MISSION, MAMMON AND MONEY
Peter Challen challenges us to be more aware of how global
financial injustice affects our ability to be agents of
Gods mission. Our behaviour is the true test
of the authenticity of our mission message and that behaviour
is expressed in all the three dimensions of the intimate,
the corporate and the global.
Each and every one of us who has worked with a true
missioner, studied with, or been admitted to friendship
has the privilege of finding ourselves in a demanding and
testing relationship of utter seriousness with one for whom
God is most certainly a refining fire and the heat
was often tangible!
Those words of tribute to a missioner set the tone of
my challenge to consider a mission that is at once intimate,
corporate and global; and where each of these dimensions
is understood and responded too in our personal capacity.
Authentic mission today demands that we share visions of
what the reigning of God in all creation means to us and
how it affects our behaviour in all these three dimensions
of reality. That is a consideration of utter seriousness.
It seems as though the western world has let faith drift
towards common decency within the unchallenged
prevailing system of economic behaviour, to the neglect
of prophetic insight and application. And as the tension
and new necessity for collaboration between Europe and the
Middle East grows ever more urgent, it is imperative that
we reconsider the churchs neglect of economics.
Archbishop Rowan Williams recently suggested to the CTBI
(Churches Together in Britain and Ireland) that it was helpful
to think of God as a therapist, enabling us to move from
a state of confusion to resolution. He called for therapy
for the sane. Thus philosophical counsellors, theological
auditors, jobbing theologians, therapists and missioners,
all need to take account of the wholeness of life and the
indivisible relationship of our lives to the life of the
earth itself. Profound explorations of this theological
stance are to be found, for instance, in Anne Primavaesis
Sacred Gaia Holistic Theology and Earth System Science
and in Mary Greys Sacred Longings: The Ecological
Spirit and Global Culture . Both these works challenge us
to develop eco-humility in our relationships to all the
dimensions of reality. More recently the theologian Ulrich
Duchrow and economist Franz Hinkelammert have asked similar
questions in Property for People, Not for Profit: Alternatives
to the Global Tyranny of Capital . This book contains a
final chapter that asks the question in utter seriousness,
as to whether the church is an errant church or a confessing
church; offering twelve demands (p. 220) that we must be
seen to be making, and making possible, if we are true to
the God who so loved the world that ...
The limits of growth
Ever since the coining of the phrase the limits to
growth it has been borne in upon us that the pattern
of exponential growth within a finite context results in
crashes (crashes of whatever thing was in exponential growth
mode). On just one day, November 17 2004, the Financial
Times carried eleven articles that indicated dangers accruing
to people and to planet because of structural faults in
a variety of economic structural issues e.g. land distribution,
money supply and the immunity of corporations from accountability
for their externalities, (the euphemism for
costs imposed on society and the carrying capacity of earth).
These are signs of structural sin. If we are
faithfully to share in a vision of the Kingdom of God we
need to move from a consumerist society to one of healthy
and prosperous frugality. Mission is a process of helping
humanity wherever they are, to make a paradigm shift, to
become complicit in the kingdom of God, not in the god of
the market, often experienced as the god of money.
Participating recently in an annual review of a group of
people deeply committed to mission sharing,
I was struck by how we found ourselves conversing almost
entirely in terms of the intimate responses of individuals
in specific and particular situations. There was hardly
any reference to the structures of society that were imposing
massive constraints on the dignity, creativity and mutuality
of their communities. The impression gained was that our
faith enabled us to endure the present society, but scarcely
to challenge it by our behaviour or by offering a stern
but gentle critique.
To escape such narrowness of approach requires a larger
perspective. In August 2003, in the middle of all the anxieties
about climate change triggered by unprecedented temperatures,
George Monbiot wrote in the Guardian that We live
in a dream world, in which the superficial world
of our reason is constantly overtaken and frustrated
by the deep, unspoken assumptions that really shape our
responses to the world around, those assumptions that make
us project our future lives as repeated instances
of the present. If we lived rationally, we should
be taking instant action about those features of our present
life, which are making the human future more and more precarious.
Since Monbiot wrote, the World Health Organisation has estimated
that deaths from heat exhaustion (already 20,000 in 2003
in Europe) will double within a decade. No wonder he says
that The future has been laid out before us, but the
deep eye with which we place ourselves on Earth will not
see it (Guardian, August 12, 2003).
As an example of the kind of thing I am thinking about,
is the following comment made by a friend on his return
from a visit to Jamaica, having recently read an erudite
book by an Islamic scholar, The Problem with Interest .
