Ep 180: Jesus and Capitalism

Ep 180: Jesus and Capitalism

In this episode, I discuss the problem of unclear economic thinking in Biblical scholarship. Terms like ‘capitalism’ and ‘socialism’ are often left undefined by the scholars who employ them, and the vague cultural notion that ‘capitalism’ is about evil and greed while ‘socialism’ is about virtue and charity characterizes the use of economic language in scholarship on the Bible. I discuss how many excellent scholars nevertheless make Jesus out to be a modern socialist despite doing excellent historical work on ancient economic systems. I define capitalism as it is understood by the Austrian school as a theory of private capital accumulation based on absolute respect for property rights. I then explain how modern economic concepts are foreign to ancient thinkers. I read through Luke 12:13-34 and explain the historical questions which need to be asked to accurately interpret this passage and explain how modern interpreters gloss over Jesus’s statements on wealth and charity with an uncritical appeal to socialism. I then explore this dynamic by reviewing the work of two New Testament scholars, Richard Horsley and Douglas Oakman, who do excellent historical analysis on ancient economic and political systems but impose modern socialist ideas onto the texts while coming to the incorrect political conclusions that all our modern problems are a result of capitalism on ‘capitalism’, when the real problem are socialist policies that they support. They allow their biases to determine interpretive outcomes. I also reveal that I am writing a book about all of this which I hope will be published in 2026.  

Additional Resources

Browse more Christians for Liberty Network Shows

The Christians for Liberty Network is a project of the Libertarian Christian Institute consisting of shows and hosts offering various perspectives on the intersection of Christianity and libertarianism. Views expressed by hosts and guests do not necessarily reflect the view of the organization, its staff, board members, donors, or any other affiliates (including other hosts or guests on the network). Guest appearances or interviews of any incumbents, officials, or candidates for any political, party, or government office should not be construed as endorsements. The Libertarian Christian Institute is a 501(c)(3) non-profit organization and does not endorse any political party or candidate for any political, government, or party office. For information about the Libertarian Christian Institute’s core values, please visit this page.

Share this Episode:

Subscribe by Email

Whenever there's a new article or episode, you'll get an email once a day! 

You May Also Enjoy:

Join our Mailing list!

Sign up and receive updates any day we publish a new article or podcast episode!

Join Our Mailing List

Name(Required)
Email(Required)