(Church Times) Good Money Week: Using money for good

“In the present state of mankind,” John Wesley declared in his celebrated 18th-century sermon on the use of money, “it is an excellent gift of God, answering the noblest ends.”

Rightly used, he said, money could feed the hungry, provide drink for the thirsty, clothe the naked, and provide shelter for the stranger. “It may be as eyes to the blind, as feet to the lame; yea, a lifter up from the gates of death!”

He warned against excessive spending, however, and condemned the exploitation of workers. He called on Christians to be generous in their financial giving, and recognised that money could be misused.

The right use of money has been a Christian concern since the early days of the Church, and, between then and now, both the institution and individuals, in their earning, hoarding, or spending of money, have fallen short of the ideals taught. Today, no doubt, Wesley would be a leading campaigner against the consumer society, drawing attention to how irresponsible and excessive consumption has led to environmental degradation.

Churches and faith investors have, for many years, done their best to align their investments with acceptable beliefs and ethics, and, despite good returns promised, have avoided buying shares in, for example, arms companies, and the tobacco and gambling industries. They have monitored businesses in which they invest closely to ensure they are not exploiting the vulnerable or despoiling the planet.

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Posted in Corporations/Corporate Life, Ethics / Moral Theology, Religion & Culture, Stewardship, Stock Market