Wednesday, January 26, 2011

Economics to the Glory of God Pt. 2

Proverbs 28:8

Whoever multiples his wealth by
interest and profit
gathers it for him who is 
generous to the poor.

According to God's economy tithes, offerings, and giving to the poor is simply the best investment. Savings is second and Wall Street is much further down the list. This shows just how screwed up we've become.

Proverbs 28: 19-22, 26-27
Whoever works his land will have plenty of bread,
but he who follows worthless pursuits will have plenty of poverty.

A faithful man will abound with blessings,
but whoever hastens to be rich will not go unpunished.

To show partiality is not good, 
but for a piece of bread a man will do wrong.

A stingy man hastens after wealth
and does not know that poverty will come upon him....

Whoever trusts in his own mind is a fool,
but he who walks in wisdom will be delivered.

Whoever gives to the poor will not want, 
but he who hides his eyes will get many a curse.

Are we working our land and giving to the poor? That is a perennial question in Scripture. Whether we are diversified is also important, but doesn't receive the same emphasis.

Sunday, January 23, 2011

Nominal Nominations

After seeing "The King's Speech" last night I would like to go ahead with my Oscar nominations:


Movie of the Year:

  • "The Kings Speech" (compelling)
  • "Nanny McPhee Returns" (Inspirational)
  • "True Grit" (Grisled Realism, except the rattle snakes)
  • "Despicable Me" (Redemptive)
  • "Inception" (Dreamy)


Best Actor:

  • The young girl in "True Grit" 
  • Colin Firth "The Kings Speech" 


Best Supporting Actor:

  • Geoffrey Rush "The Kings Speech" 
  • Jeff Bridges "True Grit"


Special Effects:

  • "Inception"
  • "Voyage of the Dawn Treader"
  • "Tron Legacy"

Screen Play:
  • "Inception"
  • "The Kings Speech"


Worst Hack Job:

  • "Gulliver's Travels"
  • "The Actual Nominations of the Academy"

Saturday, January 22, 2011

Economics to the Glory of God

Proverbs 22:16
Whoever oppresses the poor to 
increase his own wealth,
or gives to the rich, will only
come to poverty.
We have had our share of economic woes lately in America. Could they be related to the truth of that verse? The rich have been getting richer and the poor poorer for a long time. In the 1970's a CEO was paid twenty times more than the lowest paid worker. Today he's paid over 300 times more (Goodzward, Hope in Troubled Times)!

The Mondragon Corporation in Spain is based on Distributist principles so that the highest paid is remunerated at only six times more than the lowest paid worker. It is a billion dollar company (William Cavanaugh, Being Consumed).

When will we learn to love our neighbor as ourselves?

Wednesday, January 19, 2011

Republic of Thought

Plato: RepublicPlato: Republic by Robin Waterfield
My rating: 4 of 5 stars

This was my second dip, and this time I swam from one end to the other and read almost all of Waterfield's notes. There are things to be said about Plato and about Waterfield as a translator and commentator. Plato first.

The republic is an empire of thought. Plato knows that it is a mere thought experiment and that it will never take. That said "Ideas have consequences" and Plato certainly tries to make his mark on political, philosophical, and theological policy. What is refreshing about this ancient air that blows off every page is that Plato's goal is to convince that in order to have an orderly civil order laws and behavior must be grounded in the absolute or what he calls "the Form of the Good." In the argument between the Christian and the secularist Plato is firmly in the camp of the Christian. He knows that a robust morality cannot be brewed from the grounds of "enlightened self-interest."  Enlightened self-interest is like the shifting shadows on the "cave" wall - just "shadows of morality" (517.d). There must be an absolute standard to even distinguish good and evil, much less be able to legislate it for a community. Today we expect morality to spontaneously generate apart from moral authority. Plato argued that the Form of the Good not only casts light for the mind's eye to see all of reality but it was the source of all reality and thus everything good. It is even the source of 2 + 2 = 4, so that it would actually be immoral to teach that 2 + 2 = 5. We can't have morality on any other terms but a knowledge of God, whom he called the One, and his true Ideas. Plato wrote:

"It isn't only the known-ness of the things we know which is conferred upon them by goodness, but also their reaity and their being .... It's my opinion that the last thing to be seen -- and it isn't easy to see either--in the realm of knowledge is goodness; and the sight of the character of goodness leads one to deduce that it is responsible for everything that is right and fine, whatever the circumstances, and that in the visible realm it is the progenitor of light and of the source of light, and in the intelligible realm it is the source and provider of truth and knowledge. And I also think that the sight of it is a prerequisite for intelligent conduct either of one's own private affairs or of public business" (509b, 517c).

It's true that Plato was an elitist, dividing society into the castes of guardians, who are philosopher kings, auxiliaries, who oversee the military, and workers who farm, build, buy, and sell. He believed that the guardians must be given an education in what T. S. Eliot called the "permanent things:

"Imagine someone who really lacks the ability to recognize any and every real thing and has no paradigm to shed light for the mind's eye. He has nothing absolutely authentic to contemplate ... and use as a reference-point whenever he needs to, and gain a completely accurate picture of, before establishing human norms of right, morality, and goodness (if establishing is what is required), and before guarding and protecting the norms that have already been established."

This means that those who govern need an absolute standard or transcendent basis for law. Laws must transcend individuals if they are to bind all individuals and thus whole communities. Are we the first civilization, where most of the elites think we can dispence with the transcendent and still have a moral order? Every time someone declares someone else in the wrong he assumes something binds them both. Where does he get this moral authority over other people?

