TruthBook Religious News Blog

Jim Wallis
Founder of Sojourners; speaker, author, activist
February 24, 2010

The Great Recession is not just an economic crisis, it is the result of a loss of values, a moral crisis. And to say that it is a moral crisis is also to say that it is a spiritual crisis. At the center of most religions is the question of who and what we worship? Where is our deepest allegiance?

So the Great Recession bears some "religious" reflection, as the market has gradually become all pervasive--a replacement for religion and even for God. It is the Market now that now seems to have all the godlike qualities--all-knowing, all-present, all-powerful, even eternal--unable to be resisted or even questioned. Performing necessary roles and providing important goods and services are not the same things as commanding ultimate allegiance. Idolatry means that something has taken the place of God. The market can be good thing and even necessary; but it now commands too much, claims ultimate significance, controls too much space in our lives, and has gone far beyond its proper limits.

Idolatry comes in a lot of different forms. Today, it is much more subtle than bowing down to a golden calf. It often takes the form of choosing the wrong priorities, trusting in the wrong things, and putting our confidence where it does not belong.

Today, instead of statues, we now have hedge funds, mortgage-backed securities, 401(k)s, and mutual funds and, for some, bonuses. We place blind faith in the hope that the stock indexes will just keep rising and real estate prices keep climbing. Market mechanisms were supposed to distribute risk so well that even those who were reckless would never see the consequences of their actions. Trust, security, and hope in the future were all as close to us as the nearest financial planner's office. Life and the world around us could all be explained with just the right market lens. These idols were supposed to make us happy and secure, and provide for all our needs. Those who manage them became the leaders, to whom we looked, not just for financial leadership, but direction for our entire lives. That is indeed idolatry.

Rich and poor alike were sucked into making heroes out of those who seemed to be able to turn everything they touched into gold. Holocaust survivor and Nobel Peace Prize recipient Elie Wiesel lost virtually all of his personal wealth and his foundation's, up to $37 million, to Bernie Madoff's Ponzi scheme. "We gave him everything, we thought he was God, we trusted everything in his hands," Weisel said.

The market even has its priests, pastors, rabbis, imams, and shamans. These money and market commentators translate the often confusing signals of the Dow, international currency exchange rates, or futures indexes and tell us all what they mean and how they should act as a result...

This is one man's take on our present economic crisis. He lends a spiritual angle to it, and it is a thought-provoking opinion...Please click on "external source" below for the complete article.

Labels: God, idolatry, Jim Wallis, religion, the economy

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Wednesday, January 23, 2008

Liberal Christian: 'Dominance of the religious right is finished'

David Edwards and Muriel Kane
Wednesday January 23, 2008

Please click on the link to external source for complete article, including a video clip from the Daily Show January 22, 2008.

According to a prominent liberal Evangelical, there is a major political and generational shift going on among Evangelical Christians in America.

Jim Wallis, the editor of Sojourners Magazine, told Jon Stewart on Tuesday's Daily Show, "Two things have happened since we last talked. I've got some good news and some great news. The good news is, the dominance of the religious right over our politics is finally finished."

As the audience cheered and applauded, Wallis continued, "Even the better news is now a new generation has come of age and they're applying their faith ... to the biggest issues that face us: the moral scandal of poverty, the degradation of the environment -- which we call God's creation -- the threat of climate change, Darfur, human rights, the exclusive use of war to fight evil."

Stewart questioned whether a religious left might not wind up being just as rigid as the religious right, but on the other side. Wallis replied that he wasn't expecting that to happen, because people in this country "don't want to go left or right, they want to go deeper, they want to go to a moral center."

"Politics in America is broken," Wallis said, explaining why he anticipates a new social movement, rather than a new political movement. "Social movements often rise up to change politics when it fails. And the best social movements often have spiritual foundations."

"Why does it always have to be tied in to faith?" Stewart asked, pointing out that at the same time as the 19th century abolitionists were appealing to religion, so were the supporters of slavery. "Isn't there a way to have a right and wrong?"

"Religion has no monopoly on morality," Wallis agreed, acknowledging that all the great social movements have had a significant component of people of faith, but never exclusively. "And there's a whole new denomination now," he added, "called the spiritual but not religious, that's growing all over the country."

"The two great hungers in the world today are the hunger for spirituality and the hunger for social justice, and the connection between the two is the one the new generation is just waiting for," Wallis concluded.

He cautioned, however, that "when people of faith get to the public square, they shouldn't say, 'My religious view is this.' They should speak in moral language that is inclusive of everybody. ... I care about not someone's religion, but what their moral compass is."

Labels: Daily Show, David Edwards, faith, Jim Wallis, morality, Muriel Kane, politics, religious right, spirituality