Three Mountains (15) - Big Push Down
When Christians get serious about dealing with poverty, we will have to find ways to share capital. Interest free loans are one way of transferring capital, but we will need to find others that work in the modern world.
Jacob and Laban were both shifty operators, but they do provide an example one person helping another to build up their capital. When Jacob went to live with Laban he owned no capital. Laban capitalised Jacob’s wages by paying him with breeding ewes. Jacob was able to build up his own flock, without neglecting Laban’s flock. Jacob also learned how to care for his flock. This was an early win-win situation.
Christian business operators could look for ways to help some of their employees build up their own capital. Shares for salary is one possibility, but it would better to provide employees with capital that would supplement their skills and equip them to start their own businesses.
Christians should not hand out money and property willy nilly. Deacons have an important role in ensuring that wealth is not wasted. They will direct capital to those who could use it wisely. They will teach poor people how to live carefully and productively.
Many Christians are looking for a great wealth transfer. They have not seen it, because they are looking in the wrong place. The big wealth transfer flows down the wealth mountain.
Read more at Blessed Economist
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