Advantages And Disadvantages Of The Jubilee

The principles of the Jubilee discussed in Leviticus 25 can be applied to third world countries, but there are benefits and disadvantages if the Jubilee system is applied. Depending on whose perspective one looks at, the Jubilee system would benefit or pose as a threat. To the less fortunate and those who had sold their property as a means of survival would receive all of their property in the year of Jubilee. The rich, who had exploited from the poor, would disagree with this system as they will lose control of the property they gain or cancel the debt others owe them. Since they have more “power” in the country, the Jubilee system might not work as effectively. Civil war may even occur as a result. The Jubilee is a year of release and liberty, according to Leviticus 25:10 (ESV). It allows the people to return to their land and property. With the restoration of land and property to its original owner, the people of the country would receive what they had once lost. The poor people often lose their land and property to the wealthy people of the land; this restoration of land and property assures that the impoverished would regain …show more content…
Restored debts between citizens of the country and also between countries would be beneficial to the less fortunate and the third world country. In the aspect of the citizens, the less fortunate would appreciate that all of their debts are cleared, but the creditors would be frustrated. This would also close the gap between the two social classes. In the aspect of clearing the country’s debts with other countries, the global economy would be affected. The restoration of debts would weaken the country’s economy and more debt might incur. Not only would there be a debt on the third country, the creditor would also experience its effects. This would even affect the economy of other countries that is associated with the country in debt and in