Category: Business and Society

Jordan J. Ballor
posted by on Wednesday, March 20, 2013

Joseph Sunde’s fine post today on vocation examines the dynamic between work and toil, the former corresponding to God’s creational ordinance and the latter referring to the corruption of that ordinance in light of the Fall into sin.

Read the whole thing.

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Joseph employs a distinction between “needs-based” work and something else, something privileged, a first-world kind of “fulfilling” work. The point DeKoster makes is right on target; we need to, in Bonhoeffer’s words, break through from the “it” of the work to the “you” (ultimately the divine “You”) that we meet in the work itself.

The discussions of these kinds of distinctions between “hard” work and “head” work have a long pedigree. There was a philosophical dispute running throughout the ancient and medieval eras about the value of the active versus the contemplative life. But I’d like to highlight a more proximate antecedent for some of this thinking, the British controversialist and critic John Ruskin (1819-1900).

Read more on Rough Work Must Be Done…

In this week’s Acton Commentary, “A Passion for Government Leads to Neglect of Our Neighbor,” I examine how the disconnect between desires and deeds with reference to helping the needy among us perpetuates unbalanced budgets and spending on debt to the detriment of future generations. I highlight how St. John the Baptist came to “turn the hearts of fathers to their children” (Luke 1:17) by exhorting people to look to their neighbors and the small but practical ways they can serve them in love:

During his ministry, John’s message to everyday people, according to Luke, was remarkably simple: “He who has two tunics, let him give to him who has none; and he who has food, let him do likewise.” To the tax collector, he warns not to take more than is due, and to the soldier his counsel is “be content with your wages” (cf. Luke 3:10-14). This was “the way of the Lord”?

I conclude by recommending the same for us today. The problem is not that people do not care, it is that we have forgotten with whom responsibility for the work of caring for the needy among us lies first of all. Read more on How Bearing Each Other’s Burdens Can Lighten Our Burden of Debt…

Taking a look at these videos will give you a pretty good idea of what the Duck Commander’s mission is. You’ll see how the popular A&E series Duck Dynasty, focusing on the lives of the Duck Commander products, embodies a vision of business as mission on a variety of levels. As Phil puts it, “we all are preachers.”

Read more on The Duck Commander’s Business as Mission…

mass_design_groupIn a recent issue of Metropolis Magazine, Thomas de Monchaux tells the story of an amazing lesson about innovation that Americans can learn from Rwandans. This is no surprise, but readers will learn that burdensome government regulations stifle innovation and undermine human flourishing.

De Monchaux recounts the story of Michael Murphy, executive director and co-founder of the Boston-based MASS Design Group, and Alan Ricks, MASS cofounder and COO, attempting to take what they learned from building health care facilitates and hospitals in Rwanda, with minimal building code regulations, and bringing that knowledge to building in the United States. He describes the project in Butaro, Rwanda this way:
Read more on Architecture, Human Flourishing, and Health Care…

Anthony Bradley
posted by on Friday, March 1, 2013

I have yet to read a moral argument for why the taxes collected from working men and women should be redistributed to businesses. It’s called “corporate welfare.” This is the odd state of affairs where, business owners compete for government funding rather than exclusively competing for customers in the marketplace. In fact, many of the biggest recipients of corporate welfare are the same businesses that hire high-priced lobbyists to help write laws in Congress that protect them from competition. Why, then, do voters turn a blind eye to corporate welfare?

Bloomberg.com reports that:
Read more on Corporate Welfare: Why?…

I have recently accepted the honor of becoming a contributing editor at Ethika Politika, and I begin my contribution in that role today by launching a new channel (=magazine section): Via Vitae, “the way of life.” In my introductory article, “What Hath Athos to Do With New Jersey?” I summarize the goal of Via Vitae as follows:

Read more on Seeking the Meeting Point Between the Kingdom of God and the Common Good…

Family, church, and school are the three basic people-forming institutions, notes Patrick Fagan, and they produce the best results—including economic and political ones—when they cooperate.

Even if all the market reforms of the Washington think tanks, the Wall Street Journal, and Forbes Magazine were enacted, we’d still need to kiss the Great American Economy goodbye. Below the level of economic policy lies a society that is producing fewer people capable of hard work, especially married men with children. As the retreat from marriage continues apace, there are fewer and fewer of these men, resulting in a slowly, permanently decelerating economy.

Read more on The Wealth of Nations Depends on the Health of Families…

Joe Carter
posted by on Thursday, February 21, 2013

“[He] belongs more in an insane asylum than at the head of a multinational corporation.”

beret-on-cowboyThat was the reaction by a French union official to an amusingly harsh letter by Maurice Taylor, chief executive of tire maker Titan. Taylor was initially interested in buying the French tire factory, which is facing closure following five years of unsuccessful negotiations with unions to enhance its competitiveness. However, after visiting the plant three times, he wrote a letter to France’s industry minister Arnaud Montebourg, saying: “Sir, you would like to open discussions with Titan. You think we’re that stupid?”

Taylor says the plant’s 1,173 workers “have one hour for their lunch, they talk for three hours and they work for three hours. I said this directly to their union leaders; they replied that’s the way it is in France.” The Titan CEO added:

“Titan has money and the know-how to produce tyres. What does the crazy union have? It has the French government. The French farmer wants cheap tyres. He doesn’t care if those tyres come from China or India and these governments are subsidising them. Your government doesn’t care either: ‘We’re French!’

Titan is going to buy a Chinese tyre company or an Indian one, pay less than one euro per hour wage and ship all the tyres France needs. You can keep the so-called workers.

Taylor isn’t exaggerating the problems caused by French unions. In his new book, Becoming Europe, Acton’s Director of Research Samuel Gregg writes,
Read more on Like Putting a Beret on a Cowboy…

Jordan J. Ballor
posted by on Tuesday, February 19, 2013

My friend John Teevan of Grace College sends out a monthly newsletter, “Economic Prospect.” He passes along this in the current edition:

I found this note from a newly retired accountant (age 66) who has not gone on social security yet. His income as a part-time accountant in his town was $60,000.

Read more on Toiling for Pharaoh…

In 1978, John Mackey was 25-year-old college dropout who believed that democratic socialism was a more “just” economic system than democratic capitalism. But his views soon changed after he and his girlfriend borrowed $45,000 from family and friends to open a small vegetarian grocery store in Austin, Texas. Although he was only earning $200 a month from his struggling business, his friends on the left viewed him as a “capitalistic exploiter” who was overcharging his customers and exploiting his workers.

jmackeyIn a nutshell the economic system of democratic socialism was no longer intellectually satisfying to me and I began to look around for more robust theories which would better explain business, economics, and society. Somehow or another I stumbled on to the works of Mises, Hayek, and Friedman, and had a complete revolution in my world view. The more I read, studied, and thought about economics and capitalism, the more I came to realize that capitalism had been misunderstood and unfairly attacked by the left. In fact, democratic capitalism remains by far the best way to organize society to create prosperity, growth, freedom, self-actualization, and even equality.

Mackey’s small store morphed into Whole Foods Market, which now has 345 stores and $4 billion in annual sales, but he’s still an advocate of free markets who believes that capitalism is misunderstood. In a recent speech Mackey claimed that, “capitalism has a serious branding problem . . . the recent recession was . . . blamed on greedy financial corporations, deregulation, and capitalism—market failures—rather than on bad government regulations and monetary policies—government failures.”
Read more on Conscious Capitalism and the Higher Purpose of Business…

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