Money, Greed, and God: Chapter 4

So it has become pretty clear to me that posting to this blog once a week is not realistic given my erratic schedule. I’ll still try to stay fairly consistent, but things might come up like they did between this post and the last.

On a related note, I’m looking for people who might be interested in writing a guest post. If you write it, and I publish it, you can have a short description of yourself at the bottom including a link to your blog/website. You can also put any links in that are relevant to the article. I won’t remove affiliate links, as long as they’re not scammy, and everything makes sense. I’d appreciate if you’re recommending good products if you’re using affiliate links, though. I don’t want to ruin my readers’ trust in this website. The articles have to be related to the content of this blog and DefendingChrist.com. I may make some small edits for space, accuracy, etc. This will help me stay more consistent.

So anyway, back to the book…
Money Greed and God - link to amazon page

If I Become Rich, Won’t Someone else Become Poor?

The Materialist Myth (believing that wealth isn’t created, it’s simply transferred)

In this chapter, Richards argues that “at the very heart of economics…is a reality that exists not in material objects but in our individual and collective minds.” He points out that wealth (or capital) is not a material thing that is simply re-allocated in a fixed pie, but is instead immaterial and can be created in an economy. He traces, as an example, the agricultural industry from the beginning of man. We were hunters and gatherers until a few thousand years ago, when we “began to domesticate sheep and cattle and to cultivate plants like wheat and barley.” Through the years, technology has made it easier and easier for “fewer people [to] produce more with less land.” Now, “the state of California could…grow enough to feed the planet.” Once food was more readily available, and people didn’t have to grow it themselves, they were more free to pursue art, music, philosophy, literature, and the development of more technology.

Later in the chapter, Richards discusses the concept of trying to reduce the gap between the rich and poor. He cites arguments about the wealthy being able to “wield far too much power over the political process,” and reasons through some possible solutions. The most common of these solutions is for the government to tax the rich disproportionately, and redistribute that wealth to the poor. Richards argues that this solution would give the government far more power than the rich would ever have, concentrating a vast amount of power to very few people. So, in other words, it doesn’t solve the problem, it just moves (and possibly increases) it.

Richards concludes the chapter by restating the problem of poverty. He argues that the problem isn’t that some people are rich and others are poor any more than the problem of disease is that some people are healthy and others are diseased. Instead, the problem is simply that some people are poor. I would argue that we as Christians (particularly we affluent American Christians) should be working hard to fix that problem rather than delegating our moral duty to the government. For some information on how to do this, you can visit RememberThePoor.

Money, Greed, and God: Chapter 3

Sorry this post has taken so long. It has been a busy summer. For those who haven’t found the DefendingChrist.com facebook page yet, I have been linking to articles by Jay Richards lately. The most recent one is titled “Can the Government Eliminate Poverty?” Anyway, back to the book…

Doesn’t Capitalism Foster Unfair Competition?

Money Greed and God - link to amazon page
The first half of this chapter describes a game that Richards played once in sixth grade, and explains seven important economic lessons that can be learned from the game.

  1. Trading freely can add value, even though the traded items remain physically unchanged.
  2. Normally when trading freely, the more trading partners there are, the better.
  3. A free exchange is a win-win game.
  4. The game is win-win because of the rules set up beforehand.
  5. Scarcity is almost always real.
  6. Opportunity costs.
  7. Economic value is in the eye of the beholder.

Richards seems to elaborate on lesson 7 more than the others, though they are all somewhat related, so it’s hard to tell when he stops talking about that and starts talking about all seven lessons as a whole. I think the basic point he’s trying to make, though, is that the value of something is not determined by the cost of producing it. It is determined by what people are willing to pay for it. He uses the hypothetical example of two newly constructed houses to drive the point home. One house was built by ten laborers in twelve months. This house is pink, and located near a landfill. The other house (which is yellow) was built by three men in one month. All laborers were paid the same amount, and the houses are identical except for color and location. In this case, the yellow house turns out to be worth more than the pink house, even though it cost far less to build.

The truth is that this sort of thing happens all the time in the real world. At my own job on the assembly line at Ford, the company loses thousands of dollars every minute the line is stopped at a time it should be running (due to a broken tool, malfunctioning equipment, quality or safety issue, etc.). So in some cases, it may cost more to make a stripped down F150 with hand-crank windows and manual locks than it usually does to make the beefed-up SVT model. In the market, people still won’t pay $38,515 for a single-cab truck that doesn’t even have air conditioning. When I was reading the chapter, I thought this was pretty basic, and didn’t understand why he felt the need to spend so much time on it. However, since then, I’ve started noticing different statements that tell me otherwise. For instance, at work, I hear people complain that Ford charges so much for these trucks. They make almost $12,000 profit on some of them! These people clearly don’t realize that the trucks are worth that much. If they weren’t, people wouldn’t buy them for that price, and Ford wouldn’t make any profit on them.

