October 16 – LD 42, Day 2: Biblical Stewardship (2)

Psalm 50:12,14a - If I were hungry, I would not tell thee: for the world is mine, and the fullness thereof…Offer unto God thanksgiving.”

The truth that God owns all things is not understood in our day. The disregard of that truth is a fundamental error of all economic systems and philosophies. All forms of economic theory, whether communism, socialism or capitalism, teach that things belong to man. Although there are other fundamental errors that can be exposed in the economic theories of communism and socialism, excluding God from the equation is a critical fault in current capitalistic theory. This fault is easily explained too. The world, after all, has taken God out of His own creation. They have done so, by denying God as the Creator. But we confess the truth of Scripture, that He is the Creator of all things, the one, only true God. “Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear” (Heb 11:3). Because He created, and there is none beside Him, it stands to reason that He is the owner of all things.

But this sovereign ownership, which is God’s alone, is an ownership that has also been revealed in a most beautiful way. He gave His Son for the deliverance of this His creation. By the deceit of Satan, the whole creation was brought under the power of sin. But God sent His Son to deliver not only His elect church, but also the creation from the bondage of corruption into the glorious liberty of the children of God (Rom 8:19ff). So that when we are told in I Cor 3:21, that “all things are yours,” we do not fail to overlook the connection — “all are yours; And ye are Christ’s; and Christ is God’s” (1 Cor 3:23). That means that far from leaving the earth and all material things under the power of sin, Christ has come to pull them away from the grasp of Satan, the prince of this world, and to return them to His heavenly Father — a work that will be seen as complete when He finally accomplishes His purpose and establishes the new heavens and the new earth, where righteousness dwells and there is no more stealing and usurping of His sovereign ownership.

Last modified on 11 October 2015

Additional Info

  • Date: 16-October
Key, Steven

Steven R. Key (Wife: Nancy)

Ordained: September 1986

Pastorates: Southeast, Grand Rapids, MI - 1986; Randolph, WI - 1991; Hull, IA - 2000; Loveland, CO - March 2010

Website: https://sites.google.com/site/lovelandprctest1/home

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    United States
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    970-667-1347
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