Business for the Glory of God Book Review
This is my book review of Business for the Glory of God which we started the first week of this course. I have briefly articulated the author’s, Wayne Grudem, main positions and themes and then interact with them. That is, I have chosen two main points that I agree with and two main points in which I do not agree. My thoughts have been supported with well-reasoned arguments and additional supportive data derived from outside sources. Summary
Durring my first week of Business Law I was asked to read this book. In Business for the Glory of God Wayne Grudem attempts an apologetic for businesses. According to Wayne Grudem Business, is constantly in a bout with good and bad practices and good Christians are apprehensive and fearful that by being involved in business they are somehow falling short due to their relationship with other businesses. Wayne Grudem then gives a theological explenation and reasoning for several points related to areas of business. Grudem argues that business is neither evil nor even morally neutral but inherently good and created by God. There are 11 main areas of business that Grudem scrutinizes; ownership, productivity, employment, commercial transactions, profit, money, inequality of possessions, competition, borrowing and lending, attitudes of heart, and effect on world poverty. The book is ended with a review of the effects of ownership, productivity, employment, commercial transactions, profit, money, inequality of possessions, competition, and borrowing and lending on the attitueds of the heart and the effects on world poverty. It is in these last chapters where the reader is most able to see how a business can be fundamentally good. Each chapter starts with a phrase: "(Ownership, Productivity, Employment, Commercial transactions, Profit, Money, Inequality of possessions, Competition, Borrowing and lending) is fundamentally good and provides many opportunities for glorifying God but also many temptations to sin" and finishes with a sentence such as, "But the distortions of something good must not cause us to think the thing itself is evil. (Ownership, Productivity, Employment, Commercial transactions, Profit, Money, Inequality of possessions, Competition, Borrowing and lending) is fundamentally good and pleasing to God" Discussion
Grudem does a good job of briefly spelling out his reasoning as to why business is good and momentarily bringing to light some of the vulnerabilities of business including materialism, greed, and. “While extreme wealth and extreme poverty are both considered 'bad things' there's no way of drawing a line, no attempt at working out how some inequality is good but too much inequality is bad”(Bolton, 2014) thus I feel the weakest arguments by far are his argument that inequality of possessions is the way God intended things to be, that this is a good thing that gives glory to God. Additionally, there is no acknowledgement that in the countries that have best excelled in profit making and generally attainment of possessions and money to become rich are also the countries with the maximum inequality between social classes. The next weak chapter is Grudem’s finishing remarks on world poverty. Many people agree with the foundation that “trade is better than aid”but there is a gullibility about his words that are distressing. Grudem implies that the main reason poor countries are poor is due to the establishment of pitiable governance, enormously ineffective system of government all of which is true but it's not the whole story. There is however, no reference to unjust trade practices by wealthy countries or nations, no mention of corruption in under developed countries, or crimes such as slavery or undemocratic practices. These types of practices are easily seen in today’s world. Korea is a prime example. In the country’s most recent election the world...
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