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Monthly archive: March, 2010

The Rest of the Book: Final Thoughts

March 1, 2010, by Doug 3 comments

Since committed to write a response to every chapter in Jim Wallis’s book, Rediscovering Values, I’ve become very busy and need to devote more attention to those things in my life. But I wanted to finish the book and share my thoughts on the rest of it. I skimmed through some major sections of the book, and while I wish I could get into more detail on each one, let me comment a few times on some disagreements Jim Wallis and I have:

Clean Energy Economies

Don’t get me wrong, I don’t have a problem with “green energy” per se. While it is important to steward the environment properly, Wallis comes at it from a collectivist standpoint, explains “green jobs” in a way that sounds wonderful an appealing, but doesn’t deal with all of the unseen consequences. He praises President Obama for increasing the standards of fuel economy, clear evidence that he doesn’t understand that unforeseen and unseen consequences occur when you arbitrarily enforce regulations such as fuel standards.

Free Market Canards and Straw Men

Canards, for those of you like me who recently discovered the word, are unfounded rumors or stories. Straw men are artificially-erected arguments made in order to easily tear them down. Wallis has perpetuated many economic fallacies in this book, but the following is most disconcerting:

To hear some zealots of the free market talk, you would think they believe in a sinless market, where no regulations are allowed, no limitations accepted, no restraints needed, and no accountability required. In other words, the market is beyond sin and shortcomings. The logic goes that, left to its own devices, the market will behave in a perfect or sinless fashion and, in fact, only it can provide the moral framework in which everything else should operate. (pg 190)

I’ve read hundreds of articles online, and thousands of pages of books by those who would be self-avowed “zealots” of the free market. Let me make this clear: NOT ONE OF THEM HAS CLAIMED ANY SUCH THINGS! Wallis is simply not listening, or refuses to comprehend, that free market advocates do not believe in a “sinless” market, because the market is simply a metaphor for free persons exchanging and interacting with one another. So when Wallis follows up the above paragraph with, “In light of the Great Recession, can we still hold on to that bad theology?” I want to scream. Literally! Wallis is apparently blind to the obvious non-free market nature of our economy, which caused this crisis on the first place.

Twenty Moral Exercises

Wallis ends the book with 20 moral exercises for the reader to implement in his life. To be honest, if you want to read this book, go to the book store, read this chapter, and you’ll benefit greatly. It will save you twenty bucks and give you twenty life practices to work on personally.

Final Thoughts

Wallis and I disagree on a lot, but we also agree on a lot. While on the one hand I think Wallis goes too far by presenting straw men and false dichotomies, on the other hand many of his solutions do not go far enough. Wallis is a big believer in the inherent goodness of government, and believes that it must be there to thwart evil and keep markets in check. At the very most, I’m a believer that government is a necessary evil, and must be utilized in a minimalist role, but in a very specific one. My biggest complaint with Jim Wallis is that his vision for social justice cannot work without lots of guns: the only mechanism for enforcing the laws and regulations setup by the state is weapons.

While this book is fraught with economic half-truths, misleading explanations, and sometimes an incoherent ignorance with regards to some basic economic principles, if you ask me if you should read this book, I’d say yes, because Wallis is insightful, even prophetic at times, when it comes to admonishing personal responsibility and Christian social awareness for those who have long since forgotten the values upon which we ought to stand.

Doug

Doug Stuart is a committed follower of Jesus and passionate about building for the Kingdom of God through education and mobilization. He is a regular writer at LibertarianChristians.com as well as the founder of Living Loud.

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The Way Out: An Analysis

March 1, 2010, by Doug 1 comment

In his book, Rediscovering Values, Jim Wallis’s blames what he calls the Great Recession on three philosophies that we as a society have bought into: “Greed is Good,” “It’s All About Me,” and “I Want It Now.” While ignoring a great opportunity to discuss what about the institutional structures of our society promote such excessive greediness (the Federal Reserve System), and what facilitates such artificial booms that create the illusion that “I want it now” can be facilitated (again, the Fed), Wallis ignores all this and places the blame on greedy people making decisions on Wall Street. While I believe that Wallis is hitting the target on most fronts, it would be better if he could take better aim and hit the bulls eye. The target is good, and needs to be shot at, but the bulls eye is still seemingly out of focus for Wallis.

