Corporations

the Web Editors 10-04-2011

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From the official statement by #OccupyWallStreet: "As one people, united, we acknowledge the reality: that the future of the human race requires the cooperation of its members; that our system must protect our rights, and upon corruption of that system, it is up to the individuals to protect their own rights, and those of their neighbors; that a democratic government derives its just power from the people, but corporations do not seek consent to extract wealth from the people and the Earth; and that no true democracy is attainable when the process is determined by economic power."

the Web Editors 9-22-2011

When President Barack Obama laid out his deficit plan Monday, he wasn't just trying to sell a policy. When he pressed for tax hikes on the rich and announced, "This is not class warfare," he was trying to exorcise a demon that has bedeviled the Democratic Party for decades and in the process deprive the Republicans of one of their trustiest weapons. The reaction from the right was swift and sure: "Class warfare!"

Jim Wallis 9-22-2011

Wall Street has been devastating Main Street for some time. And when the politicians -- most of them bought by Wall Street -- say nothing, it's called "responsible economics." But when somebody, anybody, complains about people suffering and that the political deck in official Washington has been stacked in favor of Wall Street, the accusation of class warfare quickly emerges. "Just who do these people think they are," they ask. The truth is that the people screaming about class warfare this week aren't really concerned about the warfare. They're just concerned that their class -- or the class that has bought and paid for their political careers -- continues to win the war.

So where is God in all of this? Is God into class warfare? No, of course not. God really does love us all, sinners and saints alike, rich and poor, mansion dwellers and ghetto dwellers. But the God of the Bible has a special concern for the poor and is openly suspicious of the rich. And if that is not clear in the Bible nothing is.

Lisa Sharon Harper 9-01-2011

Did anyone else get the feeling, as we watched weather reporters wave their arms frantically in swirling motions across oversized maps of the eastern seaboard -- with their eyes bulging as they pushed out whole paragraphs without a single breath for a period -- that this was all hype?

Last weekend, as Irene passed over town after town in the mid-Atlantic, memories of Katrina did not materialize. By the time Irene huffed over New York City on Sunday morning, and the flood of the century was actually just a really big puddle in Battery Park and a floating lifeguard stand in Long Beach, my fear had transformed into complacency. From there I became cynical. By Sunday afternoon I found myself watching the weatherman's bulging eyes as he repeated the mantra of the day: "It's not as bad as we thought it would be, but it's not over." And I thought: "Boy, they'll do anything for ratings."

But it wasn't all hype.

Lisa Sharon Harper 8-18-2011

Picture this: Hundreds of thousands of women, men, and children plod across barren cracked earth. Dead cows and human corpses litter the roads, revealing to us evidence of two things: 1) the hottest summer on record in Somalia, which caused the worst drought and famine in 60 years; and 2) twenty years of a truly failed Somali government swallowed up in cycles of violence.

Picture this: Posturing politicians claim to stand up for the rights of Americans, even as they hijack the proverbial steering wheel of America. They hold a proverbial gun to the heads of every American, and say outright that they'd have no problem driving us all off a proverbial cliff if millionaires and billionaires don't remain protected from raised taxes, and if we don't cut more programs that protect working and poor people.

Michael Nagler 8-12-2011

On Monday the Dow Jones industrial average fell 634.76 points; the sixth-worst point decline for the Dow in the last 112 years and the worst drop since December 2008. Every stock in the Standard and Poor's 500 index declined.

It is easy to blame bipartisan bickering for the impasse that led to Standard and Poor's downgrading of the American debt, and in turn the vertiginous fall of the Dow. This bickering -- this substitution of ideology for reason, of egotism for compassion and responsibility on the part of lawmakers -- is a national disgrace; but while it failed to fix the problem, we must realize that it did not cause it. The cause -- and potential for a significant renewal -- lies much deeper.

So let's allow ourselves to ask a fundamental question: what's an economy for?

Andy Shallal 8-10-2011

Being a socialentrepreneur used to be a lonely endeavor. I grew up believing that to be in business meant leaving your soul at the front door -- being ruthless, shrewd, and above all focused on profitability at any cost. But as a businessman, I found myself less interested in the bottom line of profit than in the bottom line of community impact. For example, I started Busboys and Poets as a restaurant and gathering place, but also a social enterprise -- a business with a conscience -- in Washington, D.C.'s U Street neighborhood.

Having grown up in D.C., I was amazed at the dramatic changes that swept various neighborhoods in the 1990s. The U Street corridor in particular was undergoing some of the most vivid transformation.

Andy Shallal 8-01-2011

The B Corporation model puts social and environmental responsibility into companies' legal DNA.

Jim Wallis 7-28-2011

1100728-godiswatchingadThe markets are watching, the Republicans are watching, the Democrats are watching, the media are watching, the pollsters and pundits are watching. The public is watching and is disgusted with Washington, D.C.

