According to Rabbi Spero, the ancient Israelites were ahead of their time in their "ringing endorsement of capitalism as a moral endeavor." And in support of this seemingly anachronistic claim he cites Old Testament passages that praise hard work, prophets profit, and so on.
Of course, the Old Testament also condemns slavery, at least slavery of the children of Israel, and it forbids the mistreatment of strangers "for you [this is addressed to Israelites who formerly were enslaved in Israel] were aliens living in Egypt" (Exodus 22:21). But the good rabbi does not cite that passage. He also does not cite that passages that prohibit taking "advantage of a widow or orphan" (Exodus 22:22). Or the Psalmist's blessing of the one who "executes justice for the oppressed; who gives food to the hungry. The LORD sets the prisoners free; the LORD opens the eyes of the blind. The LORD lifts up those who are bowed down; the LORD loves the righteous. The LORD watches over the sojourners, he upholds the widow and the fatherless; but the way of the wicked he brings to ruin" (Psalms 146:5-9).
These seemingly anti-capitalist themes would, of course, later take on particular importance in the teachings of Jesus, who began his ministry by proclaiming that the following prophecy of the ancient Jewish prophet Isaiah had been fulfilled in the ears of those listening:
The Spirit of the Lord is upon me, because he has anointed me to preach good news to the poor. He has sent me to proclaim release to the captives and recovering of sight to the blind, to set at liberty those who are oppressed, to proclaim the acceptable year of the Lord.
(Luke 4:18-19).
I'm not sure I would call this an endorsement of capitalism, let alone a ringing one. The early Christians, for their part, did not seem to take it that way. Hence the following passage from Acts:
And with great power the apostles gave their testimony to the resurrection of the Lord Jesus, and great grace was upon them all. There was not a needy person among them, for as many as were possessors of lands or houses sold them, and brought the proceeds of what was sold and laid it at the apostles' feet; and distribution was made to each as any had need.
(Acts 4:33-35). Indeed, this passage may well have been the inspiration for the Jewish political economist Karl Marx's famous dictum, "From each according to his abilities, to each according to his needs."
Which, of course, isn't to say that communism or Acts offers workable economic policies for society as a whole (as opposed to, say, the body of committed believers who make up the church). But it's hard for me to see how the communist ethic of sharing is any further from the Bible's vision of morality and community than the faceless, brutal, ruthless global capitalism of today.
(Image via XaliberDeathlock)