Article
Ambition
Comment
Death & life
Economics
4 min read

Forget the Rich List, wealth needs deeper foundations than money

Your neighbourhood might be cool or gentrified now, but where will you go when you die?

Jamie is Vicar of St Michael's Chester Square, London.

A red Ferrari parked on a posh London Street
Parked Ferrari off Belgrave Square, London.
John Cameron on Unsplash.

To drive from Clapham to north of the river in London, you go past a warning sign. It's not an LED flashing one, instead it's painted on a Victorian building in uneven serif lettering:  

'For what shall it profit a man, if he shall gain the whole world, and lose his own soul?'  

It implies that the man (or the woman) on the Clapham omnibus, whatever their wealth, ignores it at their peril.  

I recently made that same journey from living in Clapham – a place of relative wealth to one of alleged extreme wealth, in Belgravia. My initial reflections are that people are people, and that wealth doesn't resolve all our problems. There's actually far more poverty, both physical and spiritual, than meets the prejudice. 

But that Victorian sign speaks to our aspirations, for those with a little, and those with a lot. We think that more is more. Cities feed the striver, and in that pursuit of wealth some argue that our cities are losing their souls. While South-West London might not be the most drippingly cool places in London, they have historically been places for those who are in professions that are cool-adjacent. Of those involved in academia or journalism, Josiah Gogarty wrote in the New Statesman:  

'These professions never promised luxury, but they did deliver a respectable middle-class lifestyle for even the moderately successful. But try buying a house in centralish London today off an income that isn’t made in, or by servicing, the City.'  

As it happens, this week I heard one journalist on the radio saying a comfortable amount to have in his bank would be £7 million. How much is enough? 

But for grads in service professions with healthy cashflows and bonuses, you can still rent in ‘centralish’ London. No doubt the affluent who house-share have buoyed Clapham Common Westside into the position of having the highest average household wealth of anywhere in the UK, at over £100k. Gogarty continues:  

'Call it Claphamisation, after the London neighbourhood of choice for graduates with dependable jobs and straightforward tastes. Gentrification took your money, or forced you to care about money more than you would’ve done otherwise. Now Claphamisation is coming for your cool.'  

In other words, gaining the world means losing your soul. 

Both riches and coolness are irrelevant as the casket is lowered into the ground. 

But even those markers of mainstream wealth and its own version of cool are uncertain as the annual Sunday Times Rich List over the weekend reflected. Your heart mightn't bleed for those falling off their perches, with a threshold of £350 million. But economic turbulence also unsteadies the presumed foundations of wealth. 

Wealth needs a deeper foundation than money. And soul needs a warmer foundation than cool. Harvard Professor Dr Arthur Brooks, says that love is 

 'what the human heart really, really wants. And a lot of people are thinking, you know, if I have the money, and I buy the stuff, then I'm going to get more love.'  

Wealth, and I would argue coolness, are intermediaries to this love. 

Tending to our souls means opening ourselves to a love that is far richer than what's on the surface. That's not to say that Christian theology denies the physical, however. It teaches an embodied understanding of our souls. I was all too aware of this standing by a coffin, taking a funeral this week. We are material beings and made of material. But our inner settled-ness in what drives us and what we are devoted to far outweighs the trappings of life. 

I have seen people dazzled by their own wealth and others seriously unimpressed by it. And while most of us would quite like the chance to find out for ourselves that wealth is an imposter, both riches and coolness are irrelevant as the casket is lowered into the ground. 

Those serif letters on that sign on the edge of Clapham are easily ignored. They seem out of place as the cars and Lime bikes zoom past. But the words aren't disembodied: they were spoken by someone. When a rich young man, sure in his own good living and upstandingness, turned his back on Jesus, he was sad, holding onto his wealth. The eyes that looked on him still loved him. 

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Article
Comment
Economics
Generosity
5 min read

This year’s Budget won’t define your future

Dare to be generous in a time of constraint
Rachel Reeves holds a red briefcase up.
Chancellor Rachel Reeves preps.

There’s been much speculation about what Chancellor Reeves will announce on November 26, and it seems the country is holding its collective breath, fearing the worst. As a nation we’ve been privy to the disorganised to-ing and fro-ing of our politicians for a while now (but to be fair to the current government, waffling and backtracking aren’t unique to them).  

For many weeks, the political news reporting hinted strongly at Reeves breaking her election promise and raising income tax. With less than two weeks to go, Reeves decided to scrap the idea of raising income tax, which I’m sure is a relief to many. But the fact that she was steadfastly planning to go back on her word before retreating at the last minute does little to nurture public confidence.  

