The Gospel Coalition offers this wonderful article by Matthew Barrett, founder and executive editor of Credo Magazine, on this Reformation Day.
Does Reformation theology matter today? Absolutely. It is tempting to think of the Reformation as a mere political or social movement. In reality, however, the Reformation was a fight over the gospel itself. The reformers argued that God’s free and gracious acceptance of guilty sinners on the basis of the work of Christ alone is at the heart of the gospel. While the political and social context has changed since the 16th century, nevertheless, this issue remains at the forefront. Much could be said as to why, but here are two reasons as to why the Reformation matters today.
While many other challenges to Reformation theology could be identified, these two examples sufficiently demonstrate that Reformation theology continues to be at the center of discussion. Many younger evangelicals are embracing Reformation theology today. But the challenge we will face lies in how to defend Reformation theology to light of new ideologies that seek to undermine its credibility. I believe that the linchpin in the effort to defend and apply Reformation theology today can be found in the simple truth made so clear by Luther himself—namely, that the gospel itself is at stake, just as it was in the 16th century. To abandon Reformation theology is to abandon the gospel.