Lecture Notes on Theology of Business

Jul 2, 2024

Theology of Business Lecture

Introduction

  • Speaker appreciates Redeemer and the faith and work group's work
  • Lecture on theology of business is divided into two big questions:
    • Why business matters to God
    • How business should be done from God's perspective
  • Main headings: Purpose (why) and Practice (how)

A Theology of Business

Importance of Theology of Business

  • Speaker meets community leaders; hears diverse opinions on business
  • Non-business perspective: business seen as evil, exploitative
  • Business perspective: capitalism equated with Christianity
  • Need for a nuanced theology to affirm and critique appropriately

Big Questions

1. Purpose: Why Business?

  • Mission statement for business from God's perspective
  • Dominant model: Maximizing return on shareholder investment (Milton Friedman)
  • Speaker argues this model is insufficient and wrong
  • Biblical insights into the purpose of business:
    • Creation narratives show God's intentions before sin
    • Work assigned to humanity (Creation mandate)
      • Tasks: dominion over garden, tilling the ground, naming animals, etc.
      • Work seen as meaningful and creative, reflecting God's image

Purpose Observations

  • Work and Relationship: Work set in the context of relationship; God in loving relationship in the Trinity
  • Material World: God created real, material things and called them good
  • Unfinished Garden: Garden perfect but dynamically resourced; humanity to partner with God
    • Example: Manna vs bread making metaphor
  • Business’s Role: Service
    • Internal service: Provide meaningful and creative jobs
    • External service: Produce goods/services to enable community flourishing

2. Practice: How Business Should be Done?

  • Importance of constraints and boundaries (levees) in business
  • Biblical support for limits: Genesis narratives
    • Humanity made to respect limits; sin as rejecting limits
    • Sustainable operations important; preserving resources
  • Sustainable Business: Balancing use of resources without exploiting stakeholders
    • Examples: paying living wages, responsible advertising, managing capital responsibly

Application of Theology of Business

Addressing Critiques

  • Does it make a difference? Yes, shifts fundamental questions business leaders ask
  • Is this mainstream? Movement in business towards more meaningful purposes is growing
  • Competitive viability? Yes, mission-driven companies can be very successful

Importance of the Lecture

  • Internal: Solving crisis of meaning in workplace, especially for Christians
  • External: Addressing global problems with the unique capabilities of business

Call to Action

  • Pray for business leaders to be sent out into the harvest field to do God's work
  • Inviting business leaders to engage in creating positive, sustainable change in the world

Conclusion

  • Business matters to God; it is vital for Christians in business to understand its purpose and practice from a theological perspective