Daily Archives: March 31, 2019

(NYT Op-ed) Nicholas Kristof–is a small Seattle company showing that capitalism can have a heart?

Staff members gasped four years ago when Dan Price gathered the 120 employees at Gravity Payments, the company he had founded with his brother, and told them he was raising everyone’s salary to a minimum of $70,000, partly by slashing his own $1.1 million pay to the same level.

The news went viral and provoked a national debate about whether efficient capitalism could have a heart. Some Americans lauded Price for treating employees with dignity. However, on Fox Business he was labeled the “lunatic of all lunatics,” and Rush Limbaugh declared, “I hope this company is a case study in M.B.A. programs on how socialism does not work, because it’s going to fail.”

So I came to Seattle to see what had unfolded: Did Gravity succeed or crash?

There were bumps, no doubt about it. A couple of important employees quit, apparently feeling less valued when new hires were close to them in pay. The publicity forced Gravity, which processes credit card payments for small businesses, to hire additional people to handle a deluge of inquiries. Worst of all, Price’s brother, who owned a stake in the company, sued and alleged that Price hadn’t consulted him on decisions.

For a while, it wasn’t clear that the gamble was going to pay off.

But eventually it did: Business has surged, and profits are higher than ever. Gravity last year processed $10.2 billion in payments, more than double the $3.8 billion in 2014, before the announcement. It has grown to 200 employees, all nonunion.

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Posted in Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Personal Finance & Investing, Theology

(Christian Today) On what should have been Brexit weekend, churches and cathedrals open their doors for prayer and dialogue

The first weekend after the UK was supposed to leave the European Union, churches and cathedrals are offering spaces for conversation and prayer on Brexit.

Many churches across the country are holding prayer vigils this weekend on what should have marked the start of a new post-Brexit era for the UK.

But after another week of votes and debates failed to break the deadlock on Brexit, the Archbishops of Canterbury and York are inviting people to come together in dialogue and prayer as part of five days of prayer for the nation and its future relationship with the European Union.

Cathedrals across England have answered that call. On Friday, Leicester Cathedral hosted a prayer vigil led by the Bishop of Loughborough, Guli Francis-Dehqani, Chair of the European Council of Churches, while Wakefield Cathedral has been inviting members of the public to come and write down their prayers for peace and for each other on prayer cards.

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Posted in Church of England, England / UK, Foreign Relations, Parish Ministry, Politics in General, Religion & Culture

In the House of Lords the Bishop of St Albans asks about problem gambling related suicides

The Lord Bishop of St Albans: To ask Her Majesty’s Government what is their assessment of Gambling disorder, increased mortality, suicidality, and associated comorbidity: A longitudinal nationwide register study, published in November 2018; and in particular its finding that problem gamblers are 15 times more likely to take their own lives.

Lord Ashton of Hyde: Preventing suicide is a priority for Government, and we take new evidence on this matter very seriously.

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Posted in Church of England (CoE), CoE Bishops, Ethics / Moral Theology, Gambling, Politics in General

(America) What does Catholic Social Teaching say about the economy? It’s more complicated than you think.

The political common good is of interest to the church because it is an incomplete but real fulfillment of the eschatological unity to which we are all called. The comparison with the unity of Jesus and the Father calls attention not simply to outcomes but also to the character of relationships. “Gaudium et Spes” states that humans “cannot fully find themselves except through the sincere gift of themselves” (24). Finally, “Gaudium et Spes” challenges limited notions of the common good, expanding it beyond the local community or nation, making clear that we have rights and duties regarding the “whole human race.”

In its treatment of the role of the church in the contemporary world, “Gaudium et Spes” considers and distinguishes economic and political aspects of society, which it discusses in separate chapters. As the theologian David Cloutier notes, each has its own associated good. The treatment of economics focuses on the universal destination of goods, and the discussion of the political order centers on the common good. Here we find the oft-excerpted definition: “The common good embraces the sum of those conditions of social life whereby men and women, families and associations may more adequately and readily attain their own perfection” (74).

Lifted from its context, there is always the danger of reading “conditions” here as if they are purely external situations in which we pursue individual flourishing. But the context in the document makes clear that the common good is the collective work of the community. Individuals, families and groups “are aware that they cannot achieve a truly human life by their own unaided efforts. They see the need for a wider community, within which each one makes his or her specific contribution every day toward an ever-broader realization of the common good” (74). Awareness of this need drives the establishment of various forms of government or “political community” that exist “for the sake of the common good.” This expresses the ancient Catholic judgement that government is not a response to human sinfulness but an essential consequence of our social nature created by God.

Thus, Catholicism views the common good as a particular kind of good that concerns the whole of society. It corresponds with a particular form of agency: collective and political action. The common good is distinct from the economy but related to it as both address different aspects of social life.

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Posted in * Economics, Politics, Economy, Ethics / Moral Theology, Roman Catholic

Food for Thought from Emily Dickinson for a Sunday

Posted in Poetry & Literature

A Prayer to Begin the Day from Daily Prayer

Grant, we beseech thee, Almighty God, that we, who for our evil deeds do worthily deserve to be punished, by the comfort of thy grace may mercifully be relieved; through our Lord and Saviour Jesus Christ.

Daily Prayer, Eric Milner-White and G. W. Briggs, eds. (London: Penguin Books 1959 edition of the 1941 original)

Posted in Spirituality/Prayer

From the Morning Bible Readings

Bless our God, O peoples, let the sound of his praise be heard, who has kept us among the living, and has not let our feet slip.

–Psalm 66: 8-9

Posted in Theology: Scripture