Showing posts with label Ethics. Show all posts
Showing posts with label Ethics. Show all posts

Thursday, October 13, 2011

Some Great Ideas for Wall Street Reform

In a recent column in Rolling Stone, Matt Taibi offered some concrete proposals for reforming Wall Street that I think are worth merit. Incidentally, it seems to me lately that many Christians have become knee-jerk defenders of anything remotely labeled capitalism. There is no question the Bible supports personal property rights (Acts 5:3-4), and promotes the individual work ethic (Ephesians 4:28). But there is also no question that the Bible condemns stealing (Ephesians 4:28), as well as the abuse of the poor by the wealthy (James 5:1-6), and affirms the role of the civil government in punishing evildoers (Romans 13:3-7). With that in mind, here are my favorite reforms Taibi mentions: