Liz
Moyer, a journalist for the New York Times recently published an article discussing
the Biblical approach to the stock market. Throughout this heated, teeth
gritting article Moyer discusses the effects of every mans desire to serve both
God and Money. As one looks into the surface of the stock market one could
empathize with Christian investors and their undesired urge to invest in
so-called “sin-stocks”. Sin stocks include resources such as tobacco, alcohol,
guns, gambling and etc.. Up until the recent decade graciously avoiding “sin
stocks” has been simplistic for Christian investors. However, according to Moyer, “two new exchange traded funds offer a conservative evangelical
— what is called “biblically responsible” — tilt to that investing approach.
The funds explicitly say in their regulatory filing that they will avoid buying
shares in companies that have “any degree of participation in activities that
do not align with biblical values,” including what they call the lesbian, gay,
bisexual and transgender “lifestyle.” Okay, fair enough, Christian investors don’t
want to be associated supporting a cause they don’t agree with morally. This
all sounds fine in a moral perspective but when one takes the legalism of an
evangelical Christian mindset and mixes it with the factual economic world it
is bound to ignite a fire of war concerning Matthew 6:24, “"No one
can serve two masters. Either you will hate the one and love the other, or you
will be devoted to the one and despise the other. You cannot serve both God and
money.”
The article states, “The approach is squarely
at odds with that of nearly all of corporate America”. Is this because the
evangelical church is ganging up on the LGTBQ community? No, it is because
through the successful economics moral beliefs and feelings cannot be mixed.
Wow. Does not sound like a Christian perspective does it? Its not supposed to,
this is economics. I belief that an investor should not steal, cheat and lie
his way through his career, but is it a sin to support investors who sin? No.
If each investor was too concerned with the personal life and moral beliefs of
the other the economic system would fail. Why would it fail? Because we are all
judgmental sinners. Every employee would find something wrong with a potential
client. Matthew 7:1-5 backs this idea up, ““Do not judge, or you too
will be judged. 2 For in the same way you judge others, you will be
judged, and with the measure you use, it will be measured to you. 3 “Why
do you look at the speck of sawdust in your brother’s eye and pay no attention
to the plank in your own eye? 4 How can you say to your brother, ‘Let me
take the speck out of your eye,’ when all the time there is a plank in your own
eye? 5 You hypocrite, first take the plank out of your own eye, and then
you will see clearly to remove the speck from your brother’s eye.”
Besides the Biblical perspective
on well… a Biblical issue there is an economical stand point to this debate. Throughout
“Crash Course Economics” I learned the difference between Communism and
Socialism. Much to my surprise I found a parallel within Socialism and this
very article. If Christian investors continue to support and live out the idea
that they can only support those whom moral beliefs line up with their own,
they are creating non-government form of socialism within themselves and the
economy.
A rough 10% of the American
people identify as LGBTQ. Now scatter that number across businesses, and ultimately
as a result it is going to be rare for a Christians investor to find stocks to
invest in that have absolutely no connection with the LGBTQ community. 100% of
humans are sinners. Now scatter that across businesses. Now find a stock you
can invest in without supporting sin. IMPOSSIBLE. Morality is generally based
around economics. Whatever can produce the most money receives the most support
from the people. Yes, this is a sinful way to live and run business. However,
the most dangerous from is when economics is run by morality. If economics is
run by morality NOTHING would ever get done because not one individual agrees
with every moral viewpoint of another. As Adam Smith states, “All money is a
matter of belief”.
On an end note one should never allow economics to dictate their
faith. As Christians we cannot avoid sin in our business lives, however through
our actions and response to ungodly circumstances we are given the opportunity
to both minister and be servants of Christ. Above all the Bible states in Isiah
30:21, “And
your ears shall hear a word behind you, saying, “This is the way, walk in it,”
when you turn to the right or when you turn to the left.”
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