote Democrat, our economic troubles will continue.

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