I. 3 systems
a. Covenant Theology
i. Emphasis on Continuity
ii. Mostly Presbyterian
b. Dispensationalism
i. Emphasis on Discontinuity
ii. Mostly Bible Churches
c. New Covenant Theology
i. Both Continuity & Discontinuity
ii. Believer’s church traditions. Rooted in Anabaptism.
II. 5 Distinctives of NCT
a. One Plan of God Centered in Jesus Christ
i. Eph 1.8-10
ii. No Covenant of Grace
b. Read OT in light of NT
i. Heb 1.1-2
c. The Old Covenant was temporary by divine design
i. Not Under Law
ii. Gal 3.19-21, 23-25
iii. Old Age
d. There is no tripartite division of the law
i. Exod 19-24
ii. Heb 7.11-12
iii. 10 Commandments
e. We are not under the law of Moses, but under the Law of Christ
i. Gal 6.2, 1 Cor 9.20-21
ii. Purpose is God’s Glory, Pattern is Jesus, Principle is Love, and the Power is the Holy Spirit
f. All in the New Covenant Community Have the Holy Spirit
i. Ezek 36-37, Joel 2, Isa 32, 44
ii. Israel/Church
1. Gal 3.7, 29, 6.15-16, Rom 2.28-29, Phil 3.2-3