New Religious Book Blows Capitalism’s Cover
Everyone favors the freedom of competition . . . until they think they’re going to lose! A new book published by www.Authorhouse.com, (The Economics of the Kingdom of God, 230 pages) and written by economist James A. McCune, uses Biblical economic law to show that today’s brand of capitalism has systemic defects that will ultimately result in its failure. “The handwriting is already on the wall,” says McCune.
Princeton, NJ (PRWEB) May 12, 2005 -- May 10, 2005. Everyone favors the
freedom of competition . . . until they think they’re going to lose! A new book
published by www.Authorhouse.com, (The Economics of the Kingdom of God, 230
pages) and written by economist James A. McCune, uses Biblical economic law to
show that today’s brand of capitalism has systemic defects that will ultimately
result in its failure. “The handwriting is already on the wall,” says
McCune.
As Americans we’ve all been taught to believe that Christianity
and Capitalism go hand-in-hand. Free to choose, Free to be all we can be, and
just about any other freedom seems to somehow be wrapped up in the phrase
“Democratic, free-market capitalism.” But the book’s author, James A. McCune,
suggests our current system doesn’t quite have it right: “Make no mistake, the
Bible favors free markets, but it also requires very important safeguards to
make the system work for everybody, safeguards that aren’t a part of our system
today.” McCune continues, “Not only is capitalism as it’s practiced today not
Biblical, it only works well when three important conditions are present: (1)
There must be reasonable prosperity, (2) There must be a reasonable balance
between the supply and demand for labor, and (3) There must be a reasonable
balance of power between the major global players.”
“The 1950s through
the 1970s were the heyday of capitalism, but since then all three of the
important conditions for capitalism’s success have been eroding rapidly,” says
McCune: “China is in the process of teaching us Americans how to play our own
game . . . and it’s getting close to face-grinding time.” In Chapter 8 of The
Economics of the Kingdom of God (The Seven Foundational Pillars of a Sound
Economy) Mr. McCune describes how capitalism is missing two of the seven
critical pillars the Bible says an economic system must have to be sound:
“Capitalism shows little concern for pillar #3, Distributive justice with
dignity, and absolutely none for pillar #5, Vehicle for the poor to recover. The
alarming rise in homelessness over the past 20 or so years is proof positive
that our system isn’t coping well with the stress of global competition . . .
and it’s only going to get worse.”
In The Economics of the Kingdom of God
(available from www.authorhouse.com) McCune goes to great lengths to explain
our current dilemma: “There is a largely unspoken process in the works today in
America – spearheaded by the United States Congress and its relentless pursuit
of free trade -- of exporting labor income (jobs) in return for importing
capital income (profits and stock, bond & bill investments). I guess the
timing will work out about right” says McCune, “so that when all the $15 an hour
jobs in America are gone, the Chinese will be ready to step into the role of the
world’s primary consumer marketplace!” Yes, there will be many more millionaires
in the U.S. by then, concedes McCune, but according to him the middle class will
be bumped down into the lower class, and the lower class will be living in the
vestibules of New York’s Penn Station – and all the while gross domestic product
won’t even hiccup! “Every time man goes his own way without utilizing God’s
wisdom,” concludes McCune, “it ultimately comes unraveled . . . and democratic,
free-market capitalism will be no exception.”
To learn more about The
Economics of the Kingdom of God, and how 3,500 year old laws in the Bible
contain solutions to man’s modern economic problems, go to www.authorhouse.com and do
an author-search for “James A. McCune.” The book's ISBN # is: 1-4184-4647-5. You
can also click on the pdf file attached in the right margin to view the book’s
Table of Contents.
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Source : http://www.prweb.com/releases/2005/5/prweb239038.htm