The Importance Of Morals For Society

Without morality, the market would destroy itself. Critics believe market economy and globalization have developed habits, beliefs, and institutions that hinder social and ethical agendas. In its efforts to reduce child labor, poverty in poor countries, the promotion of gender equality and environmental protection, market economy and globalization is everywhere. However, over the past century, theologians, scholars, and economists continue to debate the effect markets have on society and different environments. Adam Smith, the father of economics, was able connect the two themes of morals and markets in his book, The Theory of Moral Sentiments. He discovered that markets serve human needs properly only if markets operate in a moral context. The purpose of this paper is to prove that markets without morals leads to destruction; this composition will include determinants of priorities for society, an explanation about how commercialism is replacing Christ centered morals, a research on other macroeconomic concepts and biblical teaching studied, …show more content…
It is not wrong to invest in the stock market, especially if it is to invest in the Kingdom of Heaven and further the gospel. Based on the Word of God, God is not opposed to the rich, but He condemns those that are only rich for their own lusts. Christians should be wise stewards with what God has given His people and His church while on earth. It should be a mission of God’s people to use the riches and resources God has granted to give to the poor. As a result of such generous giving, God will bless those that give sincerely with their hearts. Proverbs 19:17 says, “Whoever is generous to the poor lends to the LORD, and he will repay him for his deed.” This is what Jesus meant by saying, “whatever you did for one of the least of these brothers and sisters of mine, you did for me” (Matthew