In time of economic crisis or should we say downturn?
Posted by stephmee on 20th November 2008
Economic crisis might be a taboo word. May be we should call it an economic downturn. Whatever it is, the fact is that, it affects everyone on this earth. The only different between the rich and the poor is that the former may have better immunity.
So why God allows this to happen?
For many centuries, even since human knew about God, the question is always there asking God, “why?”. Why the suffering? Why the pain? And most of the time, God remained silent.
I personally feel that instead of asking why, we should ask ourselves how did it happen. The world economy is built on trading or buying. We are told to keep building products, innovate new products and services, so that people will spend and the money will flow from one hand to the other.
And so, it is drivne by telling people you need this from me and I take the money from you. However, the problem I think, noticing almost every 10 years we had experienced a crisis with 1997 the Asian currency crisis; all the gains or the cash or wealth, are not distributed equally.
The senior management is the one that gets the big bucks and the people in this organisation have the most buying power. Lesser wealth is distributed to the others inside a company. And then, a vicious cycle is created. For lower income people, in order for them to have something they like as suggested by the ads, they have to work so hard, produce more goods, to be more productive etc.. (actually creating more waste) but the end results are that the gains mostly go to the top management. This equation is an imbalance one. With all the massive products being created and few have the money to buy it, any normal person with normal IQ should know that one day, something bad is going to happen.
The recent economic saga demonstrated my point. These top management with degrees from Harvard, MIT, Stanford; they all get paid exorbitantly. Their contracts are such that they are being measured how they create values for the shareholders. Profit, that’s what it is. It is a very simple maths equation. For as long as it is a positive figures, the manager or the CEO will get rewarded. But no one cares about the other factors that will be affected because of simply persuing profits.
Some called it greed driven. Well, it is a way of life for those CEOs because their jobs are tied to profitability only. The board of directors, shareholders wouldn’t care less about other aspects that could affect the society, other people by simply persuing profits. A vicious cycle is created. The CEO has to find way to make the company profitable: creating new channels, new ideas, new services and new products to convince people like you and me to buy it.
No one really cares about any consequences. Especially the CEO. They are not paid for abiding business ethics although they might loose their job for not abiding it (what an irony!). They are not paid for being socially repsonsible because the most they get is a pat by the local government. Actually the CEO is a high risk job.
So, should we blame the CEOs? Well, I think the shareholders and board of directos are to be blamed too. The goals they set, the contracts they put down to the CEO, the expectations they put across to the CEOs; all these add up to creating the vicious cycle. They promise the CEOs for millions of stocks, special perks even private jets etc…all about is to “get my stock price to the next high level!”.
So when the economy cracks, we put all the CEOs in the line of fire. What about those people who might have directly and indirectly ‘encourage’ them to do so? It is truely drive behind the big G word, not God but Greed.
What can we as Christians should do in responding to time like this?
Frankly I still think that we need to spend. But spend wisely. The other aspect is to realise that how important it is for us to build up our wealth in heaven than on earth. Jesus promised us that we could use our earthly gains or wealth to turn it into something that would last for eternity. In time like this, we should learn to give, help people in needs. Yes, you and I have our constraints and worries about tomorrow. However, these days will pass but not eternity.
What is the point to have many $ left behind when you find out that in heaven you have such a deficit? All the wealth that God has given you is entrusting you to use it in accordance to His will: listen to Him to care for those in needs. It is in time like this that we can show genuine love. We don’t just pray for our poor friends or friends in need and say “Now walk in faith, God will meet your needs”. Do you expect God will drop some $ from heaven? (Well I always wish that God might do that)
No! It is you and me who are supposed to be the angel to our friends in need. If you have excess (that’s really a challenging thing to define), pray and think about giving and sharing. In the company business world, vicious cycles are created and they are in some way, quite cruel. But in God’s world, we are to be different, we are to distinguished ourselves from this world even though we live in it. A different sets of values driven by the Love of Christ, not Greed.
If you have more than others, yes, it is a blessing and it can only be a blessing when you release it to someone in real needs. Putting it inside a safe (we know how money can loose its value) won’t bring you recognition from Christ for your good deeds living as His sons and daughters. I am not against the idea to save for rainy days but truely, how much do you really need to keep? Yes, it is a balance equation we need to figure out. Not that profit equation without balancing other equations only leading to definite problems. But an equation that when you give because of taking heed from Christ, your profit in heaven is multiplied, and eternal.
So, it is not an economic crisis or downturn but an upturn for Christians to be shaken or awaken.
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