Tuesday, July 7, 2009

A Biblical response to economic crisis

Money is a deeply spiritual matter. God has a lot to say about money, wealth and riches, poverty, greed and contentment. How we use or misuse money is a core spiritual issue.

Jesus said “No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money.” (Mt 6:24)

We have eaten the fruit of deception
When the northern kingdom of Israel was facing deportation and exile seven hundred years before Christ, God’s people were confronted with the consequences of their actions.
Sow for yourselves righteousness, reap the fruit of unfailing love,and break up your unplowed ground; for it is time to seek the LORD,until he comes and showers righteousness on you. But you have planted wickedness, you have reaped evil, you have eaten the fruit of deception. (Hosea, 10:12-13)

The words of the prophet Hosea have a haunting relevance to our times. We have eaten of the fruit of lies, deception and greed. We are reaping the evil effects of what we, in the western world, have sown. This paper suggests that the current financial crisis is deeply spiritual in nature, and that God is using it to bring our nation and the western world to a dependence on Him in these hard times.

The moral causes of the Global Financial Crisis – lies, greed and deception – can only be addressed when individuals, business leaders, financial institutions and governments return to biblical principles in the management of money. We need to sow righteousness, in the form of truth, honesty and accountability. Ultimately this comes from seeking the Lord, and obeying him by putting these moral attributes into practice.