"(T)o say that the individual is culturally constituted has become a truism. . . . We assume, almost without question, that a self belongs to a specific cultural world much as it speaks a native language." James Clifford
Showing posts with label godliness and greed. Show all posts
Showing posts with label godliness and greed. Show all posts

Tuesday, August 19, 2025

Complexity in Global Warming: On the Imprint of Pride

It would be incorrect to claim that the planet’s atmosphere and oceans are both getting warmer in a linear, across-the-board way. The existence of exceptions, such as the slightly cooler average summers in some places in the interior of North America, no longer allows for credible claims of climate-change denial, an agenda that was financed and promoted in part by fossil-fuel companies in the U.S. and E.U. before being totally repudiated by science. Indeed, the credibility of natural science vastly exceeds that of corporations with vested financial interests. Rather than discuss those, which have become better known to the public, I want to describe the sheer complexity of a generally warming planet, which is rarely adequately grasped by non-scientists, and delve into the sordid self-love that I contend is ultimately behind global warming. 

Comparing summers of the past 30 years as of 2025 with the 1901-1960 average, the 48 contiguous American States showed “large changes I some regions, especially the West, and very muted ones in the central and southeast” States.[1] The “limited warming and even slight cooling in some locations” was “strikingly apparent.”[2] For example, Tuscaloosa County in Alabama cooled 0.6F since the first half of the twentieth century.[3] Lest this fact be taken as a rebuttal or counter-fact to “global warming,” Joseph Barsugli, a climate researcher at the University of Colorado cautions, “There are not too many places on the planet that are showing this, honestly.”[4] In fact locations in the interior of North America that have shown slight cooling are “an oddity amid a warming climate, as the general pattern is that the world’s land areas are warming up more quickly than the oceans. Europe, for instance, is one of the fastest warming land areas on the planet.”[5]

“According to the ERA5 dataset of the Copernicus Climate Change Service (C3S)” in 2025, Europe, rather than North America, had achieved the honor of being the fastest-warming continent; in fact, it had been warming by “approximately 0.53C per decade since the mid-1990s,” and the Arctic was “warming even faster—around 0.69C per decade.”[6] Even the linearity in “0.53C per decade” is an over-simplification and thus it should not be projected out from 2025 to even 2035.  Although not directly impacting the summer heating, the Gulf Stream, an ocean current that brings relatively warm water from Florida to northern Europe, was still active, albeit slowing down, during the winter of 2024-2025. Should that conveyor-belt cease to function due to the influx of cold fresh-water from melting ice in the Arctic, European winters would be much colder, and that would lower the overall warmth of Europe annually and could even have an impact on the summer heat—which way, I do not know; the complexity easily surpasses my ken as I am not a climatologist.

My point is precisely that the complexity, including feedback loops that have already been set in motion by warming that had already occurred before the mid-2020s and are entirely natural and thus cannot be stopped, still eludes even the grasp of the scientists who study the phenomenon of climate change. The E.U.’s southern States in particular were extraordinarily hot during the summer of 2025, and no one could then predict if or when the Gulf Stream might shut down in the Atlantic Ocean. The human impact on Earth’s atmosphere and oceans had already gone beyond what human minds or computers could project in terms of the future. The negligence on population growth and pollution by business around the world during the 20th century came with the convenient implicit assumption that the impact would not compromise or even extinguish our species, including homo sapiens being able to think its way to counter such wide-scale effects. In fact, the inherent or innate underlying human problem goes beyond cognition being limited relative to human prowess.

The preeminence of the self, in a narrow self-love according to Augustine, is pride, “the beginning of all sin.”[7] In other words, “’the love of personal pre-eminence’ (amor excellentiae propriae) . . . means not simply ‘love of money’ but that ‘general avarice’ which makes a [person] seek for ‘something more than is fitting’, ‘for the sake of [one’s] own pre-eminence and through a kind of love of possession (quemdam propriae rei amorem)’.”[8] Whereas Aquinas would contend that greed is the prime sin, Augustine hung his hat on pride as the root of all evil, from which greed, or the desire for more sans limit, as evinced by not only the executives and shareholders of fossil-fuel companies, but also consumers who refused to constrain their use of electricity and gas/petro for driving cars rather than taken buses, trolleys, and subways in the last half of the 20th century and the first quarter of the next century. The impulse preferring instant gratification for the self over the public or common good was continuously given enough rope even to possibly choke the species eventually. 

