I don't think the Year of Jubilee would eliminate capitalism. It just adds a reset into the assumptions so that nobody is ever screwed. Instead, there's a reset available for people every so often. I also think the Bible says a lot about wisdom and how to earn a profit, not just in financial terms but in time management too. Proverbs has many examples.
So I would say that on the Bible, we'd still have free markets but with more guard rails so that nobody falls through the cracks if they're at least trying.
I do think we should bring back the Year of Jubilee though. Ironically, 2025 is a Year of Jubilee. I'm a big fan and I'm sure there are viable modern interpretations for it.
So I would say that on the Bible, we'd still have free markets but with more guard rails so that nobody falls through the cracks if they're at least trying.
I do think we should bring back the Year of Jubilee though. Ironically, 2025 is a Year of Jubilee. I'm a big fan and I'm sure there are viable modern interpretations for it.