Q. Can you explain the two covenant theology and how it ties to classic dispensationalism? I have heard this mentioned several times, and not sure I clearly understand the implications.
A. Two (or dual) covenant theology maintains that God’s covenant with the Jews is different than the one He gave the Gentiles and makes it unnecessary for them to receive Jesus as their Messiah to be saved. It makes this claim even though Jesus came to Israel, fulfilled Jewish Messianic prophecies, and presented Himself as Israel’s King and Redeemer.
Dispensationalism teaches that God has approached man in several ways to effect a reconciliation between Himself and His creation. One of those ways was through the Nation of Israel. All these attempts have failed due to man’s inability to keep his part of the deal. He couldn’t stop sinning and He couldn’t pay the debt his sinning had accumulated. Finally God came Himself in the form of a man to fulfill man’s obligation.
As you can see, Jesus is an indispensable component of man’s salvation, whether Jew or Gentile. There’s no place in dispensationalism for a means of salvation that doesn’t include Jesus, no matter who it’s for, so dispensationalism is incompatible with dual covenant theology.