Posts tagged with: warren buffet

John Couretas
posted by on Thursday, August 25, 2011

Commenting on Warren Buffet’s call to raise taxes on the “mega-rich,” North Carolina Minister Andrew Daugherty says this on Associated Baptist Press (HT: RealClearReligion):

Unlike some of our political leaders and media pundits, the gospel does not make false distinctions between the “makers” and the “takers,” the deserving and the undeserving or the hard-working and the hardly-working. Instead, we are told that the first Christians had all things in common. They would sell their possessions and goods and distribute the proceeds to all, as any had need. In other words, no person had too little and no person had too much, whether or not their means were greater or lesser. Applied to our capitalist society, this is a dubious economic philosophy. Applied as a compassionate ethic, it supplies a model of shared sacrifice that Buffett calls for in our taxation system.

Read more on Proto-Marxists in Acts of the Apostles?…

Jonathan Spalink
posted by on Wednesday, July 12, 2006

Philanthropy, for all its good intentions, does not necessarily imply a personal connection with the needy person. It can and often does, but it doesn’t have to. Philanthropy is the more institutional, “big-picture” cousin of charity, which is the personal and direct connection to those in need. Andrew Carnegie building hundreds of libraries with the wealth he made in the steel industry, and being celebrated for it to this day, is philanthropy. Your Aunt Evelyn volunteering at the local church-operated hospice and sending the facility an annual donation of $150, in perfect anonymity, is charity.

Read more on Charity vs. Philanthropy…

Jonathan Spalink
posted by on Wednesday, July 12, 2006

It is one thing to create wealth by using our gifts. This is a matter of knowledge. It is quite a different thing to know what to do with the wealth that has been created. That is where wisdom comes into the picture. Rev. Zandstra, a Senior Fellow with the Acton Institute, examines Warren Buffett’s recent gift of $31 billion to the Bill and Melinda Gates Foundation and offers words of hope that the Gates Foundation can use this wealth with wisdom, making a difference in the lives of those they seek to help.

Read more on Buffett, Gates, and Stewardship…

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