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Outline:
In Leviticus 25 God puts His finishing touches on the way the economy was to function in Israel by establishing the Sabbath Year and Year of Jubilee. Upon entering the Promised Land the people were first instructed to work the land for a period of six years allowing it to lay fallow on the seventh. In fact, God was so serious about this Sabbath Year He promises to yield for them a threefold increase on year six to cover the seventh, eighth, and ninth.
As we noted last Sunday there were four fundamental reasons for the Sabbath Year: God wanted the land to a have a chance to reset. He wanted the livestock to have an opportunity to recharge. He wanted the workers to enjoy a year in which they could relax. And finally, God wanted the owner to always remember he was only a steward of the land.
Aside from this Sabbath Year occurring once in every seven, God also structured things so that a one-part economic two-parts social justice tsunami would ensue once in a generation. On the 50th year following a seven set of Sabbath Years, “on the tenth day of the seventh month” or the Day of Atonement, from the Tabernacle “the trumpet” or the shofar was “to sound” officially ushering in a Year of Jubilee “throughout all the land.”
During Jubilee all debts were forgiven, loans canceled out, lands returned to their original owner, and those in servitude for financial reasons liberated. As we discussed last Sunday, Jubilee gave everyone one big due-over at some point during their lifetime. As a result…
It safeguarded against the development of generational wealth and debt. It prohibited the formation of economic classes. It forbade the consolidation of affluence or development of land barons. In the end, Jubilee was God’s way of keeping Israel from becoming Egypt.
Because of this generational resetting of the entire economy taking place every 50th year, there is no question the amount you loaned someone had to be determined by their ability or willingness to pay you back before Jubilee. If you purchased land to expand your farming operation, the term had to be in proportion to the number of years remaining before Jubilee.
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