18:21 The angelic act of throwing the millstone into the sea is symbolic of Babylon's fate (cf. Jer. 51:63-64). As it is impossible for that huge stone to rise to the surface, so the economic system that has driven this world virtually throughout its history will sink. It will never rise again (cf. Exod. 15:5; Neh. 9:11).612The strong angel (cf. 5:2; 10:1) also explained his symbolic action. Babylon's destruction will be sudden, violent, and permanent.
18:22-23 Many things will end with the destruction of this system. John mentioned the rejoicing of unbelievers, the work of producers of goods, the use of their tools, the light their activities produced (literally and figuratively), and the happiness that resulted. No music, trades, or industry will continue (cf. Jer. 25:10). Where there had previously been hustle and bustle, there will then be silence.
The angel gave three reasons for this devastation, two in verse 23 and one in verse 24.613First, men whom the world regards as great have enriched themselves and lifted themselves up in pride because of Babylon's influence (cf. Isa. 23:8). Second, as a result of the first reason Babylon has seduced all nations. She deceived all the nations into thinking that joy, security, honor, and meaning in life come through the accumulation of material wealth. She used sorcery (cf. 9:21) to seduce the nations into following her (cf. 2 Kings 9:22; Isa. 47:9, 12; Nah. 3::4).
18:24 The third reason for Babylon's judgment is that she slew the saints (cf. Jer. 51:35, 36, 49). The angel stated this reason as a fact rather than as an accusation. The responsibility for the blood of God's servants martyred for their testimonies lies at the feet of this system. The murder of prophets is especially serious since they bore the word of God, but killing any saint is bad enough. Unbelievers have killed many believers, directly and indirectly, in their pursuit of material possessions. This verse could hardly apply only to the city of Babylon, though it includes that city. Through her example Babylon has been responsible for all the slayings on the earth, so guilt rests on her shoulders.
"Blood violently shed cries out for vengeance until it is rewarded by the punishment of the murderers [cf. Gen. 4:10]. The destruction of Babylon answers to that punishment."614
To summarize, it seems that the Babylon John described in this chapter is the commercial system of buying and selling goods to make a profit that includes capitalism. As religious Babylon includes all forms of religion (non-Christian as well as Christian religions), so economic Babylon includes all types of economies (capitalism, socialism, communism, etc.). This economic system will have its headquarters in Babylon on the Euphrates River during the Tribulation, and it will burn up. Self-interest is at the root of this system. Whereas believers have always lived within this system, we have always known that we must not adopt the philosophy that drives it, namely, selfishness. This system has become so much a part of life that it is hard for us to imagine life without it. Nonetheless this chapter teaches that it will end just before Jesus Christ returns at His second coming, and it will exist no longer. This system began when people first assembled to make a name for themselves at Babel (Gen. 11:1-9). As Christians, we need to make sure that we are not citizens of this Babylon, by laying up treasure on earth, but truly citizens of heaven, by laying up treasure there (cf. Matt. 6:19-21). This chapter should challenge us to evaluate our financial goals and to repudiate selfish living.
"The destruction of the city of Babylon is the final blow to the times of the Gentiles, which began when the Babylonian army attacked Jerusalem in 605 B.C. (cf. Luke 21:24)."615
Following this revelation concerning the destruction of the major religious and commercial systems of the world, God moved John along in his vision. He proceeded from the Great Tribulation (chs. 8-18) to the Second Coming of Jesus Christ (ch. 19), the climax of this book.