So, we’re left in a fog of uncertainty and confusion, with very little good economic news to look forward to. Do I paint a bleak picture?  

The real question is, how should I respond as a Christian?  

Living in tension 

So much of the Christian faith is about holding two seemingly contradictory truths in tension. We live in the natural world with all of its limitations, but we also live in a supernatural reality (what Christians call the Kingdom of God) where naturally impossible things become possible.  

One of the tensions surrounding this Autumn Budget – and our present moment – is that despite the government clearly not being able to offer viable solutions, the public’s dependence and expectation on the government to offer such solutions seems to be increasing. The result is perpetual disappointment in our politicians.  

But this shouldn’t surprise us. Democracy’s biggest weakness is that elected politicians are incentivised to say they are making decisions for our benefit, all the while making decisions that are in their own best interest in order to stay in power, offering the public the occasional short-term win at the expense of long-term gain.  

God operates in a different way entirely. He genuinely plays the long game for humanity’s benefit. Though at times it may appear that he is slacking on his promises (i.e. why is there so much sickness and abuse in the world if he is our healer and protector?), but he holds the big picture in mind. We might ask for something and not get it, but he will give us something better because he knows what we really need. He might allow us to fall flat on our faces, but he has a bigger redemption plan waiting for us. Our earthly government does not.  

In that light, we can trust God when his arm appears to be too short, because we know that he will work all things together for our good. His character does not change and His principles aren’t sacrificed on the altar of survival. He’s seen the end from the beginning, and he is committed to his purposes and plans. Unlike our earthly government, God is able to provide above and beyond what we can ask or think. He is able to supernaturally multiply meagre resources. He is able to make a way where there seems to be no way.  

The hard part is, he does require of us to walk in trust and obedience. But this is what true freedom is.   

Dominion  

For Christians, this bleak economic environment presents a great opportunity to be encouraging personal agency and creativity. This is a time to be leaning into entrepreneurship and collaboration, a time to challenge the pervasive narrative of scarcity. In other words, it’s a great time to exercise dominion to a greater degree than we ever have before.  

Considering how badly various parts of the Church have handled this mandate throughout history, it’s understandable that the word dominion might raise a few eyebrows. I want to be clear that dominion is not another word for imperialism or colonialism or any other ‘ism’ that seeks to exercise control over people. Biblically, exercising dominion means to make all of creation flourish, to create order out of chaos, and to bring all things under the Lordship of Jesus Christ. It’s what God commanded human beings to do at the very beginning of our existence, and it’s what Jesus reaffirmed in the Great Commission.  

We do this by modelling a Kingdom way of doing things that brings about righteous results. We do this by thinking differently, by being transformed by the renewing of our minds. We do this by moving in the opposite spirit to the one that is driving the rest of the world.  

Generosity 

We cannot exercise Godly dominion without pressing into generosity. This one is hard, because as so many of us can attest to, budgets are tight, our pay checks aren’t reaching as far as they used to, and it’s incredibly tempting to give in to fear and worry that we won’t have enough. I certainly struggle with this.  

The tension is: when we believe that our God is generous beyond measure, we confidently take a step of faith to continue giving. With the complete understanding that how much we give may need to vary depending on what kind of season we’re in, the truth is that we have resources to share, monetary or otherwise.  

I want to emphasise that generosity isn’t just about giving money. It’s a much fuller picture that furthers the ministry of reconciliation. By giving of all that we have and are, including our time, our hospitality, our attention, our emotions, and our power, we are inviting people into a reconciled relationship with God and man. Our generosity should ultimately be about reflecting the profoundly generous nature of God and the way He consistently brings hope and restoration where things have been badly broken.  

Our response 

It’s crucial to remember that we cannot reflect God’s generous nature without the Holy Spirit. He is present to help us discern how to make God’s Kingdom known in this fog of uncertainty and confusion. He is with us and will lead us.  

We don’t know what’s ahead; the Autumn Budget may or may not have a significant impact on your situation. But if you’re feeling worried about how your finances are going to stretch to the end of the month, God is with you in your lack. And if you’re feeling secure in your ability to remain financially comfortable and weather the storms, God is with you in your abundance.  

Regardless of which category we find ourselves in, our best response is to hold things lightly before the Lord, knowing that everything we have is from him, and everything we have is to be stewarded for his glory.  

Ultimately, our freedom isn’t determined by government policy or the Autumn Budget. Neither is our freedom determined by how much or how little financial security we have. Our freedom is found in maintaining a posture of trust and obedience, and a heart that dares to be generous in a time of constraint. 

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