Austin Hill, who posts on these pages, and co-author Scott Rae argue compellingly that capitalism is consistent with and supports Judeo-Christian principles.
Capitalism, in conjunction with democracy, tends to promote decent, stable, cohesive and productive societies. When citizens focus on creating wealth rather than taking it from others, their societies benefit, morally as well as economically. As well, capitalism breaks down barriers, uniting people in the common interest of commerce. Hill and Rae provide an illustrative look at Europe’s transition from feudalism to capitalism that emphatically bears this out.
Free markets elevate individuals, by fostering such virtues as creativity, initiative, cooperation, civility and responsibility. They in turn support moral and just societies.
Additionally, for a society to advance, at least some of its members need to be engaged in finding better ways of accomplishing established tasks and of providing new products and services. In a capitalist society, self-interest, the natural desire to better one’s self, spawns competition and innovation, the fruits of which ultimately benefit the society. Self-interest is not the same as greed, which the authors describe as “a matter of the human heart” that can take root in any system.
Rabbi Hillel famously observed, “If I am not for myself, who will be for me? If I am not for others, what am I? And if not now, when?” The Biblical imperative to help the poor and vulnerable depends upon and presumes a system of private wealth creation. The Old Testament (or Torah) required gleaning, i.e., leaving the corners of the field unharvested so the poor could gather food. From this we deduce that productive members of society should help those less fortunate or less capable to help themselves. Note that the Bible directs people, not government, to reach out to those in need. The current Administration’s motivation-stifling, job-killing redistribution schemes are something else entirely.
Hill and Rae address complex economic, moral and political concepts with clarity and precision. Despite the seriousness of the subject matter, the book is lively and conversational throughout. Scholars and laypersons alike will find it a fascinating read.
Amy H Laff is a StateBrief.com partner. A graduate of Univ of Penn and Stanford Law School, Amy practiced law and mediation on the east coast before relocating to the Valley, where she founded and chairs the AZ chapter of the Republican Jewish Coalition. Amy makes frequent media appearances, including AZ Law Channel and Tony Katz Radio Spectacular. Additionally, she works with companies and candidates on branding and communication. 
