From Dr .J. Ligon Duncan...found on Monergism.com
First of all, Dispensationalists may be an Arminian or four point Calvinists, but Dispensationalists are almost never five point Calvinists. The point that they drop out, of course, is limited atonement.
Covenant Theologians are, of course Calvinists by definition, of the five point variety. Covenant Theology, if it enforces anything, it enforces the Calvinistic doctrine of Limited Atonement.
If Covenant Theology does anything, it sets in context a full orbed Calvinist doctrine of Particular Redemption. Secondly, Dispensationalists speak in terms of a literal interpretation of the Bible. This is a major rhetorical thing that you hear in discussion with Dispensationalist friends. “We interpret the Bible literally.” Of course, the implication being that you don’t. We interpret the Bible literally, you don’t. You do something else to it. Whereas Covenant Theologians would argue, ‘We interpret the Bible literally, but, we believe that the New Testament interprets the Old Testament.”
We believe that the New Testament is the hermanutical manual for the Old Testament. And Dispensationalists are suspicious of that.
When you say that the New Testament must interpret the Old Testament, Dispensationalists get a little bit edgy, because they feel you are about to spiritualize something that the Old Testament has said for them very clearly. So that is a fundamental difference.
The Covenant Theologian believes the New Testament has the final word as the meaning of that passage, whereas the Dispensationalists tends to want to interpret the Old Testament and then go to the New Testament and attempt to harmonize the particular teaching of the New Testament with their previous interpretation of that Old Testament passage, rather than allowing the New Testament fundamental hermaneutical control.
In a classic example of this, Scoffield himself tells you that the most important passage in the Bible, from a Dispensational perspective is Amos chapter 9. Well, of course, Amos chapter 9 is interpreted in Acts chapter 15, but the interpretation of Amos chapter 9, that is given in Acts chapter 15 is diametrically opposed to the central principle of Dispensationalism. So how does the Dispensationalist deal with that? Well, he gives you his “literal interpretation” of Amos 9 and then simply attempts to harmonize the teaching of Acts 15 with his previous literal interpretation of Amos 9, whereas the Covenant Theologian says no, “James tells you what Amos 9 means in Acts chapter 15, and therefore, James’ interpretation must exercise all hermenutical control even when you are doing your own original exegesis of Amos 9.” Because if James says that is what Amos 9 means, and James is speaking under the inspiration of the Holy Spirit recorded in Acts chapter 15, then that is what Amos 9 means. So you see a fundamentally different approach to Old Testament and New Testament interpretation.
First of all, Dispensationalists may be an Arminian or four point Calvinists, but Dispensationalists are almost never five point Calvinists. The point that they drop out, of course, is limited atonement.
Covenant Theologians are, of course Calvinists by definition, of the five point variety. Covenant Theology, if it enforces anything, it enforces the Calvinistic doctrine of Limited Atonement.
If Covenant Theology does anything, it sets in context a full orbed Calvinist doctrine of Particular Redemption. Secondly, Dispensationalists speak in terms of a literal interpretation of the Bible. This is a major rhetorical thing that you hear in discussion with Dispensationalist friends. “We interpret the Bible literally.” Of course, the implication being that you don’t. We interpret the Bible literally, you don’t. You do something else to it. Whereas Covenant Theologians would argue, ‘We interpret the Bible literally, but, we believe that the New Testament interprets the Old Testament.”
We believe that the New Testament is the hermanutical manual for the Old Testament. And Dispensationalists are suspicious of that.
When you say that the New Testament must interpret the Old Testament, Dispensationalists get a little bit edgy, because they feel you are about to spiritualize something that the Old Testament has said for them very clearly. So that is a fundamental difference.
The Covenant Theologian believes the New Testament has the final word as the meaning of that passage, whereas the Dispensationalists tends to want to interpret the Old Testament and then go to the New Testament and attempt to harmonize the particular teaching of the New Testament with their previous interpretation of that Old Testament passage, rather than allowing the New Testament fundamental hermaneutical control.
In a classic example of this, Scoffield himself tells you that the most important passage in the Bible, from a Dispensational perspective is Amos chapter 9. Well, of course, Amos chapter 9 is interpreted in Acts chapter 15, but the interpretation of Amos chapter 9, that is given in Acts chapter 15 is diametrically opposed to the central principle of Dispensationalism. So how does the Dispensationalist deal with that? Well, he gives you his “literal interpretation” of Amos 9 and then simply attempts to harmonize the teaching of Acts 15 with his previous literal interpretation of Amos 9, whereas the Covenant Theologian says no, “James tells you what Amos 9 means in Acts chapter 15, and therefore, James’ interpretation must exercise all hermenutical control even when you are doing your own original exegesis of Amos 9.” Because if James says that is what Amos 9 means, and James is speaking under the inspiration of the Holy Spirit recorded in Acts chapter 15, then that is what Amos 9 means. So you see a fundamentally different approach to Old Testament and New Testament interpretation.