The strategic use of regulation and contributions to political campaigns for influence rendered not only people running corporations culpable, but also elected representatives and appointed regulators in government. The comfortable, mutual back-scratching relations between people in business and government could easily betray even the medium-term general good. 

In other words, allowing a lower good to surmount a higher good, which Aristotle called misordered concupiscence, for private and thus narrow immediate gain, is incredibly short-sighted and humanity even in the mid 2020’s was coming to realize that time was catching up and it was already time to begin “paying the piper” for all the accumulated political, economic, and social/cultural lapses that had contributed to excessive CO2 emissions. 

To be sure, the extent of the Earth’s surface and atmosphere relative to a human being could easily give people the misimpression of not being able to significantly alter the Earth’s atmosphere and oceans; but humanity should also have been sufficiently concerned about the exponential increase in the human population through the 20th century, even with two world-wars to grasp the necessity of constraining that increase as well as the consumption of energy by individuals and the pollution of companies geared to supplying the greatly expanded population’s consumption.



1. Chris Mooney, “The Strange Divide in How Americans Experience Summer Temperatures,” CNN.com, August 19, 2025.
2. Ibid.
3. Ibid.
4. Ibid.
5. Ibid.
6. The E.U. Climate Change Service, “Why Are Europe and the Arctic Heating Up Faster than the Rest of the World?” 14 July, 2025.
7. Augustine, De Gen. ad litt. XI. 18ff, as quoted in John Burnaby, Amor Dei: Study of the Religion of St. Augustine (London: Hodder & Stoughton, 1938), p. 120.
8. John Burnaby, Amor Dei: Study of the Religion of St. Augustine (London: Hodder & Stoughton, 1938), p. 120. Burnaby quotes from Augustine, De Gen. ad litt. XI. 18ff.

 

 


Tuesday, June 9, 2020

Pope Francis: Religious and Secular Arguments for Governments Subordinating Markets to Social Norms

The documentary, Pope Francis: A Man of His Word (2018) chiefly lays out the pope’s critique of economic Man. The film begins with references to climate change too loosely linked to the global population figure of 8 million humans, 1 billion of whom are unnecessarily living in poverty. The viewer is left to fill in the gaps, such as that because as biological organisms we must consume and use energy, the hyperextended overpopulation of the species is the root cause of climate- and ecosystem-changing CO2 in the atmosphere and oceans. Arguably, the salvific Son of God or the means into the Kingdom of God enjoy pride of place in the gospels, but compassion for the poor as well as outcasts and the sick is indeed a message that Jesus stresses in the faith narratives. Rather than being a sign of sin, poverty, especially if voluntary,  can permit the sort of humility that is much superior to the pride of the Pharisees. In the documentary, Jorge Bergoglio, who took the name Francis in becoming pope of the Roman Catholic Church in 2013, is a practical man who points to the sickness or temptation of greed that keeps humanity from riding itself of poverty, unnecessarily. Moreover, the hegemony of the market, with its culture of consumerism and commoditization, comes at the cost of the common good, which to Francis has a spiritual basis. Abstractly speaking, harmony, which inherently respects its own limitations, should have priority over greed and markets. Both of these can go to excess without enough built-in constraints as occurred before and during the financial crisis of 2008, with poverty plaguing humanity more rather than less as a result.

The full essay is at "Pope Francis."


Thursday, March 29, 2018

An Interfaith Declaration of Business (Ethics)

Released in 1994, “An Interfaith Declaration: A Code of Ethics on International Business for Christians, Muslims, and Jews” is comprised of two parts: principles and guidelines. The four principles (justice, mutual respect/love, stewardship and honesty) are described predominantly in religious terms, devoid of any connection to business. In contrast, the guidelines invoke the principles in their ethical sense, devoid of any religious connotation. The disconnect in applying religious ethics to business is not merely in books; the heavenly and earthly cities are as though separated by a great ocean of time.

Are these religions applicable to business?    

