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November 25, 2009
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Home > 2008 > DecemberChristianity Today, December, 2008  |   |  
Looking for Moral Capitalism
Let there be accountability for the financial crisis, and let it begin with me.




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It's not a mystery how to turn this trend around. From the beginning, church teachers have realized that the most effective frontal assault on greed begins with generosity. Paul lifts up the Macedonian Christians as an example: "Out of the most severe trial, their overflowing joy and their extreme poverty welled up in rich generosity" (2 Cor. 8:2).

Generosity will not be easy for those of us who have incurred a fair amount of debt. Dave Travis, managing director of the Leadership Network, says church income is down in regions where housing has been especially hard hit. At the same time, over 50 percent of donors in a recent online poll said they are reducing or suspending their giving in response to the crisis.

Nobody said the spiritual discipline of giving would be easy. Then again, scarce times do tend to concentrate the soul. "Economic downturns," Travis says, "always help people discover biblical stewardship." And stewardship begins with the realization that our resources belong to Another. Giving is easier when we remember that it isn't ours.

And living—even in flush times—is freer when we remember the same. The kingdom is not dependent on our money or lack thereof. All through history, even in the toughest of times, churches have ministered in creative and effective ways, with offers of food, clothing, shelter, financial counseling, and other services to those in need.

This crisis, like all crises, is one of God's mysterious ways of getting us back to basics: fresh dependence on the One who taught us to pray, "Give us this day our daily bread," and renewed generosity toward "the least of these."



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Christianity Today has more editorials and a special section on the economic crisis.

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[Reader Reviews]
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Displaying 1 - 3 of 8 comments.See all comments
George T.   Posted: December 17, 2008 9:20 PM
Though I "dislike" this often heard cliche that capitalism is too seriously wounded...I still think that these are the comming times. Not so much materialism----MORE HUMANISM---MORE OF CHRIST'S TEACHING INTO OUR LIVES. It is practical,updated and will produce happiness "figures"instead of "sales/GDP" statistics.

JohnS   Posted: December 17, 2008 3:17 PM
The problem is not with capitalism per se, it is with unregulated capitalism that becomes the law of the jungle where might makes right and those on the top make the rules to solidify their position at the expense of everyone else. Ayn Rand is right that people should be responsible for themselves and not leech off others, but she (and many modern Rush Limbaugh Republicans) take it to an absurd extreme that if you're at the top you made it there purely on merit and those on the bottom are all slackers. Malcolm Gladwell's new book, "Outlier," puts the lie to that assumption. John Paul II (and Benedict) had the right idea that socialims and communism are not the answer, but neither is free-wheeling Gordon Gecko capitalism. The profit motive must be tempered with morality and charity, that dying with the most toys is not the measure of a man, that providing for yourself and your family, even with great wealth, must be done honorably. Capitalism is best but must be regulated.

Bart Wang   Posted: December 17, 2008 11:08 AM
Oh John, remember the rest of the Bible. Read up on the context of those verses. You've selected one of the few areas that can be (mis)interpreted to suggest we take care of ourselves alone. Funny, that's not the community Jesus lived in or developed among His followers. I'm all for being responsible (I'm among the top 1% of the world's wealthiest people as you might be - check www.globalrichlist.com) and have done well, financially-speaking. But it is the task and joy of Christ to assist those, regardless of their plight. Does Jesus continue to bless us even though we are irresponsible and make bad decisions? Or does He say, 'You're on your own, you foolish people. No more good things from God for you!'? The former, I have no question. Deuteronomy 15:7 “If there is a poor man among your brothers in any of the towns of the land that the LORD your God is giving you, do not be hardhearted or tightfisted toward your poor brother.”

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