Economic Theology - Business Ethics (LINK)
March 16th 2008 20:53
Is there an economic theology? If not, should we have one? Is church just a hobby we do on Sundays?
Too many today are in denial about social justice in the workday. All economics should take in account how the "least of us" are fairing. Too many consumers think the best buys come businesses are more efficient and more productive. If you ask someone is it right for one company to sell under costs just to capture a market from companies who have less money to survive, they most likely will give you a blank look. Today, companies will sell products without a markup just to raise a vast cash flow for speculative investments. Some will do this to show increase in sales for the sake of stock values. Many of these people call themselves Christian with little effect on their conscience saying business is business striking a distance between faith and profit.
Christians and all people of good will should know better and do something about it by doing what is right.
1. First, an economy exists for the person and not the person for the economy. Labor is not a tool of capitalism. However capitalism is a tool for workers to enhance their lives. Economic choices and institutions must be judged on how they succeed in protecting human dignity in the workday.
2. Any standard of judgment should center on how the most vulnerable among us are surviving. If wage slave labor is the "water mark" , Christians or all people of good will have a moral duty to secure just wages, benefits and decent working conditions. When and if workers are displaced, institutions must be ready to find ways for the displaced to regain their place in the work world.
3. Cheaper imports do not provide any advantage if the value of work is degraded. In the U.S. the value of work has been degraded far below the value of the cheaper imports. All in any society, have a right to productive work with just wages and decent working conditions. All have the right to make enough money to support a family and still have someting left over to support the displaced. In the USA, a working poor class has been created and an impoverished working class outside the USA who are making the goods Americans use.
4. Economics if a balancing act. Today capital has taken on an identity all its own outside any balancing. The request for emergency food consistently is breaking records .
5. At the check out counter, consumers are in denial about this. Capital speculation has taken over with consumers still sold that progress is in motion. They are sold that free trade is rasing all levels of live while the opposite is actually happening. This is happening during the greatest period of technical achievement but something terrible has gone wrong. When speculative investment and cash flow becomes divorced from production and labor, the financial world develops a logic of its own. Factory production can be moved from one locality to another without the social economic cost of burn-out societies left behind being considered. For years we have seen the stock market flourish when workers get fired instead of hired.
6. George McGovern who ran for president repeatedly tells how he wished he had some small business experience before he ran for president. Now we have many in government and the academic world who format the workday without ever having hands on experience . There is a strange control by those who have supposedly higher intelligent quotions over those who have less. Those who do the work , supply the goods and service the upper classes have no voice in the process. It is a trap and christians ignore it.
Too many today are in denial about social justice in the workday. All economics should take in account how the "least of us" are fairing. Too many consumers think the best buys come businesses are more efficient and more productive. If you ask someone is it right for one company to sell under costs just to capture a market from companies who have less money to survive, they most likely will give you a blank look. Today, companies will sell products without a markup just to raise a vast cash flow for speculative investments. Some will do this to show increase in sales for the sake of stock values. Many of these people call themselves Christian with little effect on their conscience saying business is business striking a distance between faith and profit.
Christians and all people of good will should know better and do something about it by doing what is right.
1. First, an economy exists for the person and not the person for the economy. Labor is not a tool of capitalism. However capitalism is a tool for workers to enhance their lives. Economic choices and institutions must be judged on how they succeed in protecting human dignity in the workday.
2. Any standard of judgment should center on how the most vulnerable among us are surviving. If wage slave labor is the "water mark" , Christians or all people of good will have a moral duty to secure just wages, benefits and decent working conditions. When and if workers are displaced, institutions must be ready to find ways for the displaced to regain their place in the work world.
3. Cheaper imports do not provide any advantage if the value of work is degraded. In the U.S. the value of work has been degraded far below the value of the cheaper imports. All in any society, have a right to productive work with just wages and decent working conditions. All have the right to make enough money to support a family and still have someting left over to support the displaced. In the USA, a working poor class has been created and an impoverished working class outside the USA who are making the goods Americans use.
4. Economics if a balancing act. Today capital has taken on an identity all its own outside any balancing. The request for emergency food consistently is breaking records .
5. At the check out counter, consumers are in denial about this. Capital speculation has taken over with consumers still sold that progress is in motion. They are sold that free trade is rasing all levels of live while the opposite is actually happening. This is happening during the greatest period of technical achievement but something terrible has gone wrong. When speculative investment and cash flow becomes divorced from production and labor, the financial world develops a logic of its own. Factory production can be moved from one locality to another without the social economic cost of burn-out societies left behind being considered. For years we have seen the stock market flourish when workers get fired instead of hired.
6. George McGovern who ran for president repeatedly tells how he wished he had some small business experience before he ran for president. Now we have many in government and the academic world who format the workday without ever having hands on experience . There is a strange control by those who have supposedly higher intelligent quotions over those who have less. Those who do the work , supply the goods and service the upper classes have no voice in the process. It is a trap and christians ignore it.
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