Solving the problem created by the creation of all
credit and money by private commercial banks as interest
bearing debt is absolutely fundamental to the global systemic
problems and at the root of the financial free market/ unfair
trading system that the world and we suffer from
e.g. the plight of the Channel Tunnel; the work work-more-more-hurry-hurry-worry-worry
ethic; the lack of balance; the stress; the materialistic
consumer slavery we unwittingly endure; the awful effect
on the "third world which in my view is still
colonised and exploited by the US and EU; the terrible indebtedness
and interest burden of countries like Jamaica which pay
60% of their meagre GDP in interest payments while their
health and education services decline absolutely; violence,
corruption and crime both individual and large scale grow;
the gap between haves and have-nots enlarges; and the university
yin Jamaica suffers 25% cuts in this year and more to come.
Globalisation under Finance Capitalism basically does not
serve humanity and mainly makes just a few people very rich
and powerful.
Three Gear Mission
To understand the need for a proper depth of vision to which
Monbiot refers, which I wish to contend is a gift required
of the contemporary missioner, let me take you back to the
toughest consignment I was ever given. It happened while
I was an industrial chaplain exploring the relevance of
faith to the economic ordering of our lives. To survive
the rigours of being a jobbing theologian on a nine-month
senior management course at the London Business School some
years ago, I had to invent some rhetoric which would authenticate
my presence in a course dedicated to the pursuit of business.
I claimed that I had a faith that was pertinent everywhere
God so loved the world... The fact that in each new
situation I could not pre-emptively know how that pertinence
was to be expressed, simply meant that I had to explore
its relevance at one and the same time in the intimate exchanges
of our daily dialogue, in the corporate intricacies which
were the focus of our highly technical studies, and in the
sustaining of the stability of the planets amazing
carrying capacity that God sent his only Son, to
the end that all that believe in should not perish but have
eternal life
Trying, in that specific situation, to be in Christ
in the midst of that exacting course meant that I needed,
(increasingly with the help of the others as my rhetoric
caught their attention) to oscillate constantly between
the three dimensions of the intimate, the corporate and
the global. It required checking each against the other
in terms of the vision we had for the people and the businesses
we served. After several months we began to describe this
exercise in the relevance of applied faith as our Three
Gear Mission. It became a shared task, a sharing of visions
of wholeness expressed in specific ways related to the economic
order.
It was the significant absence of serious appraisal of the
corporate structures and the global dangers, which worried
me in that review by mission sharers referred
to above. Why? Because my intense year at the London Business
School and my 30 years of engaging with the world of economics
since, have daily reminded me that loving the world for
Gods sake, requires profound questioning of our own
and other peoples behaviour in relation to the structures
of society as well as in each individuals personal
relationships with one another, always with an eye to the
stability of our delicate planet and its rich bio-diversity.
My life in mission has taught me that three issues lie at
the root of our economic order, 1. Land and absolute property
rights; 2. Money creation by private banks; 3. Corporate
law. Each requires theological appraisal and personal challenge
if there is any hope of our being agents of Gods transforming
purposes of inclusive structured justice which is in turn
the basis of peace. Yet very little attention is given to
these expressions of our human life in European and other
western church congregations. Thus the severity of the challenge
by Ulrich Duchrow.
Attending to mission
Mission begins with attention and presence. In any situation
attended to there is an uncovering of truth that takes precedence
over the application of technique. Whenever we attend a
situation there are intimate, corporate and global dimensions
to that situation and each has to be related to the other
in a truly covenantal economy. Events for which we are responsible
can be planned with careful attention to ways in which the
great sweep of the biblical proclamation might be able to
illuminate issues in contemporary society as a clue to the
on-going activity of Gods self-disclosure. And witnessing
to this activity of God is the fundamental understanding
of mission. Above I referred to the root issues of land,
money and corporate law. For the rest of this article I
focus on money.
The deliberations on mission in the body of which I am currently
the Chair, The Christian Council for Monetary Justice began
in Scotland in the late 1950s with the work of the Congregational
Union of Scotland (CUS) and its Christian Doctrine of Wealth
Committee. The first report, often called the Dundee Report,
was presented to the CUS Assembly in Dundee, May 1962. It
aroused much public interest, was reprinted several times,
and finally emerged with the title Money A Christian
View, with an enthusiastic foreword by the Very Rev George
McLeod DD (founder of the Iona Community). The second report
of the Christian Doctrine of Wealth Committee appeared in
1964 and reaffirmed the findings of the first report in
the light of comments received from academics, economists
and churchmen. The second report was lost in committee,
was never adopted by the CUS, and was not widely published.
However the two key findings of this second report were:
1. That the existing system impedes the development, production
and distribution of wealth (Gods providence). In the
face of vast human need this fact calls for Christian protest
and demand for reform.
2. The monopoly of credit issuance held by the banking system
is indefensible and justifies the term fraudulent
(without personal implications).
Recently the 2004 AGM of CCMJ endorsed the following
statement of belief as regards matters of Monetary Justice:
We believe that:
Money for Industry and commerce should be issued
by elected national and possibly in some instances local
government only, in amount appropriate to the goods and
productive capacity which it represents.