Plato has his problems as well. He would like for the government of the philosopher kings to take over the role of the family and all children to call older men father so that the family fades into the larger community. The Philosophers are to arrange marriages of the best and brightest of both classes in order to improve the race and men are to share the women and have multiple marriages. The Philosophers are to tell everyone the noble lie that some are made of gold and meant to govern, while others are silver, and the rest are copper and iron and meant for manual labor. But all are rational enough to accept this as corresponding to their nature and thus good for them. Plato would abolish private property and personal possessions among the guardians in order to get rid of envy and ambition. The workers are allowed to own and possess and thus they might not be jealous of the guardians unless they were rational and wanted to rule for the right reasons. These could be recognized and moved up to the philosopher class and others could be demoted if they weren't interested in philosophy.

From a Christian point of view Plato is still playing with the "shadows of morality" since he doesn't know God's special revelation, but he does better than most with general revelation. It's not until we read the best of the ancient world that we realize what an effect Christianity has had on the West and just how much of our morality that we take for granted as rational, such as marital fidelity and equality of women and children, was actually revealed by the God of the Bible.

Now on to our translator Robin Waterfield. Waterfield doesn't go with the traditional translation of "eidos" as "form" but uses "type" instead. For some reason modern translators can't leave well enough alone and go for worse. The type of the good doesn't have the same force as the "form" of the good. On top of this Waterfield is a materialist who can't understand Plato at points.

Plato apparantly stands out in Greece for believing in the minds immortality. He argues that a things disease always destroys it like when rust reduces metal to dust. The mind must be immortal however because its disease, which is immorality, doesn't destroy it. In fact most, like an early character named Thrasymachus, become clever and vivacious in their promotion of immorality. Waterfield calls Plato's argument circular and here's why:

"There is no reason to suppose that physical death and psychic death are not identical, or that what destroys bodies does not also destroy minds, unless one already believes that the mind is different in substance from the body."

If the mind is reducible to the brain, which is grey matter and chemicals, then explain self-consciousness. Computers aren't self-conscious. If all we have is nerves and synapsis then how are we able to tell ourselves how and what to think? Explain the longing for transcendent meaning in this bag of chemicals that we call man. There's no reason to suppose that our minds die when our brain function stops unless one already "believes" that the mind is reducible to the brain.

In another place Plato says, "It's goodness which gives the things we know their truth and makes it possible for people to have knowledge." Waterfield says, "what is the meaning of the assertion that goodness is responsible for truth and knowledge? (Truth means little ore than just knowability here) .... It cannot be merely that to know a thing is to know in what way it is good, because Plato envisages knowable types of immorality and evil." Why can't Plato be saying that knowledge of the good is the source of our knowledge of all things and even our knowledge of bad things because the bad things are a perversion of the formerly good thing. Knowledge of the good means we know 2 + 2 = 4, and we know that it would actually be immoral to teach that 2 + 2 = 5.

That said Waterman's translation is a good read and his notes are certainly more than worthwhile.




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Thursday, January 13, 2011

Luxury Folly

I just re-listened to a Mars Hill Audio interview with Robert Frank about his 1999 book Luxury Fever: Money and Happiness in an Era Excess. It has been republished in 2010 by Princeton Univ. Press, because it is probably more relevant than ever.

Frank argues that we buy possessions that don't make us happy, because the incentives are wrong. Our consumer culture sends us the message that to be successful we must look the part. This means conspicuous consumption like the Lexus, the sprawling estate, and the flashy wardrobe with all the accessories. Inconspicuous consumption like vacation, family time, and relaxation, which we know are more fulfilling, are not incentivized by our consumer economy.

Thus Frank proposes a economic model that sounds more like what my grandparents knew. I've always wondered why during WWII the war effort at home was always about sacrifice and doing without. Today we're told that if we want to help, we need to get out and spend. We chart consumer confidence as a mark of a healthy economy. It's spending not savings, stupid!

Frank says not so fast. If we know what's good for us we need to change the game. Why not incentivize savings. Do away with income tax and set up a progressive consumption tax. Say a family pulls in $1,000,000, and they save $300,000. This means that they spent $700,000 on consumables, and this is their taxable income. The tax is graduated so that low and middle income families aren't made any poorer, and also have an incentive to save. This sounds like a distributism of savings.

Despite the poor economy, we've seen another decade of little to no savings among the majority of Americans. When you think about it, we must be out of our minds.

Many reviewers complain that Frank's vision doesn't take cultural realities into account. Just because we know that intangibles are better for us doesn't mean that we can quite worshipping the invisible hand of Adam Smith. Smith told us that the sum of individuals seeking their own interest adds up to the common good for all. This is the invisible hand of the self-regulating market, but it has infected us with luxury fever. Didn't Jesus say, "Do not store up treasures on earth where moth and rust destroy and thieves break in and steal, but store up treasures in heaven where moth and rust do not destroy and thieves do not break in and steal. For where your treasure is there your heart will be also." More intangibles please!

A former student of mine described our consumer economy as a once flowing river that has all but dried up. In order to keep it flowing the government has gone into debt buying two parts hydrogen for every one part oxygen and flooding the basin of consumerism. This is an artificial stimulant that gets us spending again. But it leaves us with the hangover of buyer's regret, and a government that's going to take us down the drain with it.  I pray that this doesn't have to happen in order for us learn wisdom and change our incentives. "Righteousness exalts a nation, but sin is a reproach to any people" (Proverbs 14:34).