Customer Reviews

Cash Values: Money and the Erosion of Meaning in Today's Society (New College Lectures)

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Craig Gay takes a look at modern capitalism from a Christian perspective in Cash Values. In three chapters, Gay presents the benefits of capitalism, it's unintended consequences to society, and some ideas for a Christian approach to the subject. While the book is not long on concrete suggestions, it is a thoughful interaction steering a middle course between rejection of the free market and uncritical acceptance.

Gay's book is a welcome effort to correct any modern society that tends to know the price of everything but the value of nothing. It argues cogently that, capitalism for all its power to generate money, is ill-equipped to produce meaning. Without throwing away capitalism totally, Gay helps us look at it redemptively via an 'economy of shrewd stewardship.' He concludes by urging the reader not to be 'overly critical' of capitalism for its ills, nor 'overly concerned' about defending it. His proposal:

"I believe we should use modern capitalism for the sake of our fellow servants, showing them grace, forgiving their debts, unexpectedly lightening their burdens, employing whatever wealth we have - wealth that we know we cannot keep for long - in the service of fellowship and friendship. And we should place our hope in the goodness and above all in the graciousness of God, the God for whom all things are possible." (99)

Overall, this is an intelligent book, well grounded in scholarship and full of wisdom for a world that fanatically believes that money makes the world go round. No. it is the wise use of money that makes the world sound.

conrade