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I don't think things like Biblical Creation should be completely discarded, though. That was probably the best explanation we had at the time for the Earth's creation (certainly better than what the Ancient Greeks, Ancient Egyptians, etc. came up with).
But as far as I can see, the only reason we make this judgment is because Judeo-Christian religions have superseded all others in the past 1,700 years. There's nothing in the book of Genesis that makes it more probable or a better explanation than Lord Vishnu being washed ashore in the sea of nothingness, being awoken by the sound of Om, and commanding Brahma to create the world. Similarly, I don't see how its a better explanation than the one in Hesiod's Theogony. Living in the west, we're just hardwired to be more accepting of the monotheistic creation story than those of other religions.
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And I see it, at the very least, as the fundamental basis for future developments in our understanding of the Earth and mankind's creation (Evolution, Big Bang - which, for a little trivia, was originally proposed by a Catholic priest, etc.). It's also debatable whether Biblical Creation was ever really supposed to be taken literally to begin with (the "Seven Days", for example, were probably intended to mean "Seven Eras" rather than "Seven Human Days" - which makes recent theories like Evolution much less anti-Biblical). Some things, particularly in the Old Testament, are probably more literal than others. Creation, to me, is to be seen as allegory.
I completely agree that the Bible has shaped our society in many positive ways. I do disagree that most of the old testament is meant to be taken as allegory (though of course, everyone is welcome to believe)- I don't see why, examining the old testament in the context it was written (10th-6th century Judaic society) would need to make the jump from seven days to seven epochs, as we in modern societies with our theories of evolution would like it to. The problem with the old testament in general, I think (and I'm sorry if I offend anyone here) is that it is a 2,500 year old document that people continually try to apply to the modern world- which as anyone whose studied ancient history knows, doesn't work. All sorts of laws and stories that would have made perfect sense to most people in a ritualistic, ancient, warlike society don't fit into our modern world view, so we have to ignore lots and allegorize more for any of it to make sense to us.
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Now, whether you believe God intervened with Big Bang, Evolution, etc. is a matter of personal faith. But I certainly think Biblical Creatio n deserves its due for at least giving us a great figurative account on the Earth's creation.
This I definitely agree with. The creation account is fascinating and should be studied, and due to its importance in our culture should be known by just about everybody (whereas, say, Hesiod's theogony should probably only be studied by people who have an interest in Greek mythology). But there is supposed to be a separation between church and state, and I don't like that Sarah Palin not only exclusively believes the biblical creation story, but that she believes it literally, unlike you, Seinfeld. Religion is fine in political leaders, but when those leaders are fundamentalists and let their religious beliefs guide their policies in the most important country in the world, then I do have a problem.