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A free floating commentary on culture, politics, economics, and religion based on a passionate commitment to the truth and a desire graciously to refute that which is contrary to it….
"He must hold firm to the sure word as taught, so that he may be able to give instruction in sound doctrine and also to confute those who contradict it."
--Titus 1:9, Revised Standard Version
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One of the lessons of the present turmoil is the recognition of our interdependence upon each other. It is a lesson that is at odds with the mindset of speculative profiteering, but it is a lesson that bears repeating in times of crisis.
Am I my brother's keeper? Yes I am. The impact of what happens with a sub-prime mortgage in America has an impact upon my brother employed in Newcastle working for Northern Rock.
Am I my brother's keeper? Yes I am when speculation leads to mergers, with redundancies for thousands of my brothers and sisters.
Am I my brother's keeper? Yes I am, because the systemic risk of allowing a bank to fail makes sense only when it is translated into the thousands of individual stories of hardship that flow from its collapse.
Read it all.
Filed under: * Anglican - Episcopal Archbishop of York John Sentamu * Economics, Politics Economy The Credit Freeze Crisis of Fall 2008/The Recession of 2007-- * Theology Ethics / Moral Theology
Next entry (above): (London) Times: Historic Church of England deal paves way for first women bishops
Previous entry (below): Mike Elgan: 10 things that won’t survive the recession
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