The Ponzi Scheme of Global Capitalism

Here are two articles for your consideration:

The first is the latest investment commentary from billionaire hedge fund manager Hugh Hendry. He is very skeptical of all the hype over China’s supposed emergence as the next economic superpower. Nonsense, he says. Hendry’s Eclectica Fund is long on the West, i.e. the US Dollar, and short on China. New York City is still number one, folks, and will remain so for the next few decades, if not longer. Of course, this is seen as a good thing if you are a cheerleader for America’s role as the banner carrier of globalization. On the other hand, from Heaven’s perspective… the first shall be last, and the proud and arrogant are destined to fall.

The second link is to an article that examines the moral shortcomings of both capitalism and socialism, and shows that as Christians we have got to find a better way than simply allowing the market to rule (the dogmatic “market fundamentalism” of the extreme right), or by simply plugging the holes of the market economy by supporting top-down State-directed wealth re-distribution. We are in a volatile time period right now that demands clear thinking from a heavenly perspective that is not clouded by propaganda or prejudice. The world needs authentic demonstrations of righteousness. Not just in our personal lives, but in our communities and churches as well. To do that we must be willing to confront the injustice of SYSTEMS, and demonstrate a better way.

In Jesus’ day the Pharisees were experts on presenting an outward appearance of personal righteousness, yet the people knew they were hypocrites for flourishing within a wicked system. I think the same can be said of the modern-day Pharisees within the Church today. Yes, God can bless His people and cause them to prosper within worldly systems, but that doesn’t mean we should embrace these systems, support them, and call them “good.”

Lastly, here is a link to a film that you can watch instantly on netflix:

It’s called “The American Ruling Class,” and is a satirical documentary that was released back in 2005.

God bless,

Peter Goodgame
April 29, 2012

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