Home
/
RELIGION & LIBERTY ONLINE
/
Where Capitalism Ends, the Covenant Continues
Where Capitalism Ends, the Covenant Continues
Dec 20, 2025 12:47 PM

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 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 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
  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   Complete Concise   Chapter Contents   Cautions against proud behaviour, and the mischief of an unruly tongue. (1-12) The excellence of heavenly wisdom, in opposition to that which is worldly. (13-18)   Commentary on James 3:1-12   (Read James 3:1-12)   We are taught to dread an unruly tongue, as one of the greatest evils. The affairs of mankind are thrown...
Verse of the Day
  Commentary on Today's Verse   Commentary on Psalm 62:1-7   (Read Psalm 62:1-7)   We are in the way both of duty and comfort, when our souls wait upon God; when we cheerfully give up ourselves, and all our affairs, to his will and wisdom; when we leave ourselves to all the ways of his providence, and patiently expect the event, with full...
Verse of the Day
  Commentary on Today's Verse   Commentary on Matthew 5:3-12   (Read Matthew 5:3-12)   Our Saviour here gives eight characters of blessed people, which represent to us the principal graces of a Christian. 1. The poor in spirit are happy. These bring their minds to their condition, when it is a low condition. They are humble and lowly in their own eyes. They...
Verse of the Day
  1 Corinthians 6:9-10 In-Context   7 The very fact that you have lawsuits among you means you have been completely defeated already. Why not rather be wronged? Why not rather be cheated?   8 Instead, you yourselves cheat and do wrong, and you do this to your brothers and sisters.   9 Or do you not know that wrongdoers will not inherit the...
Verse of the Day
  Commentary on Today's Verse   Commentary on Romans 6:21-23   (Read Romans 6:21-23)   The pleasure and profit of sin do not deserve to be called fruit. Sinners are but ploughing iniquity, sowing vanity, and reaping the same. Shame came into the world with sin, and is still the certain effect of it. The end of sin is death. Though the way may...
Verse of the Day
  Matthew 6:19-21 In-Context   17 But when you fast, put oil on your head and wash your face,   18 so that it will not be obvious to others that you are fasting, but only to your Father, who is unseen; and your Father, who sees what is done in secret, will reward you.   19 Do not store up for yourselves treasures...
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 2023-2025 - www.mreligion.com All Rights Reserved