Does God run the universe like Bain Capital?

A recent opinion article in the Wall Street Journal found capitalism embedded in the Biblical message.

Rabbi Aryeh Spero wrote that work is the engine developing mankind's accountability and keeps people from idleness. He sees the capitalistic impulse as being in God's image. "The mechanism of capitalism, as manifest through investment and reasoned speculation, helps facilitate our partnership with God by bringing to the surface that which the Almighty embedded in nature for our eventual extraction and activation," he said.

Spero's examination is part of a broader public debate on the role of government, social justice and the place of free market capitalism in society and in religion.

But Spero admitted the Bible is not a business-school manual. "While it is comfortable with wealth creation and the need for speculation in economic markets, it has nothing to say about financial instruments and models such as private equity, hedge funds or other forms of monetary capitalization," he said. "What it does demand is honesty, fair weights and measures, respect for a borrower's collateral, timely payments of wages, resisting usury and empathy for those injured by life's misfortunes and charity."

An essay by Rit Nosotro at HyperHistory.net argued the Bible doesn't support laissez-faire, hands-off capitalism, but a "modified market capitalism" that "controls the human desire for riches and greed through more regulation."

Nosotro raised the dangers of a Darwanistic approach that doesn't protect weaker segments of society.

"From the ruthless, Darwin-based capitalism of the pre-Depression era in America to temperate capitalism practiced on Biblical principles, religion retains its inextricable ties to economics," Nosotro said.

Gary North, however, said on his financial website the Bible mandates free market capitalism. "When Christianity adheres to the judicial specifics of the Bible, it produces free market capitalism," he said. "On the other hand, when Christianity rejects the judicial specifics of the Bible, it produces socialism or some politically run hybrid 'middle way' between capitalism and socialism, where politicians and bureaucrats make the big decisions about how people's wealth will be allocated. Economic growth then slows or is reversed. Always."

Not all Americans see it this way.

Religion News Service reported on their poll released in April 2011 with the Religion Research Institute, which found 44 percent of Americans "see the free market system at odds with Christian values." Thirty-six percent did not see it as being at odds. Those numbers held up whether those polled were Catholics, mainline Protestants, white evangelicals or minority Christians.