The Virtues of Capitalism, Part 2 of 2
Think Biblically: Conversations on Faith & Culture
Talbot School of Theology at Biola University / Sean McDowell & Scott Rae
4.8 • 1.3K Ratings
🗓️ 3 March 2026
⏱️ 40 minutes
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| 0:00.0 | What are the virtues of capitalism, better referred to as market economics? |
| 0:08.0 | Should Christians be capitalist? |
| 0:11.0 | Scott, people have asked us to talk about this. |
| 0:13.0 | You wrote a book called The Virtues of Capitalism, which makes your position clear. |
| 0:19.0 | This is part two. |
| 0:20.0 | Let's hope so. |
| 0:21.0 | In part one, we did a critique of a book about why Christians should be leftist. |
| 0:25.7 | Now we want to kind of give a positive moral case for why Christians should embrace market |
| 0:31.7 | economics. |
| 0:34.0 | Now, with that says, I'm really curious, is socialism making a comeback? |
| 0:38.0 | And why do you think it is? |
| 0:40.9 | Well, I think it is making a comeback, but among Gen Z. |
| 0:46.6 | And the reason is because I think of historical myopia. |
| 0:51.8 | Fair enough. |
| 0:53.7 | You know, I grew up in the, you know, I was born in the 50s, grew up in the 60s and |
| 1:00.0 | 70s at the height of communism and watched, you just watched it fail. |
| 1:05.0 | In fact, I was, in 1972, I was in Czechoslovakia, and I watched what socialism had done in the country. |
| 1:16.3 | Sean, you'd be amazed at the number of people who were standing around doing nothing |
| 1:22.0 | and being paid virtually nothing for it. |
| 1:27.2 | And the number of people who were under-employed |
| 1:31.9 | was just staggering. And the lack of the lack of goods on the shelves, I mean, it was clear |
| 1:40.1 | that the system was failing. I saw that personally, by the way, going to Russia 13 times, |
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