Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

The Fall of America...

...is inversely proportional the the rise of atheism. Or should I say the suppression of Christianity from everyday life.

The officially atheist Chinese government is surprisingly open to Christianity, at least partially, because it sees a link between the faith and economic success. China believes that Christianity is responsible for much of the historic success of Western Europe and the United States, said Dr. William Jeynes, senior fellow of The Witherspoon Institute in Princeton, N.J.

The scholar, who has multiple degrees and graduated first in his class at Harvard University, recalled an incident that confirms that China believes Christianity is responsible for the U.S.’s economic prosperity. At a Harvard Business conference years ago, Jeynes recalled top Chinese CEOs one after another asking Harvard scholars not about their talking points but about the relationship between Christianity and the U.S.’s economic prosperity.

The Harvard scholars, Jeynes noted, were baffled and did not know how to respond.

China, however, is not the first to make a connection between the Christian faith and economic prosperity. German sociologist and political economist Max Weber wrote the book The Protestant Ethic and the Spirit of Capitalism in which he argued that ascetic Protestantism was a major reason behind the rise of capitalism and the economic success of the Western world.

Weber observed that Christianity produces good work ethic and subsequently economic prosperity because it instills a sense of calling and people are more determined and more passionate about their work. The German economist also contended that Christianity promotes honesty, which is necessary to build trust that is essential in economic transactions; encourages people to be their best and be concerned about their neighbors’ standard of living; and discourages materialism.

But while the Chinese government is open to Christianity, it also “wants to control Christianity.” Those in authority are very much aware of the Church’s role in bringing down the Berlin wall and advancing democracy in the Soviet bloc.

“They view Christianity as a belief system that if not controlled will potentially overthrow the government,” said Jeynes. “But on the other, they see that if you try to oppress Christians that it could lead to this explosion as it did in Eastern Europe and [they could] lose control that way.

“So they want Christianity for the benefits but they want to control it, and that is the balance they are currently trying to achieve.”

Other world religions do not promote economic prosperity like Christianity.

Hinduism believes Hindus are born and not made so there is a large degree of passivity in the religion, Weber observed. Also, the Hindu caste system is not conducive to instilling a work ethic where people push themselves harder with the hope that they can rise above their current situation.

In Buddhism, which shares many similarities with Hinduism, followers are taught the importance of respect and deference to the point that they support the status quo instead of change. Buddhism also defines “desire” as fundamentally wrong, whereas in Christianity there is distinction between the desire to glorify God and love people versus selfish and evil desires.

Meanwhile, Confucianism, dominant in East Asia, leaves less room for social mobility than Christianity because it emphasizes hierarchy. It also is more supportive of dominating forms of government than Christianity, Weber noted.

And with Islam, the hierarchy value is even more emphasized than in Confucianism. Islam emphasizes compliance rather than freedom of grace that Jesus brings. Christianity’s teaching of God’s love encourages followers to help raise the living standards of others, the economist also observed.

As Weber, other scholars, and now the Chinese government observe, where Christianity is dominant there is economic prosperity.

(This next sentence is especially for you LE)

American Orthodox Rabbi Daniel Lapin, who is a political commentator, noted that 90 percent of scientific discoveries over the last 1,000 years were in nations in which Christianity was dominant.

“The Chinese believe that if the level of immorality that exists today, sexual immorality especially, persists, then the economic strength of the country cannot continue,” said Jeynes. “So they very quickly want to teach morality, especially to the young before their economy might indeed collapse.”

“It is not that they embrace Christianity with the most pure motive,” Jeynes noted. “A lot of their motive is it is good for our country, the morality of the country, and if we want economic prosperity to continue we need to have a more invitational approach to those who are Christian.”

There are an estimated 100 million Christians in China, about 75 million in the “underground” church, said Jeynes, and the number of believers is growing by six to seven million a year.

SOURCE

Age of America Nears End

Chinese Economy to Surpass U.S. by 2016

For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China.

And it’s a lot closer than you may think. According to the latest IMF official forecasts, China’s economy will surpass that of America in real terms in 2016 — just five years from now.Put that in your calendar. 

It provides a painful context for the budget wrangling taking place in Washington right now. It raises enormous questions about what the international security system is going to look like in just a handful of years. And it casts a deepening cloud over both the U.S. dollar and the giant Treasury market, which have been propped up for decades by their privileged status as the liabilities of the world’s hegemonic power. 

According to the IMF forecast, which was quietly posted on the Fund’s website just two weeks ago, whoever is elected U.S. president next year — Obama? Mitt Romney? Donald Trump? — will be the last to preside over the world’s largest economy. 

Most people aren’t prepared for this. They aren’t even aware it’s that close. Listen to experts of various stripes, and they will tell you this moment is decades away. The most bearish will put the figure in the mid-2020s. But they are miscounting.