Home
/
RELIGION & LIBERTY ONLINE
/
The Cause and Cure of Poverty
The Cause and Cure of Poverty
Jan 8, 2026 6:40 AM

What causes poverty? The question presently plagues many serious Christian thinkers and leaders. The answers vary but the proposed solutions are the stuff of our political campaigns every four years. We can already hear the discussion from the various candidates for the presidency in 2008, both Republican and Democrat. One candidate, John Edwards, actually wants to make poverty a major issue in the next election, maybe as important as the Iraq War. He openly presents his version of a solution and thus makes it a major part of his stump speech these days.

Many Christians, who think about these kinds of questions, will argue that poverty can not be solved in a free-market context. They believe the problem is economic since capitalism is fundamentally rooted in greed. The idea here is quite simple. The rich have all the wealth, they are the ones who create the products, make the money and drive the markets. The poor suffer all the more when this happens. Because capitalism has this perceived inherent flaw it will always, or at least ultimately, foster huge inequities in e and create greater poverty. These inequities will actually increase grinding poverty for millions of people, making things even worse for more poor people as the wealthy class grows. Since the percentage of monetary growth in the present economy shows the rich are getting richer and the poor and middleclass are gaining ground by a much smaller percentage this seems to favor these kinds of arguments against capitalism. (I will not get into this issue in this article, but there are different answers to this question that are both appropriate and sound.)

In 1981 author and political advisor, George Gilder, wrote a huge best-seller, Wealth & Poverty. This popular book influenced a new generation. It did so by challenging the “greed thesis” at its core. I have always admired George Gilder. I realized back in the 1980s that it was his thinking that powerfully influenced the Reagan administration to adopt what became known as Reaganomics, a much maligned and oft-debated theory of wealth, poverty and economics.

(Continue reading the rest of the article at the ACT 3 website…)

John H. Armstrong is founder and director of ACT 3, a ministry aimed at "encouraging the church, through its leadership, to pursue doctrinal and ethical reformation and to foster spiritual awakening."

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Jim Wallis/George Soros Update
World magazine has an update on the Jim Wallis story that I blogged about earlier this week. A Sojourners spokesman today reversed an earlier Wallis denial and confirmed the organization has received funding from Soros’ Open Society Institute. Sojourners is a leading organization on the religious left founded by Wallis, who is a spiritual adviser to President Obama. Soros is the billionaire financier of Moveon.org, a Democrat-leaning organization that pushes for abortion, atheism, bigger government, and other progressive causes. The...
Technology to God’s Glory
David Murray is Professor of Old Testament and Practical Theology at Puritan Reformed Theological Seminary, and chairman of HeadHeartHand Media, announces the release of a new video product, God’s Technology, a product about “training our children to use technology to God’s glory.” I had the pleasure of meeting Dr. Murray over lunch one day, and I look forward to seeing his presentation of “a Christian response to the digital revolution.” Dr. Murray blogs here. You can see the trailer for...
Deficits, Debt, and Self-Deception
This week’s Acton Commentary: Deficits, Debt, and Self-Deception By Samuel Gregg It passed almost unnoticed, but in late July the Obama Administration raised the Federal Government’s budget deficit forecast for fiscal year 2011 to $1.4 trillion. That’s up from February’s forecast of $1.267 trillion. In July alone, the Federal Government’s deficit was $165 billion, of which $20 billion was for interest-payments on debt. The long-term outlook is even worse. The U.S. Government is now borrowing approximately 41 cents of every...
Youth: Problem or Solution for New Jobs?
The front page of a recent issue of the Vatican daily L’Osservatore Romano read like an Italian “Help Wanted” listing: “Lavori per Giovani Cercasi” (cf. Aug. 13 2010). Unfortunately, this eye-catching headline was not a classified ad targeting young professionals for job openings at the Holy See’s many curial and administrative offices – the prized “stable” positions that would have Roman youth queuing in lines much longer those to enter Sunday Mass at St. Peter’s Basilica! Rather, the Vatican newspaper...
Paul Ramsey on the Church and the Magistrate
One of the inspirations for my little book, Ecumenical Babel: Confusing Economic Ideology and the Church’s Social Witness, was the incisive and insightful critique of the ecumenical movement from the Princeton theological ethicist Paul Ramsey. Ramsey’s book, Who Speaks for the Church? A Critique of the 1966 Geneva Conference on Church and Society, has a wealth of both theoretical and concrete reflections on the nature of ecumenical social witness and the relationship between church and society. He concludes the book...
Raves for Ecumenical Babel
Two more thoughtful reviews of Jordan Ballor’s Ecumenical Babel: Confusing Economic Ideology and the Church’s Social Witness, now available on Kindle. First, from John Armstrong on his ACT 3 blog: In reducing its witness to advocacy for a particular set of policies, the ecumenical movement has abandoned the attempt to proclaim the Gospel, the true foundation of its spiritual authority. “This is surely a form of culture-Christianity,” writes Ramsey, “even if it is not that of the great cultural churches...
Monks for Economic Liberty
We at Acton have been among the loudest critics of clergy and other religious leaders who undermine economic freedom (and therefore prosperity, including for the poor) by advocating more extensive government intervention in economic affairs. So we should be the first to applaud when clerics strike a blow for freedom. Kudos to the monks of St. Joseph Abbey in Covington, Louisiana. Monasteries may seem an unlikely venue for capitalist ferment, but in fact they hold an important place in the...
Francis Asbury: Born 265 Years ago Today
President Calvin Coolidge called Francis Asbury a “prophet in the wilderness.” He has also been called “the bishop on horseback” and “the prophet of the long road” for his prolific treks across the American frontier. The Methodist bishop who was born on August 20, 1745, was the architect of the American Methodist movement. The denomination grew from a few hundred upon his arrival to over 200,000 members at the time of his death. At his death in 1816, the Methodist...
Dehumanization and punishment
Two of the things I’ve paid some attention to, one more recently and the other as an ongoing area of interest, came together in an Instapundit update yesterday. Glenn Reynolds linked to a video of a NYC cop who “threatens a man taking cell phone video with arrest.” This picks up the attention given here and here to the question of law enforcement and ‘citizen photojournalism.’ But what really struck me about this story was the threat attributed to the...
The Rebel Economist Strikes Again
It’s always nice to hear from old friends, even when said old friends are unsettling you with tales of insane government spending. When last we heard from former Acton colleague Michelle McAdoo here on the PowerBlog, she was taking Washington by storm with her proposal for an “alternative stimulus.” In the interceding time, she’s gotten married (congratulations!) and now has returned with more tales from the dark and unsettling world of “stimulus.” Enjoy! Update/Clarification: Michelle adds: “just so you know,...