Covenant Theology

A system of theology which attempts to develop the Bible’s philosophy of history on the basis of two of three covenants.  This represents the whole of scripture and history.  It is a new theology from about the 18th century.  There are either two covenants (the covenant of works and the covenant of grace), or three covenants (the covenant of redemption, the covenant of works, and the covenant of grace).  Questions of problems with covenant theology is that it’s ultimate goal of history is too limited of narrow.  Second, it denies of weakens some of the distinctions which are in the Bible.  Covenant theology also denies the existence of distinctive gospels in the Bible.  One of the biggest problems with covenant theology is that it denies the distinction between the nation of Israel and the church.  Also, to make this theology work, covenant theology must employ a double hermeneutic or a double system of interpretation.  This is called the allegorical method when it comes to unfulfilled bible scriptures.  Looking at the future of Israel and the future Kingdom of God.  This would seem to be a fatal flaw in interpretation of the Bible.