So when he gets to Part 4, “The Way Out,” he spends three chapters (which will be condensed for review here instead of each chapter as a post) countering the above three philosophies with the following three:

  • Enough is Enough
  • We’re In It Together
  • The Seventh-Generation Mindset

Enough is Enough

When somebody tells me they believe individuals ought to live economically with a philosophy that “enough is enough,” and not be driven by consuming more and more in order to find happiness, I would gladly be behind them shouting the same message. It is indeed the case that we often live with more than we need, whether we do so to fill a void or just out of a habit. It’s a damaging to live by the “I need more to make me happy” mentality, and so trading it for being satisfied with whatever it is that we have (especially those of us with much) is a good thing.

As far as this goes, Wallis is fine. But Wallis often speaks from the perspective of a collectivist, and so uses some quotes from many centuries ago to get the reader into believing the myth that when some people have more, other people have less because of it. While this may have been true in mercantilist and pre-mercantilist societies, in a market economy this isn’t the case. Unfortunately our country has shifted back toward some getting rich at the expense of others, but Wallis misses yet again the opportunity to explain to us what institution makes this possible.

We’re In It Together

Generosity goes a long way, especially when it is shared generosity. This is essentially Wallis’s point in this chapter, where we shed ourselves of an “It’s All About Me” attitude. Using examples of local and community banks that did not make unethical loans, and are doing well during this recession, Wallis comes very close to what I’ve been looking for in this entire book:

Markets will always have ups and downs, bubbles will build and burst, business cycles will swing up and back down.

What? Markets will always have ups and downs? Bubbles will burst? Excellent admission. But here’s my question: isn’t this a great opportunity to go (even briefly) into explaining that it doesn’t have to be this way, that economic growth can be steady and stable on a gold standard without a central bank? You’d think, since Wallis is very much against “societal evils” (which he decries in Part 1). Unfortunately, here’s all we’ll hear from Wallis about business cycles:

It is beyond the scope of this book to delve into the difficult issues of who gets bailed out and who doesn’t or the nature of business cycles, but it is clear that we must continue to ask questions about the [I'll Be Gone] “business as usual” mentality.

So if “business as usual” must be questioned (and I wholeheartedly agree), and “business as usual” is what got us into this mess, THEN WHY ON GOD’S GREEN EARTH DOES YOU BOOK NOT HAVE ENOUGH SPACE TO TALK ABOUT BUSINESS CYCLES AND THE CENTRAL BANKING SYSTEM!?!?

The Seventh-Generation Mindset

Long-term thinking has always been a wise choice for businesses, and it is generally a wise choice for individuals and other organizations and groups. Long-term thinking and planning often plays an important part in economic growth, personal growth, and spiritual growth. And while short-term thinking, with CEOs and their golden parachutes “winning” and most of us on Main Street “losing” (by way of reduced investment fund values) has caused a tremendous problem for our economy, Wallis returns to one of the fundamentals of the Christian faith: ethical stewardship of resources. Reminding us of the Genesis 2:15 “tend and keep” command, Wallis implores us to think about stewardship as not only about the environment, but as an initiative to ensure that poor people have enough, and that future generations have enough.

Not to beat a dead horse, but maybe it would be helpful to ask the question, “What makes such short-term thinking profitable for businesses? What could eliminate such unsustainable decision making?” And while we’re asking the question, “How will this affect us seven generations from now?” how about we question the warfare/welfare state’s massive debt accumulation that will not be repayable for at least that number of generations at the current rate.

Doug

Doug Stuart is a committed follower of Jesus and passionate about building for the Kingdom of God through education and mobilization. He is a regular writer at LibertarianChristians.com as well as the founder of Living Loud.

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