> ...it is a Biblical principle to have jubilee years...
That part of the Bible also establishes a government funded priesthood consisting of only men that routinely perform ritual animal sacrifice. Point being, the jubilee year stuff was specific instructions on how to govern a particular people in a particular place at a particular time in history.
Now, I would consider guaranteed loan forgiveness after, say, seven years, but that would probably just reconfigure how loans are structured. I figure people would get smaller mortgages, having to buy smaller houses with larger down payments. I'm not sure that's better for the poor than what we have now. Maybe it would be? The adjustment would certainly strain the economy while the housing sector sorted itself out.
I’m an atheist and don’t necessarily care much for Biblical principles. However, right wing Christians I know quote par6s of the Old Testament as evidence for some of their moral beliefs. They do tend to ignore those portions that contradict their preconceived ideas.
That's a pretty broad brush to paint with. The Old Testament is a collection of books of different genres. Some parts are a legal framework for governing. Others are moral instructions. Most are historical record.
The commandment against murder clearly doesn't have the same context as the instructions for how to dress temple priests. It's not selective reading to consider the text in context. It doesn't require a deist belief either.
That part of the Bible also establishes a government funded priesthood consisting of only men that routinely perform ritual animal sacrifice. Point being, the jubilee year stuff was specific instructions on how to govern a particular people in a particular place at a particular time in history.
Now, I would consider guaranteed loan forgiveness after, say, seven years, but that would probably just reconfigure how loans are structured. I figure people would get smaller mortgages, having to buy smaller houses with larger down payments. I'm not sure that's better for the poor than what we have now. Maybe it would be? The adjustment would certainly strain the economy while the housing sector sorted itself out.