catapult magazine

catapult magazine


Sabbath economics


Jan 25 2005
10:43 pm

These two articles by Ched Myers outline a biblical economy radically different from our capitalist model:
:6f54ccfcdc]God Speed the Year of Jubilee!
:6f54ccfcdc]Jesus’ New Economy of Grace
Myers contrasts our accepted economic assumptions of scarcity and unlimited need with the biblical notion of abundance:

The manna story, in sum, illustrates human dependence upon the divine “economy of grace.” Sabbath observation means to remember every week this economy’s two principles: the goal of “enough” for everyone, and the prohibition on hoarding. This vision is, of course, utterly contrary to economics as we know it.

He then goes on to echo John Howard Yoder’s work from [i:6f54ccfcdc]The Politics of Jesus[/i:6f54ccfcdc], understanding Jesus as a Jubilee practitioner:
… a revisioning of Sabbath economics defined Jesus’ call to discipleship, lay at the heart of his teaching—and stood at the center of his conflict with the Judean public order.

What do you think about these ideas? How would this radical biblical ideal change the way we understand economics? How would it change the way we structure our own economic lives?