To be sure, the text refers to business in discussing the ethical principles of love, stewardship and honesty, however briefly. Love in the business world is to extend out from corporate boundaries to  stakeholders. Stewardship applies to a business’s use of resources such that ownership itself is qualified beyond the reach of regulation. Lastly, honesty includes the use of “true scales.” The honest are said to get a religious reward (i.e., resurrection), presumably to compensate for any monetary loss in being honest in business.

Turning to the guidelines for business, they are portrayed predominately in the text mostly as a defense of corporate capitalism. Strangely, the reference to the principles is devoid of any religious association. The following guideline is typical: “The efficient use of scarce resources will be ensured by the business” (A.7). Another guideline adds a reference to an ethical principle: “Competition between businesses has generally been shown to be the most effective way to ensure that resources are not wasted, costs are minimized and prices fair” (A.2). To be sure, fairness is indeed an ethical principle, which John Rawls applies in his Theory of Justice. However, fairness is not among the religious ethical principles. Furthermore, no religious content is referenced in the guideline, as well as still another: “The basis of the relationship with the principal stakeholders shall be honesty and fairness, by which is meant integrity” (B.3). The reader is left to ponder what integrity looks like in terms of the three Abrahamic religions.

A major problem in relating monotheism and business ethics comes down to the enigma that God’s omnipotence cannot be limited by a human ethical system, and yet divine decrees that violate secular ethical principles are untenable and thus typically considered to be invalid. For example, killing people who refuse to convert because God says rankles the modern conscience into seemingly rebelling against the Ultimate. The question naturally flairs up regarding whether God really decrees the sordid practice. Looking out of a smoked window in this earthly realm, we mortals tend to conceptualize or sense God as extending beyond the limits of human perception and cognition. This means that we cannot rely on any firm answer in justifying a divine decree above a social ethic. 

For example, insisting that employees keep the Sabbath, whether on Friday, Saturday, or Sunday, may not be fair to the workers who do not recognize the validity of the Ten Commandments. Given the limitations discussed above that preempt religious intuition, belief, and experience from being recognized as factual knowledge, an employer cannot justifiably treat the revelation as though a fact that an objecting employee has no cause to ignore. The question of the revelation's divine validity is ultimately at stake here, and no answer can possibly settle the matter in dispute.

In conclusion, it follows that throwing monotheism into the mix of business and ethics cannot reduce to a simplistic list of determinate guidelines. Getting beyond the “oil and water” of the sacred and profane turns out to be a whale of a challenge to religious business practitioners. In Christian terms, the problem can be put in terms of whether the "fully human and fully divine" Christology devoid of blending is a sufficient basis to cross the ocean of time between Sunday and Monday.  


Source:


Related paper: "Religion in Strategic Leadership: A Positivistic, Normative/Theological and Strategic Analysis," Journal of Business Ethics (2005) 57: 221-239.

Related book: God's Gold  The text goes through the history of Christian thought on how greed is related to wealth and profit-seeking, and proffers an explanation for why the historical shift was from anti-wealth to a pro-wealth dominant stance. 

Saturday, February 17, 2018

God's Gold on Wall St.: A Vaunted Self-Assessment of God's Work

A year after the financial crisis of 2008, Lloyd Blankfein, the CEO of Goldman Sachs,  found himself vilified for his firm’s quick return to risky trading in spite of its new bank holding company status. Populist resentment at the time was especially pitted against the hefty bonuses from the trades. Also, people were upset about the benefits that the bank had obtained from the decisions of its alums in the U.S. Government—specifically, in the U.S. Department of the Treatury. For instance, Goldman Sachs and other AIG counterparties got a the dollar-for-dollar payout from AIG thanks to an infusion of funds for that specific purpose by Treasury. Regardless, in an interview with the London Times, the highest-paid CEO (at least in the financial sector) dismissed such talk and defended his money-making machine and its compensation.  In addition to being the engine of economic recovery, according to Blankfein, Goldman Sachs provides a social function in making capital available to companies so they can expand. Stunningly, he adds, “I’m doing God’s work.”[1]  Such a claim is a far cry indeed from Thomas Jefferson’s warning that banking institutions are more dangerous to our liberties than standing armies.[2]  Perhaps God intends to undo our liberties by bailing out the banks.

