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The_Saint said:
"Profits should be distributed according to the law of Love".
This may be true, but the sluggard and sloth are condemned. Charity given by the law of love is much different than the free lunch welfare is. ... Is it loving to give such a person welfare? Love is charitable and good, but sometimes it requires a tougher action. ... Most people refuse to flip burgers or walk behind an elephant with a bucket and shovel. Should I collect welfare if the shovel & bucket job is availible and adequate? Should I recieve unemployment if I am not actively seeking work?
The extreme left and/or secular view of socialism is far from how we should look at it as Christians.

What you say is quite true and Biblical. Paul says in 2 Thessalonians 3:10 - For even when we were with you, this we commanded you, that if any would not work neither should he eat.

Thus saith the Word of God. So I have a bit of trouble understanding John Calvin when he says "...we must not think of a man's real value, but only of his creation in the image of God to which we owe all possible honor and love. ...Suppose that he is unworthy of your least exertion; but the image of God which recommends him to you deserves that you surrender yourself and all your possessions to him.

I do agree with the last sentence of your post, but would also add the extreme right to it. None of those possitions are tenable when viewed through Scpriture.