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New Covenant Theology is a developing system of theology that provides a more biblical way to interpret the Scriptures by questioning key theological presuppositions which undergird the hermeneutics (principles of interpretation) of CT and DT. NCT is based upon a redemptive history approach to understanding the fulfillment of God’s eternal kingdom purpose on earth. Its principles of interpretation are based upon a biblical theology that stresses the theology of the Bible itself, especially upon the NT understanding of the OT. NCT challenges the basic theological presuppositions of the one Covenant of Grace system of Covenant Theology, including its understanding of the “moral law” of God and the nature of the Church. NCT also challenges the two redemptive purposes of Dispensational Theology, one for the Church and one for Israel, and it challenges some of DT’s presuppositions and literal hermeneutic for understanding key elements of Bible prophecy. The driving motive of NCT is “back to the Bible.” NCT emphasizes the inductive study of the Bible. A major objective of NCT is that its hermeneutic will help bring doctrinal unity in this sin-wrecked world by breaking down the middle walls of doctrinal partition that exist within the theological systems of Covenant Theology and Dispensational Theology.
http://www.godsgwg.com/Godsgwg/Art-NCT% … ctives.htm
Boy, that covers a lot of disputes and controversy, and would if accepted be unifying rather than dividing in Christianity.
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