Besides these rather obvious problems with Blankfein's religious claim is his presumption to know what God's work is, and, furthermore, that he is doing it.   Even though a feckless system of corporate governance can enable a CEO to essentially function as his or her own boss, including doing the board's job of evaluating his or her own performance, it is a tall order for a human being to be able to evaluate his performance as God's work.   To be sure, it is possible that God is an intelligent being that bestows favor on his golden stewards for doing His work.

Lloyd Blankfein may have been involved in two conflicts of interest: 1) that of having excessive power over the board whose principal task it is to oversee him, 2) having communicated with GS alums in high posts in the U.S. Government (e.g., Hank Paulson) and perhaps having them enact policies on GS's behalf.   It may be that institutional and personal conflicts of interests can become so ubiquitous that they are simply not seen by the culprits. Furthermore, it could be that the denial enabled by a tacit presumptuousness is like a white movie screen on which even doing God's work can be projected. How ironic it is, that sordid proprietary interest could operate not merely under the subterfuge of being a neutral "market-maker," but also as God's work. Such work is two degrees of freedom away from squalid greed. So it is remarkable that the two could become conflated in a mind.

[1] John Arlidge, I’m doing ‘God’s work. Meet Mr. Goldman Sachs, The Sunday Times, 11/9/09.
[2] Thomas Jefferson to John Taylor, Monticello, May 28, 1816, in Paul L. Ford, ed., The Writings of Thomas Jefferson (New York: G.P. Putnam’s Sons, 1892-99),  XI, 533.

See related book: God's Gold and Essays on the Financial Crisis

Tuesday, August 8, 2017

Christianity and “Social Capitalism”

The SEC charged Ephren Taylor with a fraudulent $11 million Ponzi scheme in April 2012. According to Reuters, “Taylor fraudulently sold $7 million of notes said to bear 12 percent to 20 percent annual interest rates, to fund small businesses such as laundries, juice bars and gas stations.” He “had conducted a multi-city ‘Building Wealth Tour’ in which he spoke to congregations” on the importance of “giving back.” He called himself a “social capitalist.” In actuality, he used the money on himself and his wife’s attempt to become a singer.

The congregants’ susceptibility to Taylor can be understand from grasping the larger historical trend within Christianity wherein the prosperity gospel—in which it is believed that God rewards “true believers” with material wealth—had replaced the anti-wealth view wherein being rich and saved is like a camel getting through the eye of a needle. In other words, the shift in historical Christian thought from a close coupling of wealth and greed to an outright rejection of such a linkage made it more likely that the lay Christians would view investing in “social capitalism” as sufficient to justify having wealth beyond subsistence living.

Secondly, Taylor’s assumed conflation or mixing of Christianity and social performance in business enabled the congregants to open their wallets presumably for religious purposes in line with a social conscience. It is worth pointing out that camel is not given a pass for using wealth in a socially responsible manner. In other words, if simply having wealth is indicative of underlying greed, how one uses the wealth is not sufficient to undo the linkage and justify having the wealth in the first place.

Moreover, fidelity to a social norm such as corporate social responsibility is not religious. Even though Unitarians maintain that certain social structures are the object of their faith, the religious domain contains a transcendent referent.  That is, faith in a religious sense is oriented to an object that lies beyond the limits of human cognition and perception.  Specific social structures do not qualify because they are in our human domain.

In fact, to advocate a particular social norm is not to justify ethically with ethical reasons.  That is to say, corporate social responsibility is not business ethics.  The difference can be explained by referring to David Hume’s naturalist fallacy, which holds that what “is” the case cannot justify what “should” be. In other words, you can’t get ought out of a melon. You need ethical reasons, such as “it is fair because x,” to justify what one should do. To advocate a social norm is not to provide an ethical reason; more would be needed to provide support for why a certain norm that can exist should exist.

Therefore, I question Taylor’s linking “social capitalism” to religion (and Christianity in particular). The application cannot even be justified under the rubric of religious ethics. In addition, the congregants were too gullible because they had applied or bent Christianity too far from its native turf.

See: God's Gold, available in print and as an ebook at Amazon.

Source:
Jonathan Stempel, “SEC Charges Ephren Taylor II ForAllegedly Bilking Churchgoers In $11 Million Ponzi Scheme,” The Huffington Post, April 12, 2012.