The Moral Value of Profit

April 8th, 2015

What is the place of profit for Christians in business? People who doubt the moral value of profit need to take a hard look at the Bible. From the beginning, it's clear that God Himself wanted a return on His investment in creation. But He also intended people to engage in profit-making enterprises.

Thus says the LORD, your Redeemer, the Holy One of Israel, "I am the LORD your God, who teaches you to profit, Who leads you in the way you should go.” (Isaiah 48:17 NASB)

In an Acton blog, Gospel Coalition editor Joe Carter noted:

As a percentage of operating costs, profits are often miniscule. Yet they play an outsized moral role in the creation and distribution of goods and services. ​

If you've wrestled with the moral value of profit, take a few minutes to watch a short YouTube video by economist Walter Williams. We found this via our friends at Acton

Profits motivate people to work hard for themselves and to make life better for others.

 

Channel(s): Economics