Such money should be interest-free but for genuine
cost of administration.
Bank loans should be limited to the actual assets
held by banks, i.e., the present practice of banks lending;
say ten times their holdings should end.
The National Debt, and local council debts, and many
debts of firms and of persons are phoney to
the degree that they relate to money created as above out
of nothing by institutions which have gathered a private
monopoly of credit creation.
If the banks have a monopoly of credit-creation and
want more back than they create, in consequence of charging
interest, they ask the impossible so that the public debt
grows continually.
The computerised Global Money-Market
has acquired a momentum of its own, yet it is irrational
and is damaging to the poorer nations that it exploits on
our behalf. CCMJ contends there are strong philosophical
and theological reasons why profit from credit creation
rightly goes to the community that gives it value, and the
quantity of credit in circulation is controlled statistically
(rather than either politically or for the sake of profit)
to prevent either inflation or deflation and stagnation.
The nations money supply needs to be state-created
interest free in order to generate productive capacity.
Steps for Justice
In the book Seven Steps to Justice which I co-authored with
Rodney Shakespeare in 2002, we state: There is an urgent
need for such a reformed monetary system which addresses
poverty and rich-poor divisions and
focuses on the real, productive, economy
protects the environment
enables societies and nations to control their own
destiny
ends the exponential increase in debt now threatening
to engulf the world
ends usury (interest).
At present, most new money (in the West, 97%; plus 3% coins
and notes) is fiat electronic money created by the banking
system and issued as interest-bearing loans. Such money
has an essentially fraudulent origin, tends to be inflationary,
and can double or treble the cost of capital investment.
As an alternative however, rather than the banking system
issuing interest-bearing loans, a States central bank
could issue interest-free loans if the loans are used for
public capital investment or used for private capital investment
which creates new owners of capital. These uses would back
the currency with assets, break the grip of usury, and be
patently non-inflationary. We believe that all people of
good faith will welcome the benefits including:
two basic incomes for all
capital ownership for all
support for small business
a strengthened social infrastructure
a deepening of democracy
an improvement in the economic position of women
While people of various faiths may differ on the implications
for democracy and women, the Seven Steps proposal
can form the basis of a global push for justice.
Seven Steps to Justice has led CCMJ into profound
discussions with Islamic scholars and bankers, who are moved
to find Christians tackling monetary reform with utter
seriousness .This is because it takes seriously the
Islamic prohibition on usury. The prohibition of usury is
a feature of the ancient wisdom of all great faiths, though
sadly profoundly neglected in contemporary deliberations
on the faults in our globalised economic practices.
In a recent edition of Radical Economics, the journal of
the New Economics Foundation, there was on every page a
box marked Now Your Turn, indicating that all the stimulating
words about the possibilities of effective change are as
nothing if they do not instil witness in appropriate local
behaviour commensurate with the convictions we hold. It
also reminds us that those with a mission are to heed the
wisdom attributed to St Francis, By all means preach
the gospel all the time... and sometimes use words.
Our behaviour is the true test of the authenticity of our
mission message and that behaviour is expressed in all the
three dimensions of the intimate, the corporate and the
global. All the pastoral attention we may seek to give wherever
we witness or minister becomes only a palliative or an amelioration,
if we do not also raise the prophetic challenge of the covenantal
economy that reflects the kingdom of God.
It helps occasionally to drop the g from kingdom.
Kin-dom suggests the increasing understanding of the interdependence
of all aspects of the earthly biosphere, and affirms with
utter seriousness our mutuality, with its corollary
of reciprocity, in all our sharing of our visions of God
and Gods purposes for us as stewards of sustainability.
This is required of us by a God of Grace, that in all things
intimate, corporate and global we seek human dignity for
all and an ever-deepening understanding of the delicacy
of the carrying capacities of planet earth. For none
of us can be fully human until all are human, and
that is only possible by tackling structured sin, as a theological
necessity, rather than as a moral judgement.
I would be glad to follow up the implications of this article
with any who care to contact me:
peter@southwark.org.uk
or 020-720- 0509
Peter Challen: March 2005
Footnotes
1. Anne Primavesi, Sacred Gaia: Holistic
Theology and Earth System Science, Routledge 2000
2. Mary Grey, Sacred Longings: Ecofeminist Theology and
Globalisation, SCM 2003.
3. Ulrich Duchrow and Franz Hinkelammert Property for People,
Not for Profit: Alternatives to the Global Tyranny of Capital,
Zed books, 20043
4. Tarek El-Diwany, The Problem with Interest, Kreatoc,
2004
5. Rodney Shakespeare and Peter Challen, Seven Steps to
Justice, New European Publications, 2002.
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About the author
Canon Peter Challen was for many years Senior Chaplain of
the South London Industrial Mission. He is Chair of the
Christian Council for Monetary Justice.
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