Is the reason why the Bible hates the Rich and Usury is because they didn't have a modern understanding of economics?

The Bible has numerous passages that seem to be critical of the wealthy, and many people believe that this is evidence of the Bible's outdated perspective on economics. However, this is a more complex issue than it may seem at first glance.

One of the primary reasons why the Bible is critical of the wealthy is because of the concept of usury. Usury is the practice of charging interest on loans, and it was widely practiced in the ancient world. However, the Bible is clear in its condemnation of usury, and many people interpret this as evidence that the Bible is anti-wealth.

However, it's important to note that the Bible's condemnation of usury is not necessarily a critique of the wealthy themselves. Rather, it's a critique of a specific economic practice that was common at the time. Usury was often used as a means of exploiting the poor, and it was seen as a way for the wealthy to accumulate even more wealth at the expense of those who were already struggling.

Furthermore, it's important to remember that the Bible was written in a very different time and place than our modern world. The economic systems that were in place then were vastly different from what we have today, and it's not fair to judge the Bible's perspective on economics based on our modern understanding of the subject.

That being said, there are certainly aspects of the Bible's perspective on wealth and economics that are still relevant today. For example, the Bible frequently emphasizes the importance of generosity and helping those who are less fortunate. This is a message that is just as important today as it was when the Bible was written.