Myth no. 3: The Zero-Sum Game Myth (believing that trade requires a winner and a loser)

The rest of the chapter discusses the perception that capitalism fosters an unfair situation in which someone wins at the expense of someone else losing. Capitalism, argues Richards, is the only economic system in which a win-win is possible. To be fair, the win-win is not between two different companies competing for the same business. It is between the seller and the buyer. See, when two people freely trade, they both get something they want more than what they’re giving up. In an economy where this happens, a company will strive to increase the value of their products so they can sell more. This, in turn, begins to increase the standard of living for the people involved in such an economy.

Money, Greed and God: Chapter 2

What Would Jesus Do?

Money Greed and God - link to amazon page

So Richards spends the first two pages of this chapter making a solid case that “God’s concern for the poor isn’t some sidelight. It follows straight from what Jesus tells us are the two greatest commandments.” He then points out that “for any follower of Jesus…that we should care for and help the poor is not the question. The question is, How do we do it?”

Richards argues that good intentions do not take the place of doing things right. In other words, “A pilot’s caring deeply for his passengers and wanting to land a plane safely are no substitute for his learning how to actually land planes safely.” So Richards argues that we should exercise prudence, which he defines as “to know what the world is really like, and act accordingly. While we can’t predict all of the unintended consequences of our actions relating to economics, we can anticipate a lot of them.

Richards goes on to discuss four Christian-supported policies (Living Wage, Fair Trade, Foreign Aid, and Government Run Welfare) that were “long on compassion but short on prudence.” Then he finishes the chapter with a section on the size of government titled “How Big is Too Big?” In this section, he argues that the burden of proof should lie with the people arguing that we should increase the size of government.

Safetyweb.com LLC

The .xxx Domain Names

I’m taking a break from the book, today, to talk about an important issue.  On Friday, ICANN announced that they would allow the creation of a .xxx top level domain name. People have been campaigning for this for quite some time. The idea is that the internet will have a sort of red light district, and all parents need to do is block all websites that end in .xxx to protect their children from adult content. I think this would be a good idea, except for one problem.

As it stands right now, there is no incentive for people to give up their .com for a .xxx domain name. Unless that changes, all this does is open up more domain names for pornographic websites. In other words, it makes the problem worse, rather than better.

To give you an idea of how bad the problem already is, I have a few statistics for you:

  • As of 2003, there were 1.3 million pornographic websites.
  • According to the London School of Economics, 9 out of 10 children between 8 and 16 years old have viewed pornography on the internet.
  • According to the American Academy of Matrimonial Lawyers, the internet was a significant factor in 2 out of 3 divorces in 2003.
  • According to the U.S. Department of Justice, 1 out of 5 children between 10 and 17 years old receives unwanted sexual solicitations.

So, on Friday, when I was going to type a reflection on chapter two, I chose instead to stay up until 11:30 researching adult content blockers, even though I had to be at work at 6:00 on Saturday, and I was driving up to Frankenmuth on Saturday night (That was a long day, but I had a good time in Frankenmuth). Anyway, I’ve found two different applications that can be used to protect your family.

  1. SafetyWeb is the market leader in online safety for kids. With no software to download, you can keep track of your child’s interactions on the internet to help prevent sexual solicitations and such.
  2. MyPornBlocker seems to be a pretty popular piece of software for blocking adult content. They also offer a money back guarantee.

Hope this has been helpful. I’ll return to reviewing the book next week.

Safetyweb.com LLC

Money, Greed, and God – Chapter 1

Can’t We Build a Just Society?
Myth no. 1: The Nirvana Myth (contrasting capitalism with an unrealizable ideal rather than with its live alternatives)

So, Richards gives more of his story in this chapter. He was raised in a conservative Texas town, and had a somewhat liberal youth pastor. By the time he graduated high school, he felt like he had a moral obligation to rebel against the conservative authorities in the area.

In College, he took a class in which he was required to read The Communist Manifesto by Karl Marx and Friedrich Engels, and Democracy for the Few by Michael Parenti. He left the course believing that “the only way to balance the scales was for the national wealth to be owned and controlled by the people as a whole.”

The rest of the chapter is a lesson in history as it relates to the fall of communism. It’s interesting to see that, contrary to Marx’s predictions, communism was never the result of a popular uprising. Instead, every communist revolution in the 20th century was imposed on the many, by a small group of politicians. It was also interesting to see the death toll by communist regimes in the 20th century: China topping the charts at 65 million.

