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Think Biblically: Conversations on Faith & Culture

Just Capitalism, Part 2 (with Brent Waters)

Think Biblically: Conversations on Faith & Culture

Talbot School of Theology at Biola University / Sean McDowell & Scott Rae

Talbot, Church, Christianity, Christian, Culture, Biola, Sean Mcdowell, Religion & Spirituality, Scott Rae, Think Biblically

4.81.3K Ratings

🗓️ 14 February 2019

⏱️ 28 minutes

🧾️ Download transcript

Summary

If you’re one of those people that think of economics as the "dismal science," or that economics has nothing to do with a person's day to day Christian life, you’re about to have those views challenged. Listen to the second of this two part fascinating conversation on the intersection of Christian faith and economics, as Scott interviews theologian, Dr. Brent Waters. Dr. Brent Waters is the Jerre and Mary Jo Stead Professor of Christian Ethics at Garrett Evangelical Seminary in...

Transcript

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0:00.0

Welcome to the podcast Think Biblically, Conversations on Faith and Culture.

0:09.2

I'm your host Scott Ray, Dean of Faculty and Professor of Christian Ethics at

0:13.3

Talbot School of Theology here at Biola University.

0:16.4

We're here today for part two of a very stimulating conversation with my good friend

0:24.0

Dr. Brent Waters, Brent is a Stead professor of Christian ethics at Garrett Evangelical

0:30.1

Seminary in Evanston, Illinois and the director of the Sted Center for Ethics and

0:34.1

Values at that same institution. We're here talking about his recently

0:38.4

released book Just Capitalism. It's a different for a different foray, Brent, for you from bioethics into more the intersection of theology and economics.

0:48.0

But I think a very profitable foray. We left off last time by your big idea of the book is for a

0:53.0

big idea of the book is that market exchange is a necessary but not sufficient

0:58.7

condition for full human flourishing.

1:01.3

And we got to the necessary part,

1:05.0

barely got to the sufficient part,

1:06.4

so I want to focus a little bit on that.

1:07.7

But to summarize, say a little bit

1:11.1

about just the general value of market exchange and how you communicate

1:16.8

that to your students.

1:17.8

Yeah.

1:18.8

Well, I mean, the basic value of market exchange is that it helps us to simply more than survive and to flourish because as

1:24.9

Adam Smith recognized we all have to be specialized otherwise if we try to do

1:29.6

everything on our own our lives are going to be fairly miserable another way way to say, if you really want to live well,

1:34.4

get other people to do your work.

...

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