Bono Advocates for Free Market Capitalism
Breakpoint
Colson Center
4.8 • 3.1K Ratings
🗓️ 10 November 2022
⏱️ 1 minutes
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Summary
Recently, music icon, multi-millionaire, and U2 lead singer Bono said that the key to beating extreme poverty is "entrepreneurial capitalism."
Transcript
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| 0:00.0 | With a one minute look at culture from a Christian worldview, I'm John Stone Street with the point. |
| 0:04.8 | Recently, music icon Multimillionaire and YouTube lead singer Bono said that the key to beating |
| 0:10.0 | Extreme Poverty is entrepreneurial capitalism. Here's what he said, |
| 0:14.2 | I ended up as an activist in a very different place from where I started. I thought that if we just |
| 0:19.1 | redistributed resources, we could solve every problem. I now know that's not true. |
| 0:23.4 | There's a funny moment when you realize as an activist that the off ramp out of Extreme Poverty |
| 0:28.4 | is entrepreneurial capitalism. Look, some Christians argue because Scripture doesn't prescribe a |
| 0:33.6 | specific economic system and because early Christians cared for the poor by sharing what they had, |
| 0:38.8 | the Bible's more in line with socialism. It's not because the Bible never compels the redistribution |
| 0:44.8 | of wealth nor does it reduce people to mere objects of our charity. The free market system |
| 0:50.1 | isn't perfect but it sees people as independent subjects with freedom and moral choice. |
| 0:55.0 | And it's lifted about 50 million people a year out of starvation level poverty. |
| 1:00.2 | No other system in the history of the world competes with that. |
| 1:02.9 | For the call since then I'm John Stone Street. |
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