“The essence of democratic socialism is this re-written version of God’s commandment: “Thou shalt not steal, except by majority vote.”
‘Economic democracy’ is the system whereby two wolves and a sheep vote on what to have for dinner.
Christian socialists and defenders of economic planning by state bureaucrats deeply resent this interpretation of their ethical position. They resent it because it’s accurate.
When Christianity adheres to the judicial specifics of the Bible, it produces free market capitalism.
On the other hand, when Christianity rejects the judicial specifics of the Bible, it produces socialism or some politically run hybrid “middle way” between capitalism and socialism, where politicians and bureaucrats make the big decisions about how people’s wealth will be allocated. Economic growth then slows or is reversed. Always.“ Gary North