This book is Theodore Roosevelt Malloch’s argument that capitalism is most successful when it is conducted in a virtuous way. Virtuous enterprise, according to Malloch, both makes the world a better place and makes businesses more successful (7). In fact, companies that pursue profit to the detriment of all else are unhealthy. He states, “I strongly believe that profit-only companies are, in fact, parasitic, and that they damage the economy at large with their limited and self-focused view of their role in the marketplace” (2). In addition to the well-known concept of social capital, Malloch says there is something called “spiritual capital” which those who conduct business from a faith-based perspective possess. Like any other kind of capital, it can be renewed or drawn down over time. Spiritual capital is renewed through the exercise of virtue, and he expounds on several such virtues: leadership, courage, patience, perseverance, discipline, justice, forgiveness, compassion, humility and gratitude. Practicing these virtues renews spiritual capital, and the growth of spiritual capital leads to greater success than would otherwise be achieved.
I must admit that I was wary when I first began to read this book. I have read too many uncritical dismissals of capitalism as well as too many uncritical endorsements of it, and I had my suspicions that this book might fall into the latter category. As I read, however, I was glad that Malloch’s emphasis was on a classical list of virtues, rather than what has been called “the virtue of selfishness.” If anything, I wish that Malloch had spent even more time unpacking what it would mean for businesses to operate while pursuing virtue. He calls attention to several individuals and companies as exemplars of particular virtues, but I am still skeptical about whether these companies (especially Wal-Mart and Tyson Foods, which are both mentioned in the book) are actually operating under a broad list of virtues rather than just one or two.
Early in my reading, I wondered whether Malloch had a purely instrumental view of virtue. That is, his emphasis on the success that doing virtuous business brings made me wonder whether he saw virtue as simply a tool to achieve the greater goal of success. He does address this objection, and I will quote him: “The examples I have given concern sincerely religious people whose faith has helped them in their business and who have been rewarded for their virtues. This is no the justification for their faith, nor has it been their motive. On the contrary, it is precisely because faith motivates them to other and higher goals, turning their minds away from the thought of profit, that they have been able to unleash, in themselves and others, the store of spiritual capital that has brought profit as one of its first effects” (118). In other words, Malloch is saying that in his examples, companies pursue virtue and experience profit as a byproduct. This is wonderful for the companies Malloch uses as examples, but I’m not sure whether Malloch’s emphasis on the close link between virtue and success is the best way to encourage companies to act more virtuously. It was good to see Malloch say, in telling the story of Malcolm Pearson (141-144), that doing business virtuously can lead to a lack of success, at least in the short term. I wish that he had taken more account of situations such as Pearson’s in his argument throughout the book, as there were times when it seemed he was saying the virtuous company could always have its cake and eat it too.
This book is valuable insofar as it explores the role of virtue in doing business. Unfortunately, I think that it only scratched the surface.
Luis Palau is an evangelist, and this is an evangelistic book. The thrust of it is that faith in Jesus is not just something that can be added on to a life, but is something that fundamentally changes it. He directs his writing at various kinds of people who have not made a life-changing commitment to Jesus: skeptics, people who feel that going to church periodically and calling themselves Christians is enough, people who are outwardly successful but inwardly unfulfilled, the addicted, the unloved, the burned-out, the hopeless. To each of those people (and more), he says that the good news of Jesus transforms lives by bringing about personal and social change and bringing beauty from ashes.
2. Renewing the Center: Evangelical Theology in a Post-Theological Era by Stanley J. Grenz. Grenz, a professor at Carey Theological College in Vancouver, wrote this book in 2000, five years before his untimely death. The edition I read was the second edition, which came out in 2006 and includes a preface by Brian McLaren.
3. Whose Body? by Dorothy Sayers. This was the first murder mystery that Dorothy Sayers wrote, and the first to feature Lord Peter Wimsey as the detective.
I have been a fan of G.K. Chesterton ever since I picked up a copy of Orthodoxy while I was in college. Since then, I’ve read several books by or about him, including The Man Who Was Thursday, The Everlasting Man, St. Thomas Aquinas, Francis of Assisi, The Napoleon of Notting Hill, Joseph Pearce’s biography Wisdom and Innocence, Garry Wills’s literary study, and several of the Father Brown stories.