Richards moves into the conclusion with a brief explanation of why he thinks communism failed: “Instead of starting with man as he really is, communists sought to create their ideal man in an ideal society.” As for the question (Can’t we build a just society?), he argues that Christ one day will, when he returns to restore his kingdom. Until then, Richards believes that we should strive to have the most just society possible considering our sinful nature.

Money, Greed, and God

I just picked up a book by Jay W. Richards titled Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem. I heard him interviewed, and was intrigued, because until now, the only work of his that I’m familiar with is The Privileged Planet: How Our Place in the Cosmos is Designed for Discovery (also available on DVD, I’d recommend both). Naturally, I wondered how Richards–who has a Ph.D. in philosophy and theology, is a Senior Fellow of the Discovery Institute, and spends a lot of time talking about cosmology–could also be expert enough to write a book about economics. So I picked up a copy, and have started reading it.

So far, I’ve only read the introduction. In it, Richards says some interesting things. As recently as 1985, Richards “had a vaguely Christian and clearly sophomoric infatuation with Marxism.” He then moved on to Democratic Socialism, which “sounded much nicer,” and now believes that capitalism can be “soundly defended on both practical and moral grounds.”

After giving that background, Richards says that “the essence of capitalism is not greed. It’s not even competition, private property, or the pursuit of rational self-interest.” He goes on to say that the reason market economies work is that “they allow wealth to be created, rather than remaining a fixed pie” (emphasis in original). He then says that the reason material wealth can be created is immaterial. “It’s spiritual.” He believes this is a reflection of the imago dei (image of God).

The book is divided up into eight “myths” that Richards believes are the root of “almost every mistake that Christians make in economics.” The myths are as follows:

  1. The Nirvana Myth (contrasting capitalism with an unrealizable ideal rather than with its live alternatives)
  2. The Piety Myth (focusing on our good intentions rather than on the unintended consequences of our actions)
  3. The Zero-Sum Game Myth (believing that trade requires a winner and a loser)
  4. The materialist Myth (believing that wealth isn’t created, it’s simply transferred)
  5. The Greed Myth (believing that the essence of capitalism is greed)
  6. The Usury Myth (believing that working with money is inherently immoral or that charging interest on money is always exploitive)
  7. The Artsy Myth (confusing aesthetic judgments with economic arguments)
  8. Thee Freeze-Frame Myth (believing that things always stay the same–for example, assuming that population trends will continue indefinitely, or treating a current “natural resource” as if it will always be needed)

I’ll do my best to read a chapter a week, and type a short reaction to each one. This will be the first time I do a series of posts on the same topic! I’d love to hear feedback.

Biblical Accounts Are Wonderful Lessons For The Little Ones

Reading bedtime stories to little kids is a custom that will always stay alive and exciting. These stories have a very significant part in building up the personality and values of younger generation and hence, the complete nation. Little kids tend to take their story heroes as their ideals and wish to be just like them. These stories generate, a sense of good and bad in young ones and enhances their character. This is why, it is essential to be very wise while looking for the appropriate stories to read to your kids. These stories should give a message of honesty, valor, obedience, audacity, faith and respect. The greatest book you can get for such stories is the Holy Bible. You can get many Christian books for children that tell the Jesus story and many stories from new and old testament in a very simple and inspiring way.

Of course, there are many other stories in Bible, other than the the Christ’s. One of such stories is the story of Jonah and the big fish. Jonah was a prophet of God who was born in Israel during 780 B.C. At the time of Jonah, there was a powerful evil nation, Assyria. Assyrians, had a strong animosity against Israel. The Lord told Jonah to travel to Nineveh, the capital of Assyrians, where the Ninevites locals were involved in many sinful acts. God told him to preach the Ninevites and ask them to repent and warn them about the consequences of their ignorance.

Yet Jonah was reluctant to go there as it was his enemy nation. Perhaps he wanted them to bear God’s rage or may be he was afraid of getting killed. Instead of heading for Nineveh, Jonah went aginst God’s will and got on a ship that was going to Spain. While he was on his journey to Tarshish, a great storm surrounded the ship and started flipping it wildly. It was a tradition in those days that in case of such storms, the crew used to cast a lot. Who ever the lot fell on was supposed to be the one to blame for the trouble.

