Adam Smith's famous book had far-reaching effects. For one thing, it transformed economics from a practical concern into an academic matter. Soon economics was taught in universities and written about in scholarly publications by theorists, many of them with little actual experience in commerce and industry. Then, as the years rolled by, these scholarly "economists" grew more ambitious. No longer content merely to teach and write but desiring to rule, they gravitated more and more toward socialism. Discarding Adam Smith's principle of laissez-faire, they founded organizations and political parties to work for state ownership and control of economic resources. One of the best known of these socialistic associations was organized in 1884 by a group of English radicals. Since their strategy was to bring about social changes gradually, they named themselves the Fabian Society after the ancient Roman general Fabius, who won a decisive victory through the policy of delay. Not less sinister, all through the later 19th century there lurked in the background the communist party of Marx, Engels, Bukharin, and Lenin, who developed Adam Smith's emphasis on the importance of labor into a program of world-wide revolution and world-wide governmental ownership and control allegedly for the benefit of the workers.
The catastrophic changes of World War I fanned all these smoldering embers into flames which reached our own country in 1933. Since that date the government of the United States has fallen increasingly under the domination of subversive elements (socialists, Fabians, communists) commonly called the "Liberal-left." With this Liberal-left at the helm, our American ship of state has met with disaster after disaster, especially in the international sphere. Since World War II communists have taken over Eastern Europe, China, Cuba, and parts of other regions such as Indochina, the Near East, Africa, and South America. More than one billion human beings have been enslaved. And when we come to armaments, the situation is still more frightful. In 1962 the United States had 2 1/2 to 10 times as much nuclear firepower as the Soviet Union. (102) In 1972, after the signing of the Salt I armament agreement in Moscow, Dr. Henry Kissinger acknowledged that the Soviets had a 3-to-1 advantage over the United States in explosive tonnage. (103) But the only response of the Liberal-left to this terrible danger has been to cancel the B-1 Bomber, delay production of the neutron bomb, and give away the Panama Canal.
For many years it has been evident that the long-term objective of the Liberal-left leaders is to bring about the surrender of the United States to the Soviet Union. This drastic step, they believe, is necessary in order to establish a World Government. In 1958 the U. S. Senate was thrown into furor by tidings of a book entitled "Strategic Surrender," which had been prepared by the Rand Corporation, the first and greatest of the federal government "think-factories," and distributed to the U. S. Air Force. (104) In 1961 a bulletin was prepared by the State Department proposing surrender of military power to a United Nations Peace Force. (105) This also was discussed in the Senate, but this time there was no furor. Instead the bulletin was defended by a liberal Senator as "the fixed, determined, and approved policy of the Government of the United States of America." (106) In 1963 a study was made by a group of 60 scientists and engineers headed by Nobel-prize-winning physicist Eugene P. Wigner in the area of civil defense. The group proposed a tunnel grid system which for the price of $38 billion would provide all U. S. cities of over 250,000 population with protection against nuclear attack. Their report was submitted to the Defense Department and placed in storage. (107) Similarly, on Feb. 9, 1967, the Joint Chiefs of Staff recommended a plan providing a thin anti-missile defense for the entire United States and added protection for the 50 largest cities. (108) A bill endorsing this plan was passed by the Senate 86 to 2 on Mar. 21, 1967, but Defense Secretary McNamara said it would be too expensive ($4 billion a year for 10 years), and so nothing was done about it. (109)
In 1969 appropriations were voted for two anti-missile sites, but only one was constructed, and even this was abandoned in 1975. In contrast, the Russians have a fully operative anti-missile system around Moscow. Most of their new factories are built away from large urban areas, and Russian society is now equipped to go underground at short notice, with immense shares of foodstocks buried. Missile sites also have been hardened to about 15 times the strength of those in the United States. (110)
If the projected "strategic surrender" of the United States to a Russian dominated United Nations actually takes place, Bible-believing Christians everywhere will be facing persecution and death, and the preaching of the Gospel will well nigh cease. Until Jesus comes, therefore we must do our duty as Christian citizens. We must expose and oppose the evil program of the Liberal-left and work for the re-armament and security of our country. All available resources must be allocated to this end. Wasteful programs must be discontinued.
Does this mean that we are to return to the economic doctrines of Adam Smith? Not quite. For Smith was a skeptic, a friend of David Hume, and because he was a skeptic he failed to appreciate, or even to consider, the most important of all the causes of the wealth of nations, namely, the blessing of God and the influence of Christian Truth. But seek ye first the kingdom of God and His righteousness; and all these things shall be added unto you (Matt. 6-33). Even earthly interests prosper best under the sunlight of the Gospel. This is why even unbelievers, even those who reject the Saviour whom the Gospel proclaims, prefer to live in Christian countries rather than non-Christian countries and in Protestant countries rather than in Roman Catholic countries. And the testimony of history is to the same effect. The Near East, for example, was once the richest region in Christendom, but after the Mohammedan conquest it speedily became poverty stricken. At the time of the Reformation Spain and Italy were the most wealthy nations in Europe, while England was poor and Scotland barbarous. Then the Gospel came to Britain, and this relationship was reversed. And in all North and South America the only wealthy nation is our own United States, in which alone (with the exception of the Protestant provinces of Canada) the preaching of the Gospel has had free course.
While defending our country, therefore, we must not forget to defend the Bible, for this is still more basic. Honesty, moral purity, and trust in God are the foundations of national and personal prosperity, and these fundamentals are taught only in the holy Scriptures. Two things have I required of Thee; deny me them not before I die: Remove far from me vanity and lies: give me neither poverty nor riches; feed me with food convenient for me (Prov. 30:7-8). But my God shall supply all your need according to His riches in glory by Christ Jesus (Phil. 4:19).