{"id":26,"date":"2011-08-16T07:00:11","date_gmt":"2011-08-16T11:00:11","guid":{"rendered":"http:\/\/blog.beliefnet.com\/godonomics\/2011\/01\/greed-is-not-good-but-self-interest-is-not-all-bad.html"},"modified":"2011-08-12T15:54:17","modified_gmt":"2011-08-12T19:54:17","slug":"greed-is-not-good-but-self-interest-is-not-all-bad","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/2011\/08\/greed-is-not-good-but-self-interest-is-not-all-bad.html","title":{"rendered":"Greed is Not Good, But Self-Interest is Not All Bad."},"content":{"rendered":"<div style=\"text-align: justify\">\u00a0 \u00a0 \u00a0\u00a0 The movie, Wall Street, made famous the phrase, &#8220;Greed is Good&#8221; and launched a wave of ambition and selfishness across the United States. But, Jesus tells us to &#8220;Beware the many faces of greed.&#8221; The New Testament tells us to beware the &#8220;love of money&#8221; which can lead to the root of all kinds of evil&#8230; so Christians must stand against greed in its many forms.<\/div>\n<div style=\"text-align: justify\"><span><br \/>\n<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0\u00a0 \u00a0 \u00a0 \u00a0 HOWEVER&#8230;The Bible clearly shows that capitalism is the most moral system of economics based on Biblical values of incentive, self-interest, and generosity. So, how must Christians respond to the perceived civil war between capitalism and greed? First, we must recognize the two are not synonymous.\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0\u00a0 \u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0Christians must also think through the realities of common grace and self-interest. Jesus told us the greatest commandment is to &#8220;Love the Lord God,&#8221; and the second is &#8220;Love your neighbor as yourself.&#8221;\u00a0 Notice the last part, as yourself. Jesus presumes that we &#8220;love ourselves.&#8221;\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 We look out for ourselves. We protect ourselves. We provide for ourselves. We are motivated by self-interest. And Jesus even tells us to use this basic foundation of psychology to think about how to love others. He uses the same logic with the Golden rule:\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span><em><br \/>\n<\/em><\/span><\/div>\n<div style=\"text-align: center\"><span><em>Do Unto Others As You Would Have Them Do Unto You<\/em>.\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span><br \/>\n<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0\u00a0 \u00a0 \u00a0\u00a0\u00a0 We know how we would want to be provided for, loved on, and taken care of,\u00a0 and we can use that moral law written on our hearts as a basis for how we view others. The moral law of God written on every human being&#8217;s heart (Romans 1-2) is a part of the common grace God gives to all of us to function in a broken world.\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span><br \/>\n<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0\u00a0 \u00a0 \u00a0 Paul also reminds us that it&#8217;s not just the world that&#8217;s out of alignment; our hearts are fundamentally cracked as well.\u00a0 So, though we are motivated by self-interest, we must be careful not to &#8220;think of ourselves more highly than we ought&#8221;. Here in Philippians, Paul also affirms self-interest when he says,\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span><br \/>\n<\/span><\/div>\n<div style=\"text-align: center\"><span>&#8220;<em>Each of you should look not only to your own interests, but also to the interests of others.<\/em>&#8220;<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0\u00a0 \u00a0 \u00a0\u00a0 Again, there is that assumption that &#8220;we do look out for our own interests.&#8221; Paul doesn&#8217;t say that it&#8217;s an either-or, it&#8217;s a both-and. Love yourself <em>and <\/em>love others. Why is this important&#8211;because in Christ, we can fully and completely love who we are. We should love the beauty, the righteous standing, the purity, the cleanliness, and the worth we have, if we have received Him as forgiver and leader. We have His standing and worth in Christ. For those who do not trust in Christ, God has hard-wired even the non-believing world with common grace. His law is written on their hearts and revealed through Creation.\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span><br \/>\n<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0\u00a0 \u00a0 \u00a0At the same time, God tells us that mankind&#8217;s heart is sinful and evil. So where does that leave us (especially when developing a way to look at law, government and economics) ?