In chapter 3, Olson describes limited atonement by first stating that all Calvinists accept the penal substitution theory of the atonement, namely that
[T]hey believe... that God punished Jesus for the sins of the people God wanted to save... In other words, Jesus Christ satisfied the justice of God by bearing the deserved punishment of every person God wanted to save. That's what makes them "savable". (pp. 47)
He then goes on to define what limited atonement means:
The limited nature of the atonement... was in its scope and not in its value. It was particularly intended by God for particular people (as opposed to everyone indiscriminately) and it definitely secured or accomplished the salvation of those for whom it was intended - the elect. (pp. 47)
and later, adds this little tidbit:
[M]ost Calvinists deny that God intended the cross for all people, which means, of course, that he does not love everyone in the same way. (pp. 48)
This part of the chapter is where Olson begins to present some material that I'm anxious to hear from Horton's (pro-Calvinist) point of view. Olson gives a short summary of how Calvinists explain the various benefits received by the elect and non-elect, especially in light of the "all" passages in scripture. Olson describes how Calvinists claim (as in the quote above) that God loves everybody, but not in the same way. So Christ died for the sins of the elect, but not the sins of the reprobate. Christ's death benefits the non-elect in a more general way, like in the rising of the sun (Matthew 5:45). The "all" passages in scripture are said to apply to the non-elect in this more general way.
Olson puts it like this:
Olson will rebut this more completely in chapter 6, but here he simply states that these passages, all of which indeed talk bout Jesus dying for "his people" do not necessarily exclude the possibility of Jesus dying for others. He continues:
I'm sure Horton will present this argument more elegantly, but to me this claim just reeks of BS. Combine this with the divine picture that emerges when God is charged with sending people to hell "for his good pleasure", and the "T" in TULIP becomes the most problematic, at least for me.
Olson puts it like this:
On the basis of what Scriptures do Calvinists affirm limited atonement? ... Boettner, Sproul, Piper and others point to passages such as John 10:15; 11:51-52; and 17:6, 9 19, in which Jesus says things such as "I lay down my life for the sheep."
Olson will rebut this more completely in chapter 6, but here he simply states that these passages, all of which indeed talk bout Jesus dying for "his people" do not necessarily exclude the possibility of Jesus dying for others. He continues:
In fact, 1 John 2:2 clearly states that he, Jesus, is the atonement for the sins of the whole world. Piper and others claim this refers to the children of God scattered throughout the world and not everyone. (pp. 50)
I'm sure Horton will present this argument more elegantly, but to me this claim just reeks of BS. Combine this with the divine picture that emerges when God is charged with sending people to hell "for his good pleasure", and the "T" in TULIP becomes the most problematic, at least for me.