When it comes to the bitter and ultra-partisan battles over the budget, the deficit, and the fast-approaching deadline for America defaulting on its financial commitments, the whole nation and even the world is watching.

But God is watching too.

Nadia Bolz-Weber 7-25-2011

He put before them another parable: "The kingdom of heaven is like a mustard seed that someone took and sowed in his field; it is the smallest of all the seeds, but when it has grown it is the greatest of shrubs and becomes a tree, so that the birds of the air come and make nests in its branches." He told them another parable: "The kingdom of heaven is like yeast that a woman took and mixed in with three measures of flour until all of it was leavened."

The kingdom of heaven is like treasure hidden in a field, which someone found and hid; then in his joy he goes and sells all that he has and buys that field. Again, the kingdom of heaven is like a merchant in search of fine pearls; on finding one pearl of great value, he went and sold all that he had and bought it.

--Excerpts from Matthew 13

It's been a rough weekend. Watching the devastation that the combination of mental illness and fundamentalism brought to the people of Norway. Watching what the combination of drug addiction and fame brought to a talented singer, who, like so many who went before her, is now dead at the age of 27. Something they don't tell you when you get clean and sober is that if, by the grace of God, you manage to stay that way -- you get a much better life -- but year after year you also watch people you love die of the same disease. So yesterday when I heard that Amy Winehouse had been found dead in her home, it brought me back to nine years ago when my dear friend PJ was also found dead in his home.

Chuck Collins 7-15-2011

Bahamasphoto © 2010 John Hilliard | more info (via: Wylio)
As Christians concerned about poverty, it is time to turn our full attention to the injustices of an "offshore tax system" that enables corporations and the wealthy to dodge taxes and impoverish countries around the world.

As members of Congress in the United States debate deep and painful budget cuts, people of faith should raise our voices against an unfair system that enables profitable U.S. corporations to dodge taxes, depleting an estimated $100 billion from the U.S. Treasury each year. Instead of cutting $1 trillion over the next decade from programs that assist the poor and ensure greater opportunity, we should eliminate these destructive tax gimmicks.

Recent reports show that aggressive tax dodgers such as General Electric, Boeing, and Pfizer, avoid billions in taxes a year. They use accounting gymnastics to pretend they are making profits in offshore subsidiaries incorporated in low- or no-tax countries like the Cayman Islands, thereby reducing their tax obligations in the United States. This system is unfair to domestic businesses that have to compete on an un-level playing field.

Jim Wallis 7-07-2011

Our country is in the midst of a clash between two competing moral visions. It is not, as we have known in recent history, a traditional fight between Republicans and Democrats. It is a conflict between those who believe in the common good and those who believe individual good is the only good.

Elizabeth Palmberg 6-22-2011
In the past two years, the social safety net has helped more Americans than any time in a generation. So why are so many people trying to tear it to shreds?

Phil Haslanger 6-13-2011
Jesus never said anything about collective bargaining. He never called for the continuation of the Earned Income Tax Credit for low-income workers.
The Hebrew scriptures recount time and again how God blesses the earth with enough provision and food for its inhabitants.
Jim Rice 6-01-2011
The ongoing nuclear crisis in Japan has caused considerable concern among Wall Street types, many of whom had already voted with their wallets against the financial feasibility of nuclear power by
Jim Wallis 4-21-2011

On Easter weekend, I will break my fast. I will have spent almost four weeks drinking only liquids. But, as is often true of fasts, what has been gained is far greater than anything given up.

Almost three weeks ago I stopped eating and started fasting, calling people of faith and conscience to do the same.

Jim Wallis 4-14-2011

It is reported that Congressman Paul Ryan makes every member of his staff read philosopher Ayn Rand, the shame

Chuck Collins 4-14-2011

In the face of state and federal budget cuts, many of us have been fasting and contemplating the question: "What would Jesus cut?" In light of tax day, however, we might equally contemplate: "What would Jesus tax?"

After all, a great deal of our budgetary stress is the result of declining revenue, thanks to the economic downturn and decades of tax cuts.

A new report that I co-authored, "Unnecessary Austerity," argues that before we make draconian budget cuts at the federal and state level, we should reverse huge tax cuts for the wealthy and tax dodging corporations.

The Jesus I know would be concerned about the extreme inequalities of wealth and power that have emerged in our communities. He would rail against principalities and powers that rig the tax rules so the privileged pay less.

He would lament the destruction of God's creation through excessive consumption and pollution. And, he would be alarmed about financial and commodity speculation driving up the cost of food and worsening hunger. (In today's world of high finance, someone would be hedging investments on how quickly Jesus could multiply loaves and fishes.)