Market Economies with Churches and Market Economies without Churches:
Zhao Xiao, a government economist in China, on the differences between market economies with Churches (like the U.S.) and market economies without churches (like China):
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The reason is simple: a people that share a faith, compared to people who only believe in themselves, find it easier to establish mutual trust, and through that to conclude agreements. However, where is the cornerstone for the American constitution? In fact, as early as the first group of English Puritans who came over to the New World on the Mayflower, there was the Mayflower Compact, which would become the foundation of autonomous government in the separate states in New England. Its contents comprised civic organizations as well as working out just laws, statutes, regulations, and ordinances, and the first line of the covenant was “In the name of God, Amen.” So shared faith is the foundation for shared law. Otherwise, a legal system, should it arise, will not be respected.Read more on Market Economies with Churches and Market Economies without Churches…
In no instance has religion proven detrimental to the American experience, yet that is what the "reality based community" of leftists would have us to believe.
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