The crew of Jonah’s ship planned to cast a lot too and unfortunately the lot fell on Jonah. The crew asked, Jonah about what bad deed he has committed to cause such trouble to all of them. Jonah confesses that he had tried to disobey God’s order and suggests that he should be thrown overboard in order to save everyone else on board. The sailors threw him overboard and the storm calmed down. Before Jonah could drown, God sent a big fish which swallowed Jonah alive. Jonah was protected and alive inside the fish’s stomach. According to the Bible, he stayed there for three days and three nights. He did not whine nor did he fear, instead he prayed all the time and praised his Lord for his generosity, thanked his God for sparing his life.

When passed the three days and three nights, God ordered the fish to spit Jonah out on the land. Jonah now followed God’s order and went to Nineveh where he preached to the people. Surprisingly, the people of Nineveh, along with the King, listened to Jonah and asked for forgiveness. In this way, God brought deliverance upon the Nineveh using Jonah who was not happy with this fact and showed his rage by running away to a distant shelter. Living in rage there, he questioned God why He saved the evil nation. The God replied “But Nineveh has more than 120,000 people living in spiritual darkness, not to mention all the animals. Shouldn’t I feel sorry for such a great city?” (Jonah 4:11 NLT) The story of Jonah, hence, is one amazing story about obedience and God’s kindness upon his people. It definitely teaches us a lesson about conforming to God’s order and not questioning His will.

Christians are Bad Customers!

I’ve been aware of this problem for some time, but something brought it to my attention recently. In the restaurant business, Christians are perceived to be the worst people to wait on. Waiters and waitresses don’t like the “after church” crowd, because they treat them worse, and tip them lower. Imagine working on a Sunday and getting paid less to work harder. I’ve always strived to overcome this stereotype, and bring it to the attention of my friends, but recently something made me angry.

A local radio talk show host was talking about this, and mentioned a waitress who was given a 7% tip and a religious tract! I wish those people hadn’t let the waitress know that they were Christians. If you’re going to leave religious propaganda, the least you could do is leave a good tip. These people wasted their money on that tract, because they effectively drove a person FURTHER AWAY from Christ with their poor behavior. When I heard this, I was so angry I had to pull my car over to calm down.

I shouldn’t have to do this, but I have decided to give a lesson in restaurant etiquette. A standard tip is 15% of the total bill. If you have coupons or the waiter/waitress gives you something for free, the tip is 15% of what the bill would have been if you paid full price. In any tipping restaurant, less than 15% is considered an insult. In a fancy restaurant, a waiter/waitress may feel insulted with 15%. If you’re eating gourmet food in a restaurant with nice ambience, 20% is a better way to go. I think it’s best for a Christian to go 20% or better at every restaurant. If people are going to have a stereotype of us, it should be that we are generous, not stingy. The reason tipping is a big deal, is that waiters and waitresses usually make less than minimum wage, and the tips are supposed to cover the difference. If you tip poorly, you may be the reason someone is only making minimum wage.

When it comes to how we treat the waiter/waitress, this is often an innocent problem. We often go out with friends after Church, and we get talking. This is fine, but it is considered rude to continue talking and changing seats while the waiter/waitress is taking your order. Try to be mindful, and if you make this mistake, make sure it is reflected in your tip.

Is America Falling Short?

I’m studying John Piper’s Don’t Waste Your Life in a Bible study. We recently went through the chapter on world missions. This chapter is specifically about missions outside the country. Piper contends that missions is an important part of Christian life, and that every Christian should be contributing to it in some way (such as training missionaries, becoming missionaries, financially supporting missionaries, etc.). He also points out that Americans are doing this less and less.

As I thought about it, I realized that I do very little to support world missions. Others in the Bible study seemed to feel the same way, and on further reflection, I realized that this is an alarming trend. Many churches don’t have any missionaries they support, and I’ve even heard of entire denominations that have stopped sending out missionaries, or worse, pulled the missionaries that were already in the field!

Over the course of the discussion, someone mentioned that America is specifically gifted for world missions. With our wealth, multicultural environment, higher education, and the fact that most Americans consider themselves Christians, we are perfectly set to send well educated people to other countries (often the countries of their ancestors) with the good news of Jesus’ forgiveness.

So here’s my question. Are we, as a country, not living up to our purpose? Are we totally ignoring God’s purpose for our prosperity? If so, should we expect to lose the very gifts we’re taking for granted? What do you think? Leave your thoughts in the comments section.

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Debating the Resurrection

This would have been a great thing for me to post a few days ago, or during the weekend, but I found myself busy working every day of Easter weekend except Easter Sunday, which was spent with family, so I’m just getting to this now.

A friend of mine who runs the Living Dead Man Blog is hosting an online debate on the resurrection of Jesus. So far, the two debaters seem to be arguing their cases well. It’s still early in the debate. So far, there are only opening statements and rebuttals to the opening statements. I plan on following this debate for a while.