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Biblical Principles of Government (5b)

Principle Perspective with Mike Winther

Release Date: 04/10/2024

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Principle Perspective with Mike Winther

As Mike Winther continues his Biblical Principles of Government series, we'll explore practical components about how the world works while increasing our intellectual inquiry. All of this is so we can gain a better understanding of how we can make a difference. He kicks off the show by discussing whether the topics covered in the series really matter.  For many Christians, they don't. Everything is already seen as a foregone conclusion. This is a view that people have held since the second century AD. If your answer is yes, this matters, then what are you going to do? This lecture will...

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Mike Winther continues his series of lectures on the Biblical Principles of Government. Today, we dive into the sources of authority. God is identified as a source of authority, a truth we understand through scripture. The Bible is also proposed as the foundation for authority within family governance, as well as in civil and church contexts. If God is not considered the source of authority, then who or what would fill that role? He discusses democracy and the principle of majority rule. Mike draws a distinction between large-scale (big) government and small-scale (small) government,...

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More Episodes

Last week, Mike Winther discussed the biblical view of property, the definition of property, and the question of whether private property should even exist. Throughout this series of lectures, he has been using the example of an island to illustrate each concept.

Today, we return to the island to vote on redistributing money from the island's wealthy family to its poorer counterpart. In essence, our island has adopted a somewhat socialist approach, redistributing wealth from the rich to the poor. This change necessitates the introduction of an IRS agent and a social worker, leading to decreased production. Winther continues by demonstrating the impact of varying governmental forms on the real economy.

We explore concepts such as distributional and motivational loss. Mike dives into discussions on charity, the socialist model, and biblical principles aimed at preventing the vicious cycle of loss. He also outlines the reasons socialism is considered flawed, both biblically and in practical terms. Eventually, he comes back to the importance of property rights.

You’ll Learn:

  • [00:43] One family on the island is highly productive. They are rich. There's also a poor family who isn't as productive.

  • [01:40] Our system then becomes socialist where we take from the rich and give to the poor.

  • [02:35] We then have to audit the productivity of every family on the island. 

  • [03:27] One person is in charge of redistributing wealth.

  • [04:45] Removing one family to be the redistributors of wealth creates less for everyone, because that family isn't productive anymore.

  • [07:59] 40% of Americans are employed redistributing wealth.

  • [08:37] Socialist economies have motivational loss and distribution loss. 

  • [11:31] The Socialist model for taking care of the poor reduces economic capacity.

  • [12:10] We need to understand why there is poverty.

  • [14:24] Socialism violates property rights. 

  • [15:07] Three of The Ten Commandments actually assume a positive role of private property.

  • [23:14] Mike discusses a Biblical example of voluntary gifts of wealth.

  • [23:57] The free market is voluntary. Karl Marx and socialism are mandatory.

  • [24:09] Reasons why socialism is wrong: 1. It violates property rights. 2. Requires the government to operate outside its bounds. 3. There's no God in the system. 

  • [27:29] Why are people poor? They're poor because of poor governmental systems and the economy's created by those systems.

  • [28:14] How to create poverty. Have a government that makes it hard to accumulate tools or excess production. Without property rights and holding title, improvements can lead to confiscation.

  • [30:03] Mike talks about the dangers of inflating the money supply.

  • [31:08] Contracts need to be enforced in order to grow wealth.

  • [32:00] We are poor with socialist governments. We are poor with no property rights.

  • [32:40] Our founding fathers said the most important right was the right to property.

  • [36:56] Governmental regulations can sometimes be used to pass the buck.

  • [37:50] Having the government solve every problem is the definition of statism.

  • [38:44]  A Laissez-faire economy is a leave us alone economy or free market.

  • [44:16] How a market economy is able to actually create goods. The term is called the invisible hand or the hand of God. 

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