\u00a0 We need a system that plays to mankind&#8217;s self-interest, while accounting for mankind&#8217;s greedy tendencies.\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span><br \/>\n<\/span><\/div>\n<div style=\"text-align: justify\"><span>\u00a0\u00a0 \u00a0 \u00a0The Roman world that Christianity took root in was characterized by complete selfishness and greed. The historian, Josephus, said that no one gave anything to anyone, until the Christ -followers came and gave away what they produced to both &#8220;their own poor,&#8221; as well as the poor of different religions and backgrounds. This was a counter-cultural movement. Free market capitalism is the only moral economic system; because the only way to make money is if someone &#8220;freely&#8221; chooses your product, based on price and quality. So the seller (motivated by self-interest to provide for himself) must think about the buyer&#8217;s needs (price and quality) in order to both bless the buyer, and provide for himself. This doesn&#8217;t eliminate greed&#8230; but it does neutralize it. The bottom line is this reality: the more the seller &#8220;blesses the buyer,&#8221; the more he will &#8220;receive&#8221; profits that also bless himself. It truly is more blessed to give than to receive.\u00a0<\/span><\/div>\n<div style=\"text-align: justify\"><span><br \/>\n<\/span><\/div>\n<div style=\"text-align: justify\"><span>For a free 30-minute session of Godonomics, visit:\u00a0 <a href=\"http:\/\/www.godonomics.com\" target=\"_blank\">http:\/\/www.godonomics.com\/watch-session-1<\/a><\/span><\/div>\n<div style=\"text-align: justify\">\n<table width=\"342\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<col width=\"342\" \/>\n<tbody>\n<tr>\n<td width=\"342\" height=\"20\"><a href=\"http:\/\/www.youtube.com\/watch?v=MMi3M0080-k\" target=\"_blank\">http:\/\/www.youtube.com\/watch?v=MMi3M0080-k<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 \u00a0 \u00a0\u00a0 The movie, Wall Street, made famous the phrase, &#8220;Greed is Good&#8221; and launched a wave of ambition and selfishness across the United States. But, Jesus tells us to &#8220;Beware the many faces of greed.&#8221; The New Testament tells us to beware the &#8220;love of money&#8221; which can lead to the root of&hellip;<\/p>\n","protected":false},"author":353,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[275,96],"tags":[87,88,24,50],"class_list":["post-26","post","type-post","status-publish","format-standard","hentry","category-decision-making","category-greed-2","tag-generosity-2","tag-greed","tag-greed-self-interest-selfinterest-adam-smith-free-market-capitalism-money-capitalism-socialism-marxism-golden-rule-bible-god","tag-money"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Greed is Not Good, But Self-Interest is Not All Bad. - Godonomics<\/title>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greed is Not Good, But Self-Interest is Not All Bad. - Godonomics\" \/>\n<meta property=\"og:description\" content=\"\u00a0 \u00a0 \u00a0\u00a0 The movie, Wall Street, made famous the phrase, &#8220;Greed is Good&#8221; and launched a wave of ambition and selfishness across the United States. 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He graduated from Moody Bible College in Chicago, majoring in pastoral ministry and communication. His love for ministry and creativity can be seen in many forms: leading teams, expository teaching, acting, and video production. He has served as pastor at two high-impact churches in Georgia: Cumberland Community Church and New Community Church. Chad received an M.A. in Ministry from Moody Graduate School in 2008. He loves volleyball, movies, and hanging out with his wife Beth and their three children.","sameAs":["http:\/\/www.godonomics.com\/"],"url":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/author\/chadhovind"}]}},"_links":{"self":[{"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/posts\/26","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/users\/353"}],"replies":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/comments?post=26"}],"version-history":[{"count":5,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/posts\/26\/revisions"}],"predecessor-version":[{"id":1270,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/posts\/26\/revisions\/1270"}],"wp:attachment":[{"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/media?parent=26"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/categories?post=26"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/godonomics\/wp-json\/wp\/v2\/tags?post=26"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}