Laissez- Faire Capitalism vs. Modified Market Capitalism Which has Biblical support?

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Over the years capitalism has been influenced by religious and evolutionary thought just as it has taken on different forms and variations. Some forms of capitalism bear absolutely no resemblance to each other while others are quite similar. Two forms that are quite opposite in their approach to capitalism and philosophy are Laissez- Faire capitalism and Modified Market capitalism. Before beginning a discussion of these forms of capitalism, however, a definition of capitalism itself would …

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showed last 75 words of 629 total
…we have a duty to help out those in need. This happened in the form of organizations such as the Salvation Army and the Red Cross. Religion, however much the secular world may try to erase it, will always have an impact on economics in world culture and community. From the ruthless, Darwin based, capitalism of the pre-Depression era in America to temperate capitalism practiced on Biblical principles, religion retains its inextricable ties to economics.