God's Economics (Ebook Shorts): Principles for Fixing Our Financial Crisis
By Jim Wallis
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About this ebook
Jim Wallis shows that God requires a different kind of economy--both globally and domestically--and provides principles that should guide economic policy matters, including clarity, transparency, accountability, and protecting the common good against private greed. Our financial institutions require real reform, but so do our own economic choices, desires, and demands, for they have far-reaching consequences. Wallis explores things we can all do to help fix the financial crisis and suggests making "Ten Personal Decisions for the Common Good."
This is a selection from The (Un)Common Good: How the Gospel Brings Hope to a World Divided.
Jim Wallis
Jim Wallis is the author of the New York Times bestseller God's Politics, which electrified Americans disenchanted with how the Right had co-opted all talk about integrating religious values into our politics by offering an alternative voice. Wallis is a leading figure at the crossroads of religion and politics in America today, the author of eight books, and the founder of Sojourners, a global faith and justice network. He is a public theologian, an internationally renowned speaker and preacher, a faith-based activist, husband, and father to two young boys, and a Little League baseball coach.
Read more from Jim Wallis
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God's Economics (Ebook Shorts) - Jim Wallis
© 2013 by Jim Wallis
Published by Brazos Press
a division of Baker Publishing Group
P.O. Box 6287, Grand Rapids, MI 49516–6287
www.brazospress.com
Excerpted from On God’s Side: What Religion Forgets and Politics Hasn’t Learned about Serving the Common Good
Ebook edition created 2013
ISBN 978-1-4412-4598-4
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means—for example, electronic, photocopy, recording—without the prior written permission of the publisher. The only exception is brief quotations in printed reviews.
Scripture quotations are from the New Revised Standard Version of the Bible, copyright © 1989, by the Division of Christian Education of the National Council of the Churches of Christ in the United States of America. Used by permission. All rights reserved.
Contents
Cover
Title Page
Copyright Page
God’s Economics: Principles for Fixing Our Financial Crisis
Epilogue: Ten Personal Decisions for the Common Good
Notes
About the Author
Back Ad
Back Cover
God’s Economics: Principles for Fixing Our Financial Crisis
The truth is that the economic and social order isn’t a self-contained affair, separate from actual human decisions about what is good and desirable. Certain kinds of political and economic decisions have the effect of threatening the possibilities for full humanity.
—Archbishop of Canterbury Rowan Williams[1]
"To be generically against markets, says Indian economist Amartya Sen,
would be almost as odd as being generically against conversations between people."[2] The market produces continual conversations, interactions, and transactions about economics. As a mere mechanism, the market is amoral. But the events of the last few years and the consequences of the Great Recession the world has experienced are now demanding a new moral conversation about the market and how it should operate—which individual human beings make moral decisions about every day. Or as I asked of a plenary session at the 2009 World Economic Forum in Davos, Switzerland, right after the 2008 global financial meltdown, What happens when the invisible hand lets go of the common good?
Adam Smith, who wrote famously in his Wealth of Nations about the invisible hand
of the market, wrote earlier in his book The Theory of Moral Sentiments concerning what happens when economics forgets ethics. Smith said capitalism can’t