Market and equality explain it
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The exchange of goods and services in a free market will often produce unequal outcomes. People will generally reject transactions that make them worse off, but a few will make mistakes that push them into poverty.
Some mistakes will be made when naive or innocent people are "ripped off" by bad people (they should be forced to make restitution), but most poverty is not the result of evil actions, but flows from the vagaries of life. Trade in free markets can push people into poverty without any immoral action being taken.
A bad decision in a free market can produce a huge loss.An unwise offer will sometimes be accepted.A desperate seller may be forced to accept a very low price.Some people are foolish buyers.Others are foolish sellersSome people are not as clever as others.People with rare skills can achieve higher pay than others.People who do not use their skills and capital may find themselves in poverty.
Lazy hands make a man poor (Prov 10:4)
The sick and handicapped will struggle to prosper by buying and selling.Producing goods that no-one wants will leads to losses.People with surplus goods can improve their situationMarket only benefits those who participate.People in desperate circumstances may have not surplus to sell.People with nothing to sell gain nothing from free markets.Many are harmed when the people they depend make mistakes.Employees are harmed by the mistakes of their employers.Economic power is really the power to harm other people.People caught up in a war can lose everything they produced.Droughts, tornadoes and floods push innocent people into poverty.
Markets provide opportunities, but some people will be unable to take them up. Some people will benefit more than others. Transactions in a free market can produce inequality, even when every participant is honest and good.
Upset by Inequality
Christians should be upset by inequality of incomes, but they must be precise about their response. Concern about inequality can mean either of two things.
I got too much income from market activity.
Those people over there gained too much.
The first possibility is easy to deal with. People who think that they have earned too much can give some away. Many of them already do.
The second option is different. It usually has a corollary:
The government should force those with too much to give it others.
Many people just assume that governments should take from those who gained "too much" and give it to those who are poor. No justification is given.
If they people have used force or stolen from others, they should be forced to make restitution to their victims. If they have gained "too much" by honest trading, or by producing good quality products, or by producing services that many people want, it is hard to understand why they should be punished.
Those who expect the government to deal with inequality are really saying,
I do not like the state of the world.I want the state to force the world to change.
Church leaders and theologians assume that the state should be involved solving poverty and inequality, but they do not think about what this means. What they are really saying is:
Love cannot change this situation.Compassion will fail.We must use force.Only coercion can deliver the required change.
I can understand Marxists being advocates of force and coercion, but Christians have a better way. Love and compassion should be our trademark.
Some mistakes will be made when naive or innocent people are "ripped off" by bad people (they should be forced to make restitution), but most poverty is not the result of evil actions, but flows from the vagaries of life. Trade in free markets can push people into poverty without any immoral action being taken.
A bad decision in a free market can produce a huge loss.An unwise offer will sometimes be accepted.A desperate seller may be forced to accept a very low price.Some people are foolish buyers.Others are foolish sellersSome people are not as clever as others.People with rare skills can achieve higher pay than others.People who do not use their skills and capital may find themselves in poverty.
Lazy hands make a man poor (Prov 10:4)
The sick and handicapped will struggle to prosper by buying and selling.Producing goods that no-one wants will leads to losses.People with surplus goods can improve their situationMarket only benefits those who participate.People in desperate circumstances may have not surplus to sell.People with nothing to sell gain nothing from free markets.Many are harmed when the people they depend make mistakes.Employees are harmed by the mistakes of their employers.Economic power is really the power to harm other people.People caught up in a war can lose everything they produced.Droughts, tornadoes and floods push innocent people into poverty.
Markets provide opportunities, but some people will be unable to take them up. Some people will benefit more than others. Transactions in a free market can produce inequality, even when every participant is honest and good.
Upset by Inequality
Christians should be upset by inequality of incomes, but they must be precise about their response. Concern about inequality can mean either of two things.
I got too much income from market activity.
Those people over there gained too much.
The first possibility is easy to deal with. People who think that they have earned too much can give some away. Many of them already do.
The second option is different. It usually has a corollary:
The government should force those with too much to give it others.
Many people just assume that governments should take from those who gained "too much" and give it to those who are poor. No justification is given.
If they people have used force or stolen from others, they should be forced to make restitution to their victims. If they have gained "too much" by honest trading, or by producing good quality products, or by producing services that many people want, it is hard to understand why they should be punished.
Those who expect the government to deal with inequality are really saying,
I do not like the state of the world.I want the state to force the world to change.
Church leaders and theologians assume that the state should be involved solving poverty and inequality, but they do not think about what this means. What they are really saying is:
Love cannot change this situation.Compassion will fail.We must use force.Only coercion can deliver the required change.
I can understand Marxists being advocates of force and coercion, but Christians have a better way. Love and compassion should be our trademark.
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Economy means a place where money is traded or exchanged for goods and services. Through nature, therefore, the economy still meets certain demands that are backed up through the buying power. The market functions in this way according to the price signals.
This implies that if demand is high, then the price will be strong and the economy must produce such products. The economy, though, overlooks social equity in this manner. It only caters for those who have the purchasing power to demand.
Many of the disadvantaged will be absolutely robbed of the various goods, sometimes even the necessary products, because they cannot afford to pay for them. Depending on this theory, we can therefore conclude that the economy benefits those with purchasing power, thus overlooking the social issues of the weak. Market exaggerates the equality in this way.
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