Home
/
RELIGION & LIBERTY ONLINE
/
Where Capitalism Ends, the Covenant Continues
Where Capitalism Ends, the Covenant Continues
Jan 19, 2026 12:43 AM

As we reap the benefits of market exchange and observe the many achievements of free trade and globalization, it’s easy to give credit to the market itself, either ignoring or forgetting the munities, and institutions who actively leveragedit for mon good.

Capitalism is, after all, a mereframework for human engagement. Although the constraints it imposes (“thou shalt not steal”) and the features it elevates (ownership, stewardship, risk, and sacrifice) may fit well within a broaderChristian context, it says more about what we can and can’t do than what we might or might not imagine or plish.

As Michael Bull recently explained, through capitalism’s continuous process of value creation, it is in many ways similar to a “biblical covenant structure”:

Good businessmen understand how it works. It invariably necessitates the risk and sacrifice of what we now possess for a greater reward. Steve Jobs told us that, and demonstrated it again and again. It takes money to make money. This requires faith in the one who made the promise, even though business people do not recognize the source of the abundance is the hand of God.

Yet, of course, it is different:

God calls Man to work, which involves risk (faith), a sacrifice and some obedience to laws (which include natural and business laws), which will bring fulfillment of the promise — a greater abundance than what you sacrificed. That is where capitalism ends, but it is not where Covenant ends, and here is the problem for which socialism is tendered as a solution.

For the Christian, then, capitalism provides a simple baseline from which we can launch, holding the potential to lead us toward a broader, deeper network through which we can more freely and fullyobey the callings of the Holy Spirit in our lives as we proclaim good news to the poor. In allowing for this free-flow of individual callings, we are given opportunities and choices that many other systems would assume on our behalf.

As Bull continues:

The final step of Covenant is that you, the risk taker, e a shelter, a house, for the helpless. The final step is generosity. Capitalism only works in a moral society. This is why we can correspond the shape of good economics to the shape of the Gospel. Jesus gave His life to give abundant life to us all. He believed in the promise made to Him by the Father, the promise of resurrection—a new body. Poverty was not something to be embraced eternally. Christian socialists forget that Jesus now owns everything. All the great saints were rich people who risked their wealth for even greater wealth, a wealth that included a legacy of other people—a household. The “glory that was set before Him” was also the glory of the Church, a new body that includes every believer. Jesus Himself is our covering. We are only saved because of His atonement, His “covering.” He, the king of kings, the great Land Lord, is our shelter.

This is what it means to be On Call in Culture — to “correspond the shape of good economics to the shape of the Gospel,” infusing every act across every sphere of culture with the good news of grace and mercy, the power of the Holy Spirit, and the divine generosity of He who first loved us.

Our participation in economic life should never stop at some earthly metric of productivity and stewardship. Where capitalism ends, the covenant continues.

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
Verse of the Day
  Commentary on Today's Verse   Commentary on Jonah 2:1-9   (Read Jonah 2:1-9)   Observe when Jonah prayed. When he was in trouble, under the tokens of God's displeasure against him for sin: when we are in affliction we must pray. Being kept alive by miracle, he prayed. A sense of God's good-will to us, notwithstanding our offences, opens the lips in prayer,...
Verse of the Day
  Matthew 6:5-6 In-Context   3 But when you give to the needy, do not let your left hand know what your right hand is doing,   4 so that your giving may be in secret. Then your Father, who sees what is done in secret, will reward you.   5 And when you pray, do not be like the hypocrites, for they love...
Verse of the Day
  Commentary on Today's Verse   Commentary on Mark 13:5-13   (Read Mark 13:5-13)   Our Lord Jesus, in reply to the disciples' question, does not so much satisfy their curiosity as direct their consciences. When many are deceived, we should thereby be awakened to look to ourselves. And the disciples of Christ, if it be not their own fault, may enjoy holy security...
Verse of the Day
  Commentary on Today's Verse   Commentary on James 3:13-18   (Read James 3:13-18)   These verses show the difference between men's pretending to be wise, and their being really so. He who thinks well, or he who talks well, is not wise in the sense of the Scripture, if he does not live and act well. True wisdom may be know by the...
Verse of the Day
  Commentary on Today's Verse   Commentary on 2 Thessalonians 3:1-5   (Read 2 Thessalonians 3:1-5)   Those who are far apart still may meet together at the throne of grace; and those not able to do or receive any other kindness, may in this way do and receive real and very great kindness. Enemies to the preaching of the gospel, and persecutors of...
Verse of the Day
  Commentary on Today's Verse   Commentary on Luke 6:1-5   (Read Luke 6:1-5)   Christ justifies his disciples in a work of necessity for themselves on the sabbath day, and that was plucking the ears of corn when they were hungry. But we must take heed that we mistake not this liberty for leave to commit sin. Christ will have us to know...
Verse of the Day
  Commentary on Today's Verse   Commentary on 2 Corinthians 3:12-18   (Read 2 Corinthians 3:12-18)   It is the duty of the ministers of the gospel to use great plainness, or clearness, of speech. The Old Testament believers had only cloudy and passing glimpses of that glorious Saviour, and unbelievers looked no further than to the outward institution. But the great precepts of...
Verse of the Day
  Commentary on Today's Verse   Commentary on John 6:28-35   (Read John 6:28-35)   Constant exercise of faith in Christ, is the most important and difficult part of the obedience required from us, as sinners seeking salvation. When by his grace we are enabled to live a life of faith in the Son of God, holy tempers follow, and acceptable services may be...
Verse of the Day
  Commentary on Today's Verse   Commentary on Daniel 6:1-5   (Read Daniel 6:1-5)   We notice to the glory of God, that though Daniel was now very old, yet he was able for business, and had continued faithful to his religion. It is for the glory of God, when those who profess religion, conduct themselves so that their most watchful enemies may find...
Verse of the Day
  1 Corinthians 15:57 In-Context   55 Where, O death, is your victory? Where, O death, is your sting?Hosea 13:14   56 The sting of death is sin, and the power of sin is the law.   57 But thanks be to God! He gives us the victory through our Lord Jesus Christ.   58 Therefore, my dear brothers and sisters, stand firm. Let nothing...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved