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    God's Economics (Ebook Shorts): Principles for Fixing Our Financial Crisis
    God's Economics (Ebook Shorts): Principles for Fixing Our Financial Crisis
    God's Economics (Ebook Shorts): Principles for Fixing Our Financial Crisis
    Ebook38 pages30 minutes

    God's Economics (Ebook Shorts): Principles for Fixing Our Financial Crisis

    By Jim Wallis

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    About this ebook

    The collapse of financial systems and the resulting economic crisis have caused a growing distrust of the way things operate. Why has the global economy become so unfair, unsustainable, and unstable, with the rich getting richer and the poor getting poorer? A conversation about how the market should operate within a moral framework is needed now more than ever.

    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.
    LanguageEnglish
    PublisherBaker Publishing Group
    Release dateAug 15, 2013
    ISBN9781441245984
    God's Economics (Ebook Shorts): Principles for Fixing Our Financial Crisis
    Author

    Jim Wallis

    Jim Wallis is a bestselling author, public theologian, speaker, and international commentator on ethics and public life. He been named to serve on the White House Advisory Council on Faith-based and Neighborhood Partnerships. His latest book is Rediscovering Values: On Wall Street, Main Street, and Your Street--A Moral Compass for the New Economy. His two previous books, The Great Awakening: Reviving Faith Politics in a Post-Religious Right America and God's Politics: Why the Right Gets It Wrong and the Left Doesn't Get It were both New York Times bestsellers. He is President and CEO of Sojourners; where he is editor-in-chief of Sojourners magazine. Wallis frequently speaks in the United States and abroad.

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      Book preview

      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

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