This is taken from Justification and Union with Christ by Phillip Ryken.N. T. Wright insists that if we maintain the imputation of righteousness in this verse then “we must also be prepared to talk of the imputed wisdom of Christ; the imputed sanctification of Christ; and the imputed redemption of Christ.”
This does not follow, however. Paul is simply listing the several benefits of our union with Christ, each of which bears its own connection to his saving work. We receive sanctification by the Spirit setting us apart for the holy service of God. We receive redemption by the purchase of blood. How then do we receive righteousness? To be more specific, How do we receive Christ’s righteousness? (for that is the righteousness in view). It is clear from the context that we receive this righteousness from God himself. And it is clear from other places in Paul that this righteousness is not something God works into us by infusion, but something he imputes to us on the basis of faith. All of that is not fully spelled out here in 1 Corinthians 1. What is spelled out, however, is that we have possession of the very righteousness of Christ
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