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Editorial

Zombie Apocalypse

Why is a biblical fundamentalist writing about the Zombie Apocalypse?

Keep in mind,  the blog is about economics and the principles the bible teaches that are the foundation for economic thought.

The book of Deuteronomy is the history of Israel before they enter into the promised land.

Towards the end of the book, God is rehearsing for the nation Israel what they should do once the enter the land. The nation is to bring “first fruit of the land” (Deut 26:2) and offer it to the Lord.

The first fruit was introduced earlier in the bible and it was an acknowledgement of God’s material blessing on the nation Israel.  The nation offered the first fruit as a means of worship the God who provides for them.

They are to tell the Lord, 14 I have not eaten thereof in my mourning, neither have I taken away ought thereof for any unclean use, nor given ought thereof for the dead: but I have hearkened to the voice of the Lord my God, and have done according to all that thou hast commanded me.”

The inhabitants of the land practiced all sorts of wickedness in relation to the dead and God did not want Israel to adopt those behaviors. The offering, as a means of worship, was not to be shared with the dead.  The offering was wholly devoted to the Lord who provided for them.

The commandments to the church are the same. We are not to worship, make offerings or contact the dead. Galatians 5:19-21

Now the works of the flesh are manifest, which are these…20 Idolatry, witchcraft….21 ……of the which I tell you before, as I have also told you in time past, that they which do such things shall not inherit the kingdom of God.

The principle is let the dead be dead. Do not worship them. Do not make offerings for them. Do not try and contact them. 

The economic application of the principle is simple: If the business is dead, let it be dead.

How do we know if a business is dead? Expenses exceed revenue. Creditors lose confidence and refuse to extend credit. The market has spoken.   The business is wasting productive resources that are more useful in other areas. Let the business fail.

Creditors will then sell off the assets to those who can make more productive use of the assets. Those businesses in turn will produce products that satisfy the consumer. They have turned unproductive things into productive things.  If they don’t, then the cycle will repeat.

So, what about zombies?

Zombies are things that were dead and brought back to life by spiritism.  The only thing they do is kill living things.  Zombie companies are companies that should be dead soon.  Creditors and investors are losing confidence and eventually the company will die, unless…

What happens when these businesses employ tens of thousands of people and the political fallout of unemployment might mean they are voted out of office.  What happens when the world is convinced that it is the responsibility of governments all of the world to “save” companies from death?

God has warned against “giving aught thereof for the dead”. Do not give what God has blessed us with to the dead. Disobeying God always brings dire consequences usually in the form of judgment.

So what happens when government taxes its citizens, or worse yet, prints money to use a means to extend credit?  Zombie Apocalypse.

Resources first in the form of capital, then in other factors of production will be used on unproductive activity by the horde of Zombies.  Consequently, they will be stealing what is necessary for companies that are productive to flourish, and limiting innovation by depriving new ideas capital.  

A destructive cycle has begun.  Zombies breed zombies until there is no more living flesh to consume.  And if you think the fictional zombie apocalypse is bad, what until the destruction of our economy is complete.

 

 

 

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