Church & Society

From 2014. In a pamphlet written in 1981, "Gold, Peace, and Prosperity: The Birth of a New Currency," there is a section where Ron Paul gave an overview of how money was ruined. For us to grasp how the global monetary system reaches the existing critical stage, we have to take a look at four significant events in monetary history: Gold Coin Standard Gold Bullion Standard Gold Exchange Standard Managed Fiat Currency Standard The deterioration of the monetary system has undergone a long and slow process, which resulted from a series of decisions of the US Congress. The Gold Coin Standard was the monetary system prior to the Gold Reserve Act of 1934, the law that served as the basis for the Gold Bullion Standard. Twenty-one years earlier, the way had been paved for the deterioration of the monetary system caused by the Federal Reserve Act of 1913. For Ron Paul, the establishment of the Federal Reserve is just an implementation of an advice mentioned by Karl Marx on 1848 in Commu...

From 2015 Capitalism has failed! This is the constant message that people have been hearing since the 2008 economic crisis. Politicians, economists, and mainstream media agree that free market capitalism is the culprit that caused such economic mess. Greed and excessive risk taking claimed to be inherent in the market are to blame. "The crisis was the fault of libertarianism," an editor of a popular website actually believed this claiming that "'unregulated markets'" (p. 4) caused the problem. And since this is the case, that editor thinks that the 2008 crisis marked "the end of libertarianism" (ibid.). Since capitalism and libertarianism were considered responsible for the 2008 economic trouble, any free market solution to the crisis was automatically dismissed and persisting to do so would be considered insane. The proposed remedy was greater government intervention in the forms of increasing the money supply, more debt, and bigger spending. The ...

  Abraham Kuyper’s third lecture, Calvinism and Politics is about Calvinism as the source and the only way to maintain and protect liberty both from the threats of State tyranny and the popular concept of liberty. In this lecture, Kuyper touching politics, he wants to dispel the idea that confines Calvinism as purely an ecclesiastical and doctrinal movement. Consistent to the concept that politics is basically grounded on a certain religious or anti-religious idea, Calvinism shares similar character in providing political changes that affected “three historic lands of political freedom, the Netherlands, England and America” (p. 78). Kuyper quoting Bankroft, affirms that “a Calvinist is a fanatic for liberty, for in the moral warfare for freedom, his creed was a part of his army, and his most faithful ally in the battle’” (ibid.). Referencing Groenvan Prinsterer, he repeats: “‘In Calvinism lies the origin and guarantee of our constitutional liberties’” (ibid.). Such influence exert...