Return to Sodom and Gomorrah: The ‘New’ Political-Economic System

24 Pages Posted: 25 Oct 2010 Last revised: 1 Nov 2010

See all articles by Hershey H. Friedman

Hershey H. Friedman

City University of New York - Department of Business Management

Date Written: October 25, 2010

Abstract

There are a significant number of politicians and economists who use pseudo-biblical values to justify their political agenda. The author feels that many of their values are indeed biblical, they represent core values of Sodom and Gomorrah. These very wealthy biblical city-states adopted special laws to discourage immigration and create a society that did everything possible to hurt the indigent members of society. It was also a society that encouraged fraud, an unjust marketplace, and a corrupt legal system. While the Bible has little to say about the ideal economic system or about free markets and competition, it does have a great deal to say about a political-economic system that is indifferent to the welfare of the stranger and justice for all. The Great Recession of 2008 may not have done as much physical damage to us as the “brimstone and fire” that rained down upon Sodom and Gomorrah but it did harm millions of people.

Keywords: social justice, business ethics, core values of Sodom and Gomorrah, core values of the Bible, compassion for immigrants, helping the poor

Suggested Citation

Friedman, Hershey H., Return to Sodom and Gomorrah: The ‘New’ Political-Economic System (October 25, 2010). Available at SSRN: https://ssrn.com/abstract=1697822 or http://dx.doi.org/10.2139/ssrn.1697822

Hershey H. Friedman (Contact Author)

City University of New York - Department of Business Management ( email )

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