Theology and Economics: Self Interest

One of the most frequently propagated economic myths is that free market capitalism is founded on selfishness or greed. I can't count the number of commentators and teachers saying Adam Smith based his economic thinking on selfishness. As we all know, selfishness is anathema to the Christian life. Therefore, we should condemn, or at least be suspicious of, capitalism.

Unfortunately, the purveyors of this myth are dead wrong! Capitalism is not based on greed, and Adam Smith argued that society functions best when each person is given the freedom to act on their enlightened self-interest. Selfish and self-interest are not the same thing.

Two months before his assassination, Martin Luther King, Jr., preached a sermon at Ebenezer Baptist Church in Atlanta. The sermon's title was The Drum Major Instinct and was based on the passage from Mark, chapter ten, where James and John asked to be seated at the left and right hand of Jesus when he entered his kingdom. Of course, what immediately strikes us about this story is the bold arrogance James and John exhibit by asking such a question. Have they been listening to anything Jesus has been saying?

King points out a frequently overlooked aspect of this story. If you and I can see how clueless and selfish the question was, don't you suppose Jesus saw this too? How would you or I have handled this? I can tell you how I would have handled it. I probably would have grabbed a trout, smacked them upside the head, and said, "Hello! Hello! Are you idiots listening to anything I have been teaching you!!!" But King points out that this was not Jesus' response.

Jesus shows no impatience. Jesus does not get angry. Instead, Jesus questions them whether they know what they are asking. They say they do. Jesus informs them that the positions they seek are not his to grant. The other disciples discovered what James and John asked and got really ticked. (Probably because they didn't think to ask first.) Then Jesus explains how any of them can earn the highest positions:

"You know that those who are regarded as rulers of the Gentiles lord it over them, and their high officials exercise authority over them. Not so with you. Instead, whoever wants to become great among you must be your servant, and whoever wants to be first must be slave of all. For even the Son of Man did not come to be served, but to serve, and to give his life as a ransom for many." Mark 10:42b-45 (NIV)

As King notes, every one of us desires to be out front. We want to be the one who gets noticed. We want to lead the band. What King astutely points out is that Jesus does not condemn this longing! No, Jesus says, "Go for it! Seek to be the very best, better than all the others. Here is how you do it: give up all your demands and wants and become the servants of everyone around you. Go for it!" Jesus turns the whole thing inside out and upside down. If we want to be seated on God's left and right hand, it is in our "self-interest" to become the servant of everyone else. Jesus loves and wants ambitious people.

Think about some of Jesus' other teachings. In Matthew 7, Jesus said, "Do not Judge …" Why? "… so that you may not be judged. For with the judgment you make, you will be judged, and the measure you give will be the measure you get." Is this not a direct appeal to our self-interest, the avoidance of judgment?

In Matthew 16:25-26, Jesus teaches:

For those who want to save their life will lose it, and those who lose their life for my sake will find it. For what will it profit them if they gain the whole world but forfeit their life? Or what will they give in return for their life?

Is it not the point here that our soul is more valuable than ownership of the whole world? Therefore, is it in our "self-interest" to protect our souls and avoid being deluded by worldly enticements?

What did Jesus say was the second greatest commandment, "Love your neighbor and hate yourself?" No. "Love your neighbor as you love yourself." We love both neighbor AND self. We best do this by making the choices available to us in our contexts that are most in keeping with God's character and values. We love our neighbors and ourselves when we seek what God seeks for our neighbors and ourselves. It is in our "self-interest" to be other-centered.

Now Adam Smith wrote of "enlightened self-interest." As Christians, we believe that true enlightenment comes from God through the Word and the community of believers. People operating according to Spirit illumined self-interest will ALWAYS bring far greater degrees of shalom than any coercive force used to compel good behavior. The practice of Spirit illumined self-interest in the marketplace, and every other sphere of life is precisely what it means to give witness to the Kingdom of God. This demonstration will bend the will of people in the culture toward God.

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Comments

[JP Anderson]

Great reminder. Never heard these verses in the context of self interest. Also, great reminder that our self interest must be spirt illumined - hard to discern though.

JP

[will spotts]

Well done, Mike.

What you are saying has been hard for me to come to terms with . . . for some reason I have tended to view self-interest as bad -- as if this were a necessarily Christian view. But it can't be denied that *at least enlightened* (and not predatory) self-interest has contibuted to the well being of a far greater number of people than have philsophies based on its denial. To do something that in effect harms others because we want to feel virtuous for our lack of self-interest is, in reality, remarkably selfish.

[Michael Kruse]

Thanks guys. I think I first came across King's speech about 25 years ago. His insight struck me like a 2X4 then and still does when I go back and revisit it today.

Somewhere we have gotten a strange notion that to take interest in ourselves is sinful. Yet Jesus died for us (meaning we are each of inestimable worth) and based his ethics on the assumption that we would love ourselves. If Jesus loves me, then why shouldn't I love me? The problem is not that we love ourselves but that we are so confused about how to love ourselves justly and rightly before God. It is elevating ourselves above proper reatlionship to God and others that is selfishness. I keep learning this lesson over and over.