Home
/
RELIGION & LIBERTY ONLINE
/
The Cause and Cure of Poverty
The Cause and Cure of Poverty
Jan 15, 2026 1:40 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
Trillium’s Unholy McKibben Alliance
It’s been a long, cold winter. Not to mention expensive due to heating bills depleting bank balances for those fortunately possessing enough scratch to pay their utilities. For others forced to wear sweaters around the clock and sleep with three dogs to stay warm while keeping the thermostat tuned just above freezing to save money, it may take months before reaching a zero balance on the monthly propane/gas/natural gas/electricity statement. Imagine how prohibitive those bills would be if we relied...
Bye-Bye for the Bishop of Bling … And Hello Obama?
In USA es this story from the Associated Press: VATICAN CITY (AP) — Pope Francis on Wednesday permanently removed a German bishop from his Limburg diocese after his 31 million-euro ($43-million) new plex caused an uproar among the faithful. Francis had temporarily expelled Monsignor Franz-Peter Tebartz-van Elst from Limburg in October pending a church inquiry. At the center of the controversy was the price tag for the construction of a new bishop’s plex and related renovations. Tebartz-van Elst defended the...
Video: Sirico on President Obama’s Meeting with Pope Francis
In this short talk, Rev. Robert A. Sirico, co-founder and president of the Acton Institute, offers some general observations about this week’s meeting between President Obama and Pope Francis at the Vatican, and reflects on the differences in philosophy that make a Presidential/Papal alliance such as what occurred during the time of Ronald Reagan and Pope John Paul II unlikely. ...
Pope Francis and President Obama discuss religious freedom, poverty alleviation
Pope Francis, the first Latin American pontiff, and Barack Obama, the first black American president, finally met today in an historic tête-à-tête inside the Vatican Apostolic Palace – and for nearly double the originally scheduled time. Romans could peer inside the fortified Vatican walls via a special streaming set up on Vatican TV’s web site, where they saw a U.S. delegation (which included Secretary of State John Kerry, National Security Adviser Susan Rice and White House Press Secretary Jay Carney)...
When Work is a Holy Undertaking
At Patheos, Joel J. Miller discusses how God uses work to fashion our souls: Not long ago I looked at an icon of Archbishop Luke of Simferopol and Crimea, a recent Orthodox saint who lived from 1877 to 1961. Following the fashion, the image was timeless. It could have been painted a thousand years ago. But there in the icon — to my surprise — were surgical implements! The archbishop worked as a surgeon and scientist. He was well known...
The Torah’s ‘Hearty Echo of the Gospel’
“Are there then no laws in the legal sense in the law of Moses?” asks Cornelis Vonk, the Dutch Reformed pastor and preacher. “Of course there are, but there is much more besides.” This, and what es from Vonk’s newly translated Exodus, the second primer in CLP’s growing Opening the Scriptures series: Through his law, the Lord also taught Israel what sorts of social measures did and did not please him… Neither did the Lord forget to teach his people...
Video: Elise Hilton on Human Trafficking
Today was the day for our event highlighting the growing problem of human trafficking, and a great panel discussion it was; we’ll be posting video from the event soon. In the meantime, you’ll have to be satisfied with the following clip, featuring Acton Communications Specialist Elise Hilton. She joinedhost Emily Linnert on WOOD TV 8‘s Daybreak show here in our hometown of Grand Rapids, Michigan to discuss the human trafficking crisis. ...
The Four Most Imporant Legal Questions in the Hobby Lobby Case
The Supreme Court recently heard oral arguments in the Hobby Lobby contraception case. But which arguments will have the most influence on the justices? Michael McConnel, a respected Religion Clauses scholar from Standford, explains which four arguments are most likely to be important: Cutting through the politicized hype about the Hobby Lobby and Conestoga case (“Corporations have no rights!” “War on Women!”) the Justices during oral argument focused on four serious legal questions, which deserve a serious answer: (1) Could...
Ashoka the Great in the History of Liberty
Today at Ethika Politika, I review The Ox-Herder and the Good Shepherd: Finding Christ on the Buddha’s Path by Addison Hodges Hart: Addison Hodges Hart, a retired pastor and university chaplain, offersinThe Ox-Herder and the Good Shepherda wonderful exercise parative religion, examining mon ground that can be found in spiritual practice between Christianity and Buddhism. Hart focuses on the ten ox-herding icons of Zen, originating in China by the master Kakuan and panied by his verse and mentary. Hart, then,...
How the IRS Killed Bitcoin as a Currency
“For federal tax purposes, virtual currency is treated as property.” With those ten words, the IRS has made it more difficult — if not impossible — for bitcoin and other virtual currencies from gaining widespread, mainstream acceptance as a currency mercial transactions. Because they are now treated as property, virtual currencies are considered, like stocks, bonds, and other investment property, as capital assets and will be subject to capital gains tax. But why does this hinder bitcoins use a currency?...