“So as to walk in a manner worthy of the Lord, fully pleasing to Him, bearing fruit in every good work and increasing in the knowledge of God.”
~ Colossians 1:10 English Standard Version
For nearly two and one-half centuries the American economy has thrived on the innovation, entrepreneurship, and God-given skills and talents of its people. Americans have always united behind free enterprise and a moral code by which we have lived. That code is the Golden Rule – treating fellow Americans in a manner by which we would want to be treated. As stated in Matthew 7:12:
“So, whatever you wish that others would do to you, do also to them, for this is the Law and the Prophets.”
The American system of free enterprise has been a huge blessing to our economy from the country’s inception, creating a 20 trillion-dollar economy that is the envy of the world. But what is the real “glue” that holds the U.S. economy together and, for that matter, the entire country and its people? It is the morality of its people – treating others the way we would like to be treated within the context of what we call today “the rule of law.”
Look around at all of the good things that free enterprise creates within the context of morality: lifting people out of poverty, creating economic opportunities across all classes of people, and enabling the talents of nearly all Americans to be harnessed and put to good use for the benefit of others and the country. Virtually no one is condemned to a life of misery or material deficiency. Yet, none of this would come to fruition if ever there was a breakdown in the moral fabric of society. If such a breakdown would occur, then our economic dream would turn to economic chaos and the eventual collapse of the country.
To readers of this short essay, it is crucial to understand that our country is blessed beyond comprehension. Much of this stems from the economic freedom we all enjoy; but, economic freedom without a moral code of honor in everything we do would be for naught. At that point, the wonderful anomaly of this country’s economic greatness would turn to economic squalor and misery – the harsh reality suffered by much of the world. As stated in Proverbs 13:23:
“The fallow ground of the poor would yield much food, but it is swept away through injustice.”