Posts tagged with: Business/Finance

Jordan J. Ballor
posted by on Monday, September 10, 2012

I thought this piece in BusinessWeek last month from Mark Oppenheimer was very well done, “The Rise of the Corporate Chaplain.” I think it profiles an important and under-appreciated phenomenon in the American commercial sphere. One side of the picture is that this is a laudable development, since it shows that employers are increasingly aware that their employees are not merely meat machines, automata whose value is only to be calculated in terms of material concerns, and that spiritual matters cannot simply be ignored or factored in as a variable included in the cost of doing business.

But this rise in corporate chaplaincy also reminds me of the comment by Walter Rauschenbusch (noted in this recent article from Hunter Baker) that “business life is the unregenerate section of our social order.”

If by some magic it could be plucked out of our total social life in all its raw selfishness, and isolated on an island, unmitigated by any other factors of our life, that island would immediately become the object of a great foreign mission crusade for all Christendom.

Read more on Commercializing Chaplaincy…

Andrew Knot
posted by on Wednesday, August 8, 2012

French President François Hollande has promised a 75% tax rate on those in his country who earn an annual salary above one million euros ($1.24 million). Not surprisingly, this number has struck fear into the hearts and wallets of quite a few of France’s top earners, including some who are contemplating leaving and taking their jobs with them. The New York Times has the story:

Read more on Hollande’s ‘Idol of Egalité’…

Michelle Hornak
posted by on Tuesday, May 8, 2012

Is ‘fair’ trade really more fair or more just than free trade? Does fair trade create an unfair advantage that hurts the poor more than it helps? There are two different opportunities over the next few days where you can have the chance to explore this topic further.

Read more on Victor Claar on Trade…

Jordan J. Ballor
posted by on Tuesday, April 17, 2012

Work: The Meaning of Your Life“When conducting Business as Mission, the primary purpose has to be to expand the Kingdom of God,” said Joseph Vijayam, founder and managing director of Olive Technology, a Colorado Springs-based information technology services provider. “Profits and an increase of shareholder wealth are an important result of a solid business that is well executed and are essential for the survival of any business, but they need not become the very purpose for existence.”

Vijayam invites Christian business leaders to reflect on the place of profits in the context of Tax Day here in the US: “I am not challenging business owners to stop making profits, but instead to look at those profits in a completely new way.”

In a piece for Comment magazine last year, “Reforming Economics,” I argued, “For too long a view has held dominance that has portrayed profit as a purpose or end, rather than as a means or a consequence. That is to say, the pursuit of profit is acceptable when it is couched within the broader framework of and constrained by the norm of service of others.”
Read more on Profits, Service, and Tax Day…

On National Review Online, Acton Research Director Samuel Gregg reviews a new document from the Vatican’s Pontifical Council for Justice and Peace titled, “The Vocation of the Christian Business Leader.” This follows the PCJP’s controversial “note” on the global financial system issued in October. Gregg says the “Business Leader” document:

Read more on Samuel Gregg: In Praise of Business — A New ‘Note’ from Justice and Peace…

Joe Carter
posted by on Wednesday, March 21, 2012

As I mentioned in my previous post, the Business as Mission (BAM) model has become a global phenomenon. As more Christians embrace BAM it is not only changing the lives of individual Christians but is helping to change, as Daniel Devadatta explains, the culture of business in India:
Read more on An Indian Perspective on Business as Mission…

Joe Carter
posted by on Wednesday, March 21, 2012

Over the past decade the model of Business as Mission (BAM) has grown into a globally influential movement. As Christianity Today wrote in 2007, the phenomenon has many labels: “kingdom business,” “kingdom companies,” “for-profit missions,” “marketplace missions,” and “Great Commission companies,” to name a few.

But as Swedish business consultant Mats Tunehag notes, Business as Mission is not a new discovery—it is a rediscovery of Biblical truths and practices.
Read more on The Mission of Business…

Acton’s director of research Samuel Gregg is up at Public Discourse, with a piece titled “Monetary Possibilities for a Post-Euro Europe.” With his usual mix of sophisticated economic analysis and reference to deep principles, Gregg considers European countries’ options should the eurozone fail. If that happens, he says, “European governments will have a once-in-a-lifetime opportunity to rethink the type of monetary order they wish to embrace.”

Read more on Samuel Gregg: Freedom in a Post-Euro Europe…

Jordan J. Ballor
posted by on Tuesday, November 22, 2011

It seems that the supercommittee (the US Congress Joint Select Committee on Defict Reduction) has failed to agree on $1.5 trillion in cuts over the next decade. In lieu of this “failure,” automatic cuts of $1.2 trillion will kick in. These cuts will be across the board, and will not result from the committee’s picking of winners and losers in the federal budget.

Read more on A Failure to Govern?…

Kenneth Spence
posted by on Friday, November 11, 2011

Last week the Acton Institute hosted its third annual Chicago Open Mic Night downtown at the University Club. Three panelists answered questions about — you guessed it — economics and a virtuous society from the audience.

Read more on Chicago Open Mic Night…

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