You're probably right. All I know of CT is what I've read because I was never a part of a church that believed that view. I've only been in a dispensational church and under dispensational teaching until about 5 months ago. I'll check that out. Thank you!
But what, if any, difference is there between that view (Baptist Covenant Theology) and what is now called New Covenant Theology?
Baptist Covenant Theology sees thee parts of the Mosaic Law: ceremonial, civil, and moral. Christ fulfilled the ceremonial and civil aspects of the law, with the moral aspect still in effect. The moral aspect (or moral law) actually predates the Mosaic Law. The moral law is the innate knowledge of good and evil. We see it operation in Genesis 4:6-7:
but for Cain and for his offering He had no regard. So Cain became very angry and his countenance fell. Then the Lord aid to Cain, "Why are you angry? And why has your countenance fallen? If you do well, will not your countenance be lifted up? And if you do not do well, sin is crouching at the door, and its desire is for you, but you must master it."
All men are still under the moral law today. No one can be saved by keeping the moral law, but obeying the moral law is the foundation of an orderly society. That is why God has empowered the magistrate to maintain civil, as well as, spiritual order. But the role of the magistrate is a topic for a future discussion.
NCT disavows the moral law. It believes Christ did away with all aspects of the law. This is why NCT has been accused of antinomianism, the view that there is no need for the law of God in the Christian life. Extreme views of antinomianism lead to the belief that the more a person sins the more grace God dispenses to them. Paul refuted that ridiculous notion in Romans 6:1-2.
What shall we say then? Are we to continue to sin that grace may increase? May it never be! How shall we who died to sin still live in it?
NCT has been linked to Reformed Baptists, when in actuality it is a fringe movement found among certain Calvinistic Baptists that are unwilling to embrace Baptist Reformed theology. They want to keep their presuppositions, and NCT provides them a safe repository for those presuppositions.
I recommend a few very good books:
Covenant Theology: From Adam to Christ
http://www.solid-ground-books.com/detail_1987.asp
A Reformed and Baptistic Perspective on God's Covenant
The Distinctiveness of Baptist Covenant Theology
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