1. Julie Clawson – Everyday Justice: The Global Impact of Our Daily Choices. This book, which I found in my church library, is a wonderful look at justice issues for a popular Christian audience. Clawson looks at how biblical ideas about justice can affect behavior in seven areas: Coffee, Chocolate, Cars, Food, Clothes, Waste and Debt. She gives many good recommendations, both in terms of what to do and where to get more information. One of the best things about this book is that it seeks to move wealthy Christians (and when I compare myself to the rest of the world population, I fit in that category) toward more just decisions, and at the same time it is not overwhelming or judgmental.
2. Earl Palmer – The Humor of Jesus: Sources of Laughter in the Bible. This book, by the former pastor of University Presbyterian Church in Seattle, is a brief look at humor in the Bible. It is not a bad introduction, and includes several examples of humor in the Bible, but there are other books out there that are more comprehensive. The main benefit of reading this book is just spending time with Palmer, who clearly enjoys his subject.
3. Conrad Hyers – And God Created Laughter: The Bible as Divine Comedy. This is the second book that I read to get some background for a Bible dictionary article I was preparing to write on “humor.” This one was better than Palmer’s, but to be honest neither were really satisfying. Both seemed to have as their main message: “The Bible really is funny, you know.” Since I was already convinced that there is humor in the Bible, I was looking for more detailed information on the various techniques of humor in the Bible and where they could be found. There was a little of this, but not as much as I was hoping for.
4. Francis Schaeffer – The Complete Works of Francis Schaeffer (5 vols). I began reading this back in July, and wrapped it up just before Christmas. It contains all 22 of Schaeffer’s books combined into five volumes. I’m not able to do it justice in a short review, so I’ll share a negative and a positive. What I didn’t like about this set was that Schaeffer repeated himself so much over the course of his oeuvre. I am also more sympathetic with the earlier Schaeffer (in which his primary goal was to relate the gospel to the young people who came to visit him at L’Abri) than the later Schaeffer (in which he turned his attention more toward emphasizing an antagonistic view of the world and defining the boundaries of evangelicalism). I’ve already alluded to the positive. Schaeffer was passionate about relating the gospel to the world of the late-20th century, and he is at his best when his books are rooted most directly in the deep concern and love he had for the world as it came to him in the person of the young people he met at L’Abri.
1. Mohandas Gandhi – Autobiography: The Story of My Experiments With Truth. Gandhi, I believe, needs no introduction. This book is Gandhi’s autobiography, covering the time from his birth (1869) to the early 1920s.
2. William Zinsser – On Writing Well, 30th Anniversary Edition: The Classic Guide to Writing Nonfiction. I read a previous edition of this book when I was in college (10 years ago), and I read this edition for work. It is largely the same book, with a few edits and a new chapter on writing memoir.
3. John Howard Yoder – When War Is Unjust: Being Honest in Just War Thinking. I’ve been a fan of Yoder’s ever since I read his The Politics of Jesus when I was in college. At the time, I saw it on a shelf in the university library and thought it looked interesting. I had no idea that Yoder was an incredibly influential theologian from the Mennonite tradition (which means he was a pacifist).
4. Mignon Fogarty – Grammar Girl’s Quick and Dirty Tips for Better Writing. This is another book that I read for work. It gives grammar tips in an entertaining way, and I think it would be interesting particularly for someone who does not know much about grammar.
This is the second book that I have read from Thomas Nelson’s Ancient Practices series (the first was The Liturgical Year), and I have enjoyed both of them. The purpose of the series is to encourage Christians to incorporate ancient spiritual disciplines like sabbath, tithing or fixed-hour prayer into their lives. All of these have a rich tradition from Judaism and the early church, and modern-day Christians could benefit from having a greater exposure to them.
For this reason, I was interested in reading a new book by Jon Walker called Costly Grace: A Contemporary View of Bonhoeffer’s The Cost of Discipleship. It is an attempt to hit contemporary Christians with the full force of both the simplicity and the cost of discipleship. It is made up of 28 chapters, most of which begin with the phrase “Becoming Like Jesus” – because discipleship isn’t about getting sins forgiven so that we can go out and sin some more. It is about becoming like Jesus in all areas of our lives.