Orthodox Christianity And Capitalism: Are They Compatible?


AFR – The Illumined Heart | Kevin Allen | Apr 17, 2009

In this interview with Kevin Allen, host of The Illumined Heart podcast on Ancient Faith Radio, Chris Banescu discusses the economic, moral and spiritual issues surrounding the “capitalist” economic model and whether it serves the best interests of Christians living the life of the Beatitudes.

Orthodox Christianity And Capitalism: Are They Compatible? – 4/17/09 [audio:http://audio.ancientfaith.com/illuminedheart/ih_2009-04-17_pc.mp3|titles=Orthodox Christianity And Capitalism Are They Compatible?|artists=Chris Banescu]

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Obama: Destroying Human Life for the ‘Greater Good’

Obama signs executive order removing curbs on embryonic stem cell research
Obama signs executive order removing curbs on embryonic stem cell research
by Chris Banescu

On March 9th President Obama’s executive order reversed the Bush administration’s long-standing restrictions on using federal funds for embryonic stem cells research and authorized the destruction of live human embryos in medical experimentation. The administration ignored the promising results from adult stem cell therapies. It reopened a Pandora’s box of bioethical concerns and raised vocal opposition from many Christian leaders, including 191 Catholic bishops.

Science is on the side of embryonic stem cell research, the president argued. Linking fetal stem cells experiments with “scientific integrity” in the order titled “Signing of Stem Cell Executive Order and Scientific Integrity“, Obama proclaimed:

we will lift the ban on federal funding for promising embryonic stem cell research. We will vigorously support scientists who pursue this research. And we will aim for America to lead the world in the discoveries it one day may yield.

But is the grandiose promise and lofty language supported by the facts?[Read more…]

A Primer on Capitalism

Capitalism freedomby Chris Banescu

In today’s turbulent financial times and difficult economic conditions, a lot of unjustified criticism and unwarranted accusations have been laid at the doorstep of capitalism. Many in the mainstream press and academia, a majority of politicians, and a large number of Americans have jumped on the bandwagon and unfairly blame capitalistic principles for the huge mess that we are in. Such widespread confusion evidences a misunderstanding by many Americans of how value is actually created in society and what capitalism really represents.

All societies, in order to prosper, grow, and take care of its citizens must create new value to sustain its economy and support an expanding population. Common sense and experience dictate that there are only three (3) possible ways for anyone in life to have, create, or obtain value (monetary or economic) or acquire any assets (property) to be able to live or sustain oneself or one’s family:

(1) You ethically earn it by working and providing value to your employer, investing in other people’s ventures, risking it in a new business to provide new value to others via a service or product, or by inventing, creating, or discovering something new and original, that is useful (device, process, cure) or pleasing (literature, music, art) to others. This is known as ethical capitalism, which I’ll simply call “capitalism” going forward. [Read more…]

Forgiveness Without Repentance?

by Chris Banescu

In the midst of the ongoing OCA moral crisis we hear calls, especially from some clergy and many of our hierarchs, to forgive all those in the OCA leadership and administration who have for years, either through malfeasance or incompetence enabled the abuses, fraud, misconduct, and pillaging of God’s house. We are constantly reminded that our duty as Christians is to quickly and unconditionally forgive those who have mistreated others, lied, appropriated Church funds for personal luxury, stole money intended for widows, orphans, and the poor, covered up their misdeeds, and conducted themselves in an ethically reprehensible manner without a hint of remorse, repentance, and accountability. Before the people have had a chance to understand and find out what exactly has happened, who was really responsible, how much was wasted and stolen, how long this went on, who was hurt, who benefited, who lied, and who covered up their crimes, we are being told to forgive unconditionally and move on, “for the good of the Church.”

Is this call for forgiveness without truth, without repentance, without personal accountability, and without real contrition truly the Christian approach as reflected in the Scriptures and the Orthodox Moral Tradition? Are we being fooled into accepting a watered down version of forgiveness that distorts the fullness of the teaching of Christ regarding those who trespass and neither admit their culpability nor repent of their crimes? [Read more…]

Homeschooling and Parental Rights Under Attack in California

Homeschooling and Parental Rights Under Attack in Californiaby Chris Banescu –

Declaring that “parents do not have a constitutional right to home school their children,” the Second District Court of Appeal for the state of California recently issued a ruling that effectively bans families from homeschooling their children and threatens parents with criminal penalties for daring to do so. According to the Home School Legal Defense Association (HSLDA) this court decision has made “almost all forms of homeschooling in California” a violation of state law. Once again our judicial system moves to restrict religious and personal liberties, severely limit parental rights, and significantly increase the power, scope, and control of the state over our lives.

There are approximately 166,000 homeschooled children in California. With the stroke of a pen the appellate court criminalized the lawful educational choices of tens of thousands of innocent families across the state, subjected them to possible fines, and labeled their children as potential truants. This activist court chose to bypass the will of the people and legislated from the bench based on anecdotal evidence and its own clearly biased and subjective opinions about the constitutionality of parental rights and the quality of a homeschooled education. [Read more…]

Of Mice and Men, Science Mimics Creation

BlueGene L supercomputerby Chris Banescu –

As scientific research and advancements, supported by increasingly more powerful computer technologies, delve into the vast complexities of biological organisms, the handiwork and genius of their Creator become more obvious and irrefutable. Recent experiments by researchers using a computer generated “cortical simulator” designed to duplicate a miniscule fraction of the functions of a mouse brain illustrate the immense structural sophistication and the enormous intricacies inherent in all living creatures.

In February 2007 scientists from IBM’s Almaden Research Lab and the University of Nevada used the BlueGene/L supercomputer, equipped with 4,096 processors each using 256MB of memory (for a total of 1 Terabyte (TB) of memory), to run a simulation that attempted to mimic one second’s worth of the processes of half a mouse brain. The “massively parallel cortical simulator” recreated the equivalent of 8,000,000 neurons with 6,300 synapses each, inside the 1 TB main memory of the system. Despite such massive computing power, the vast complexity of the simulation required that the experiment run for a full ten seconds in order to simulate just one second of real time mouse brain activity. [Read more…]

Mere Christianity, Essential Precepts of the Christian Faith

Mere Christianity, Essential Precepts of the Christian FaithBook Review by Chris Banescu

C.S. Lewis is one of the most influential Christian writers of the 20th century and probably the most down-to-earth theologian that Western civilization has produced. His eloquent and reasoned defense of the core beliefs and truths of the Christian faith are truly awe-inspiring and timeless.

Lewis is an expert at making complex theological issues accessible and understandable by everyone, believers and non-believers alike. The profound and life-changing effects his writings have had on many generations bear witness to the clarity of thought, grace, and wisdom this author has bestowed upon his audience.

A master at appealing to logic and presenting issues in a whole new light, Lewis is not afraid to boldly and bluntly proclaim the obvious. An agnostic in his younger years, Lewis understood the objections of non-believers and dealt with their arguments head on.

Jesus Christ is God, Not Just a Moral Teacher
Perhaps one of his most well-known observations, recorded in the pages of Mere Christianity, concerns the “foolish” ideas people hold regarding Christ: “I’m ready to accept Jesus as a great moral teacher, but I don’t accept His claim to be God.” [Read more…]