Christianity and It's Impact on Economics

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Christianity and Its Impact on Economics

Rashid Jarrell
Religion in the Workplace
Eric Schoeck
November 3, 2010
Reading about Christianity, it seems that the early Christians did not believe in capitalism. In today’s society however, they support capitalism and it currently pushes our government and economy. I mean I guess if you believe strong enough in let’s say hell, then it could in a way boost the economy. This is what I am thinking. I am sure that religion reduces crime and corruption and those Christians who abide by the book probably respect the laws of the land. With that increase in respect, it could boost overall economic growth. I have gone into establishments where people have used their religious background to define their reliability. If you think about it, there are more verses on money and finance than there is about prayer in the Bible. But the New Testament has contradictions to this. It states that the rich person has little chance getting into heaven but then states the parable of the talents, which praises the servant who got the biggest return on his money. That alone could solidify why modern day Christians support capitalism. Even more so why our government is run the way it is. Religion creates bonds of trust and shared commitment among small groups, both of which is necessary qualities for lending and trade. Religion can directly affect what you earn. Some followers under Christianity have bigger families and give away more of their money. They also tend to have lower savings rate and incomes like Quakers or the Amish. With all this moving money, it is no doubt why Christians could have a huge impact on economic behavior.
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