Application of Biblical Worldview to Economics

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Running head: BIBLICAL WORLDVIEW
Application of Biblical Worldview to Economics
Name
Institution

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BIBLICAL WORLDVIEW
Application of Biblical Worldview to Economics
No one in the world does not have a worldview or how one looks at the world and the
things that happen in the world every day. How we picture, the world establishes how we
correlate with one another. Many people interpret life and the world in so many ways, and one of
those numerous ways is the biblical worldview. The biblical worldview is looking at everything
from the eyes of God (Kline, 2006). It is viewing the world through the word of God which is the
bible.
In the biblical worldview, four primary facets bring out its main points. These are the
creation, redemption, fall of man and restoration. Creation in the biblical perspective accredits all
creation to one individual being, and that is God (McDurmon, 2018). Life itself was created by
God and He has given us facilities to take care of life, property being one of them has been given
by God for us to use (Bastiat, 1998). This creation history is recorded in the book of Genesis
chapter one. This chapter goes further to reveal to us that God was pleased with everything He
created as in Gen 1:31. God is seen to have created the whole universe within six days some
thousands of years ago. Therefore, when it comes to creation through the biblical worldview God
is seen as Sovereign and who created everything.
The fall of man is the other aspect. In the same chapter of Genesis chapter one, God
creates man in His image and likeness as verse twenty-six records. However, the man was
without sin at the beginning, but they sinned by eating of the Tree of Knowledge. They had been
told not to eat from this tree yet they did. Redemption is the third principal component in
understanding the biblical worldview (Wad, 2015). When man fell, God wanted to rescue the
man and be able to have communion with him. Hence, He brought redemption. It was a way of
bringing man back to Him. That even though man is in his sinful nature, he can still associate

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with God. It is the only way man would be able to do God's divine purpose. Jesus was the way of
redemption, and if there were any chance at all of man to associate with God, then God would be
the one to be the way of recovery (Gunton, 2014). The biblical worldview on restoration presents
Jesus as the savior; without Jesus then no one can get to heaven (Middleton, 2016). Jesus Christ
becomes all a christian needs to focus and to be able to be right with God (Gunton, 2014). With
all our sinful nature, Christ Jesus is presented as righteousness, and therefore we are righteous
because He is.
Fundamentals of free enterprise is a commercial structure where private business
functions are allowed in competition and are free of government hegemony (Martinez, 2016). In
this system people are allowed to own their businesses, produce commodities of their profits, the
makers and punters control themselves, and there is freedom to use the available resources. The
fundamentals of free enterprise comport with the biblical creation (Mills, 2013). This is because
man was made in the image of God; he was given the power to rule over everything on the earth,
and therefore, he was given authority over everything. In Genesis 2:15 we see that man was put
in the garden to tend and keep it; and so , he was given freedom to do with it as he pleased. He
was not going to be controlled whenever he wanted to make any decision concerning earth.
Freedom in Christianity is what has brought a lot of changes in the scientific world and this
could have not been possible if man had not been given freedom by God (Stark, 2006). Stark in
the book of “Victory of Reason” says it was in the dark ages that Christian monks came up with
things like eyeglasses, fish-farming, water wheel and clocks. Thus, freedom in businesses is
good for it brings forth development.
The biblical creation supports the ownership of private property; we find this in Psalms
115:16 (Drollinger, 2017). It says that the heavens belong to God, but the earth has been given to

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the children of men. Hence, man has been given the power to own property. The bible also
encourages people not to steal or to covet someone else's property. For there to be something to
covet or steal then there must be ownership of that property. Even though the fundamentals of
free enterprise are not State-controlled, they still have to abide by the laws that govern the
country. When a business goes against these laws, then they get into trouble. In the fall of man,
man had in the beginning been given freedom to do all that he wanted, but he was still supposed
to abide by the laws that God had given him, in this case, not to eat of the Tree of Knowledge.
But when man went ahead to eat it, he was thrown out of the garden of Eden. The fall of man
and the fundamentals of free enterprise indeed are in agreement. Christ came to restore the
former relation that man had with God, He came to enable people to follow the laws set to guide.
The free market acknowledges the mistakes of man and his limitations (Gills & Nash, 2002). It
just goes to show that man cannot do it on his own and this is exactly why restoration was
brought. It was in confession that man cannot do it on his own, he needs a higher power who is
God to always lead. Even in business, God’s supremacy is seen, He tells us that He is not pleased
with dishonest weights, that every person needs to be honest when selling or buying anything
(Proverbs 11:1). The fundamentals of free enterprise allow one to make a profit, but the gain has
to be made in the right way and not exploiting other people. Redemption through Christ will
enable people to do business properly; that is without dishonesty.
Contrary to free enterprise, socialism is the system where the production and selling of
products and services are controlled by the community or the government (Burwood, 2013). It
champions the government to control the production and distribution of all goods. Even though
God in the bible intended that no one should ever lack when someone else has in abundance, He
also did not mean that the government should control everything. Socialism does not give people