Dateline: 31 August 2013
I was listening to Why Economic Recovery is Impossible at Generations With Vision radio back on August 20th. The show is an excellent interview with Christian-economist, Dennis Peacocke about his recently-published book, On The Destiny of Nations: Resolving Our Economic Crisis. I bought the book, I read it, and I have mixed feelings about it, which I'll write about here in a future blog post. For now, I want to focus on John Maynard Keynes, who is credited with being the architect of our current global economic system.
From that radio interview I learned of a prior Generations radio interview with Dennis Peacocke titled, Doing Business God's Way, which I also listened to. At one point in that interview Dennis Peacocke says that John Maynard Keynes was a "flaming homosexual." After making it clear that he is not homophobic (he's theophobic), Mr. Peacocke said:
"The issue with Keynesian economics is that the homosexual community, in general, is not interested in generational transfer. That is, the accumulation of capital across family lines. And biblical economics is all driven by generational transfer. That is how God expects us to pass on skills to our children, who are then able to build off what we have created. The Keynesian economic model is debt-driven, and it basically assumes that a current generation has the right, if not the responsibility, to consume whatever level of assets it wants, even if it has to borrow from the future—borrow from children and grandchildren, born and unborn, in order to support that consumption level."
Biblical economics is driven by "generational transfer." That, in itself, really piqued my interest, and needs to be better understood, but I was downright intrigued by that "flaming homosexual" comment.
What exactly is a flaming homosexual? Well, I would suppose it to be an openly "gay" person who is a promiscuous sodomizer, and whose conscience is seared.
With that in mind, I checked the Wikipedia page for John Maynard Keynes, and it appears that he truly was a flaming homosexual.
Now, it matters not a whit to me what Keynes did in his private life, but I was powerfully intrigued by the idea of how his homosexual worldview related to his now-dominant economic theory. Dennis Peacocke alluded to the connection between Keynes's moral depravity and his economics in the radio interview. Indeed, that was his reason for mentioning the homosexuality of Keynes in the first place.
My curiosity led me to do a Google search of "homosexual worldview." I found my way to Gospel Analysis of The Gay Worldview, by Dustin Conner. I found it to be an interesting read. Here's a pertinent snippet:
"The gay worldview largely reflects a post-modern mindset when it comes to knowledge. Knowledge is gained primarily through desires and inclinations that feel normal to each individual."
Well, that's interesting. My biblical worldview tells me that the fear of the Lord is the beginning of knowledge (Proverbs 1:7). But I'm well aware that I'm countercultural in that respect. Then the Gay Worldview essay states:
"In a gay worldview, the individuals ethic is defined not by a transcendent universal code to be adhered to by all, but is instead defined by the preference of an individual or a specific community."
So, in other words, in the homosexual worldview, there is no higher moral authority than preference or feelings. If it feels good, if it pleases me, then it is morally good. Instead of God giving mankind standards of righteousness to live by and to order civilization, the homosexual worldview believes that humans can make up their own standards of right and wrong.
That was the worldview of John Maynard Keynes, and that is exactly what he did when he applied his worldview to economics.
In one of those aforementioned radio interviews, Dennis Peacocke makes the statement that there are fundamental God-created, economic laws (akin to physical laws, like gravity) that can not be broken. He then pointed out that we don't break God's laws...they break us. The point being, when men and societies stray from the transcendental truths of God's word, there will be a price to pay. Thus, economically speaking, our civilization will pay a heavy price for following the economic theory of John Maynard Keynes.
After I received Dennis Peacocke's book and got to reading it, I found more discussion about Keynes:
"I am citing [the homosexuality of Keynes], not out of moral concerns in this discussion, but rather out of the obvious effects his orientation had on his view of economic theory. He clearly cared very little for future generations, based on the debt levels he was willing to create for them by borrowing from the current generations, hoping to create added employment through government spending or higher levels of consumption to stimulate the economy. The point of these effects relative to his sexual orientation was that his parental concerns or views regarding children were non-existent in his conversations, and his books featured strong attacks on the "traditional life-styles" as he called them, of traditional society and traditional family morals."
The Bible makes it clear that actions have consequences. Actions are based on beliefs. Beliefs are built on fundamental presuppositions about the world we live in, about our origins, about what is true, about reality, which is to say that beliefs come out of a person's worldview. I find it fascinating that an economic theory, based on the perverted worldview of one man could be so universally accepted.
But the more important thing to be considering is what kind of economic system should prevail when the Keynesian economy finally collapses.