Which view of economic inequality has greater merit? The one espoused by Adam Smith, the father figure of capitalism? Or the teaching that unfolds from the Bible’s pleadings for justice and righteousness?
It’s a trick question. In fact, these two perspectives are broadly the same. Smith, like the biblical writers, was opposed to gross income inequality. For both, how people are faring relative to others in society is not simply a question of envy. It’s a matter of human dignity and social well-being.
There’s another outlook on inequality that has many adherents. Let’s call it the We Got Stuff school of thought. …read more