In the 21st century, capitalism reigns, yet it is increasingly unfit for purpose. How can we re-imagine the economic system? The Bible envisages a relational economy offering financial stability, economic justice and social cohesion.
A CEO is paid hundreds of times more than the ‘everyday workers’ in their own company. The market seems to allow it, but is it morally right? This report proposes a biblical framework for exploring remuneration, which has three major components – justice, dignity and reward.
‘What good is it for someone to gain the whole world, yet forfeit their soul?’ Mark 8:36 John Mann MP: ‘I…wonder, Mr Diamond, if you ...
Prodigal Stewards 'What has Posterity ever done for me?' Robert Heilbroner 'Blessed are the young, for they shall inherit the national ...
'I believe banking institutions pose a greater threat to our liberties than standing armies.' -Thomas Jefferson 'Man is born free, and ...
Extreme inequality is a fact of the modern world. Among the various components of inequality is the reality of vast pay differentials. Top executives are paid hundreds of times more than many of the other people working in those same companies. One of the main justifications for the current and seemingly exorbitant rates of executive pay is simply the competition of the market.
If a company doesn’t pay the going price to employ a competent chief executive, that person will be snatched up by a different company that will. Along these lines, many have argued for government intervention. But in the end, few have been able to put a finger on exactly how we should determine what a fair wage is. In order to avoid crafting temporary solutions to superficial problems (e.g. ‘the ideal pay differential should be X to Y’), it seems prudent to step back and consider some deeper, more permanent issues. In a sense, it may be helpful to partially re-frame the conversation.
Dr Paul Mills gives an overview of the global economy and provides a relational perspective on some of the key trends. Paul is an economist specialising in global financial stability, and recently stepped down from being head of the IMF London office.
Recorded in the Jubilee Lounge, Cambridge, in September 2017
Guy Brandon, David McIlroy, Eve Poole, Paul Mills and James Featherby respond to questions at 'Reforming the monetary system: Christian perspectives on a crucial debate'.
Recorded on 5th December 2016, at St Botolph-without-Aldersgate, London.
Paul Mills continues the 2010 series of three London Lectures by 'Thinking Relationally about Finance'.
Economist Paul Mills outlines the effects of our high levels of public, corporate and private debt, exploring the idea that debt is a form of slavery with consequences that far outstrip its advantages of bringing forward future spending power.
This lecture was given at the Jubilee Centre's 30th anniversary on 14th September 2013.
From our January 2008 climate conference, Jubilee Centre's Founder asks what growth means and whether we need it anyway.
'We are all democratic socialists now, not social democrats!' Governments in most Western nations, with the support of central banks, have mustered immense financial firepower to ...
by Charlee New and Jonathan Tame As a society, we’re committed to two principles regarding wages, but they are in tension. One is to allow the market to set prices as much as ...
Facebook’s plans to launch its own digital currency should intrigue, excite and terrify you. But how will ZuckBucks measure up to the biblical gold standard? ‘...a homer of barley ...
'...and forgive them their debts: Lending, Foreclosure and Redemption From Bronze Age Finance to the Jubilee Year' - Michael Hudson (ISLET – Verlag, Dresden, 2018) Debt ...
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Thoughtful perspectives on today's social, political and economic challenges
Reconsidering our fundamental beliefs and assumptions about the world.
Making room for artists to challenge the way we see God and the world.
How do we strengthen the basic unit of society: the extended family?
Building relational economies for financial stability, economic justice and social cohesion.
How can relational churches thrive with a mission to transform their communities?
Reconsidering our fundamental beliefs and assumptions about the world.
Making room for artists to challenge the way we see God and the world.
How do we strengthen the basic unit of society: the extended family?
Building relational economies for financial stability, economic justice and social cohesion.
How can relational churches thrive with a mission to transform their communities?
Reconsidering our fundamental beliefs and assumptions about the world.
Making room for artists to challenge the way we see God and the world.
How do we strengthen the basic unit of society: the extended family?
Building relational economies for financial stability, economic justice and social cohesion.
How can relational churches thrive with a mission to transform their communities?
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