Silver as an investment

Economic Responsibility: A Covenantal View / Gary North / June 22, 2017

And that servant who knew his master’s will but did not get ready or act according to his will, will receive a severe beating. But the one who did not know, and did what deserved a beating, will receive a light beating. Everyone to whom much was given, of him much will be required, and from him to whom they entrusted much, they will demand the more (Luke 12:47–48).

Jesus made it plain that the person who receives more from God owes more to God. This means that the recipient has greater responsibility than he did before. Jesus was speaking of covenant breakers. He was, therefore, speaking of negative sanctions. But the same principle governs positive sanctions. We see this in the life of Solomon. He asked God for wisdom. God gave him both wisdom and riches. These riches were rewards for his wisdom, but they were also part of the inheritance of the Davidic kingdom. Then he got stupid. He married 700 wives and 300 concubines. No other man in Israel’s history was ever that stupid. He was corrupted by his wives. He did not lose the kingdom, but his son did. Solomon’s inheritance went to the southern kingdom (Rehoboam’s two tribes) and the northern kingdom (Jeroboam’s ten tribes).

I return to the theme of the dominion covenant. The dominion covenant establishes mankind’s responsibility to exercise dominion in history.

Then God said, “Let us make man in our image, after our likeness. And let them have dominion over the fish of the sea and over the birds of the heavens and over the livestock and over all the earth and over every creeping thing that creeps on the earth.” So God created man in his own image, in the image of God he created him; male and female he created them. And God blessed them. And God said to them, “Be fruitful and multiply and fill the earth and subdue it, and have dominion over the fish of the sea and over the birds of the heavens and over every living thing that moves on the earth” (Genesis 1:26–28).

This is an inescapable responsibility. The very definition of mankind is tied to this responsibility. This responsibility is tied directly to mankind’s God-given authority to exercise dominion. Responsibility and authority are covenantally linked. They cannot be separated. Thus, every increase in a person’s wealth, influence, power, or capabilities is accompanied by a comparable increase in responsibility. God holds fully accountable every beneficiary of such blessings. They are accountable in history, on judgment day, and in eternity.


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