Posts tagged ‘capitalism’

Warning to the Rich

Do a google search on executive pay compared to worker pay.  You’ll find dozens of articles.  Recently I read that CEO compensation was 344 times the average worker.  Sure you can make statistics say lots of things, but the trend is unmistakable.  Many fat cats are getting fatter without apparent concern for anyone but themselves.

I’ve always read the beginning of James 5:1-6 and thought of our current day environment.   I think it even more so when we look at this credit debacle.  Capitalism fails under a non-virtuous people.  Greed destroys all those it inflicts.  Thankfully brokenness is the beginning of repentance.  My God grant repentance.

5:1 Come now, you rich, weep and howl for the miseries that are coming upon you. Your riches have rotted and your garments are moth-eaten. Your gold and silver have corroded, and their corrosion will be evidence against you and will eat your flesh like fire. You have laid up treasure in the last days. Behold, the wages of the laborers who mowed your fields, which you kept back by fraud, are crying out against you, and the cries of the harvesters have reached the ears of the Lord of hosts. You have lived on the earth in luxury and in self-indulgence. You have fattened your hearts in a day of slaughter. You have condemned and murdered the righteous person. He does not resist you. (ESV)