Capitalism is Broken, and I Think I Have Found the Solution

Capitalism is Broken, and I Think Know Why:

Minister Paul J Bern
5 min readAug 12, 2023

What the Scriptures Say About Fairness and Equality

by Rev. Paul J. Bern

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Capitalism is, the gross domestic product of the poorest 48 nations on the planet equaling the wealth of the three wealthiest families

A Headline taken from the Internet just several days ago caught my eye, since its topic closely parallels the motto for this blog, “Where truth, justice and the Bible meet”. I then found two more related examples as well, and here they are.

What the Wealthiest Have Accumulated

  • Warren Buffet’s Berkshire Hathaway sees operating earnings increase 7% over last year, cash balance grows to $147B (More)
  • Microsoft annual operating income for 2023 was $88.523B, a 6.16% increase from 2022. Microsoft cash on hand for 2023 was $111.262B, a 6.21% increase from 2022.
  • Lockheed Martin’s cash on hand for the quarter ending June 30, 2023 was $3.673B, a 106.93% increase year-over-year.

So now we can all see that this adds up to $262.7 billion in cold, hard cash between these three financial entities. Now, let’s compare that to the current liquid assets of the average American worker in…

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Minister Paul J Bern

Rev. Paul J. Bern is a Web pastor and blogger on The Social Gospel Blog on Medium and Substack. Longtime Atlanta Ga. resident; stroke survivor; piano player