[...]
In America conservatives believe that sin is effectively redirected to the common good through the market. The alchemy of capitalist competition transmutes sin into virtue. But it is difficult to see how any Christian who fully grasps Christian principles can be an unqualified supporter of capitalism.
[...]
1 Timothy 6:10
For the love of money is a root of all kinds of evil.
Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.
When did Karl Marx find religion?
Distributed capitalism ala G.K. Chesterton is far more palatable to Christians of all stripes, IMO.
I know of no one who claims that idolatry or murder "is effectively redirected to the common good through the market." So I guess the writer is overstating the claims of capitalism.In fact the knock on Christian Socialists is, in my experience, a certain eagerness to ajudge others guilty of greed and envy. If wanting what others have is a sin, then any market activity convicts me of sin. No matter how well I pay or how amply I barter for someone else's goods--no, in proportion as I pay well for someone else's goods--I evince the desire for what someone else had. So the pharisee siezes upon that proven desire as proof of coveteousness.
No sale.
"[...] In America conservatives believe that sin is effectively redirected to the common good through the market. The alchemy of capitalist competition transmutes sin into virtue. But it is difficult to see how any Christian who fully grasps Christian principles can be an unqualified supporter of capitalism. [...]".
So then a Christian who fully graps Christian principles must support to some extent the state ownership of private wealth for redistribution, to help the needy?
I don't think so. What is so unchristian about private, voluntary charities?
Oops, I didn't even use the word "alchemy" in my answer.