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Rediscovering Values: On Wall Street, Main Street, and Your Street [Hardcover]

Jim Wallis , Tim King
4.4 out of 5 stars  See all reviews (38 customer reviews)


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Book Description

January 5, 2010
When we start with the wrong question, no matter how good an answer we get, it won’t give us the results we want. Rather than joining the throngs who are asking, When will this economic crisis be over? Jim Wallis says the right question to ask is How will this crisis change us?

The worst thing we can do now, Wallis tells us, is to go back to normal. Normal is what got us into this situation. We need a new normal, and this economic crisis is an invitation to discover what that means. Some of the principles Wallis unpacks for our new normal are . . .

• Spending money we don’t have for things we don’t need is a bad foundation for an economy or a family.

• It’s time to stop keeping up with the Joneses and start making sure the Joneses are okay.

• The values of commercials and billboards are not the things we want to teach our children.

• Care for the poor is not just a moral duty but is critical for the common good.

• A healthy society is a balanced society in which markets, the government, and our communities all play a role.

• The operating principle of God’s economy says that there is enough if we share it.

• And much, much more . . .

In the pages of this book, Wallis provides us with a moral compass for this new economy—one that will guide us on Wall Street, Main Street, and Your Street.

Embracing a New Economy

Getting back to "the way things were" is not an option. It is time we take our economic uncertainty and use it to find some moral clarity. Too often we have been ruled by the maxims that greed is good, it’s all about me, and I want it now. Those can be challenged only with some of our oldest and best values—enough is enough, we are in it together, and thinking not just for tomorrow but for future generations.

Jim Wallis shows that the solution to our problems will be found only as individuals, families, friends, churches, mosques, synagogues, and entire communities wrestle with the question of values together.



Editorial Reviews

Review

"Jim Wallis argues persuasively that the financial crisis is also a moral crisis. A vivid storyteller and prophetic voice, he shows how the worship of markets has led us astray -- and how repairing the economy requires a moral awakening and a new commitment to the common good. This wise and hopeful book points us toward a new economy and a more spiritually satisfying public life." -- Michael J. Sandel -- professor of government at Harvard University and author of Justice: What's the Right Thing to Do?

"One does not need to agree with Jim Wallis on everything to find Rediscovering Values insightful and timely. In our current economic struggles, Wallis sees an opportunity, not just for recovery, but for the renewal of important, neglected ideals. This is a needed voice at a challenging time." -- Mike Gerson -- chief speechwriter to President George W. Bush, author of Heroic Conservatism, and a columnist for the Washington Post

"As readable as it is challenging, this book shows us all how to build a moral recovery that is good for the family, the nation, and the world." -- Sharon Watkins -- general minister and president of Christian Church (Disciples of Christ)

"I am part of a generation of young people - Jews, Muslims, Christians and beyond - who view faith as a bridge of cooperation and an inspiration for social justice. Our model is a man who has lived these values, the Reverend Jim Wallis. We are coming of age now, the Jim Wallis generation, and we are ready to change the world." -- Eboo Patel -- Executive Director of Interfaith Youth Core and author of Acts of Faith

"One of America's most thoughtful, provocative and powerful prophetic voices does it again. With moral incisiveness expressed in terms accessible to all, Wallis impressively weaves together, economic theory, corporate realities, cultural analysis, and religious values to put a human face on, and bring moral clarity to, our economic crisis. His delineation of the responsibilities of corporate America ought to be studied in every corporation and business school. Religious leaders of any faith looking to address the corporate responsibility in our economic crisis will find no more eloquent, incisive or morally powerful guide than Rediscovering Values." -- David Saperstein -- Director and Counsel of Religious Action Center of Reform Judaism

"Wallis is the most influential and visionary religious leader of our time. His broad appeal and impact are reminiscent of Reinhold Niebuhr and Martin Luther King Jr. Not only has he provided clear intellectual direction for our political, cultural, and spiritual renaissance he has launched a movement to renew the church and our democracy." -- Robert M. Franklin -- President of Morehouse College and author of Crisis in the Village: Restoring Hope in African American Communities

"At this critical time in history, Jim Wallis offers a guidebook for all who long to reflect wisely on our personal and corporate choices and return to true Biblical values that offer hope to this broken world." -- Lynne Hybels -- Advocate for Global Engagement, Willow Creek Community Church

"Is it possible to change the world's trajectory? Can we create a new moral compass in the aftermath of the recent economic crisis? In Rediscovering Values, Jim Wallis argues that the world can change when people of good faith make different choices and act collectively. Read this book and join the movement - Jim calls us, as Jesus did, to challenge the status quo by making 'kingdom' choices." -- Rich Stearns -- President of World Vision US, author of The Hole in Our Gospel

"Could it be that today's problems will actually bring benefit beyond mere solutions? Jim Wallis leads us to the foundational values that will not only improve our circumstances but build our character." -- Dr. Joel C. Hunter -- Senior Pastor, Northland: A Church Distributed

"Agree or disagree -- Jim Wallis touches your heart, stretches your mind, and challenges your values. He thunders like an Old Testament prophet, yet he is gentle and gracious. With a heart for people and a dream for a better tomorrow, Jim Wallis looks tough times in the eye and talks of hope." -- Leith Anderson -- President of National Association of Evangelicals

About the Author

Jim Wallis is a bestselling author, public theologian, speaker, preacher, and international commentator on religion, public life, faith, and politics. He is president and CEO of Sojourners, where he is editor-in-chief of Sojourners magazine. He regularly appears on radio and television, including shows like Meet the Press, the Daily Show with Jon Stewart, the O'Reilly Factor, and is a frequent guest on the news programs of CBS, NBC, ABC, CNN, MSNBC, Fox, and National Public Radio. He has taught at Harvard's Divinity School and Kennedy School of Government on Faith, Politics, and Society. He has written eight books, including: Faith Works, The Soul of Politics, Who Speaks for God? and The Call to Conversion.

Product Details

  • Hardcover: 272 pages
  • Publisher: Howard Books (January 5, 2010)
  • Language: English
  • ISBN-10: 1439183120
  • ISBN-13: 978-1439183120
  • Product Dimensions: 1 x 5.7 x 8.6 inches
  • Shipping Weight: 12.8 ounces
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (38 customer reviews)
  • Amazon Best Sellers Rank: #307,386 in Books (See Top 100 in Books)

More About the Author

Jim Wallis is a bestselling author, public theologian, speaker, preacher, and international commentator on religion, public life, faith, and politics. He is president and CEO of Sojourners, where he is editor-in-chief of Sojourners magazine. He regularly appears on radio and television, including shows like Meet the Press, the Daily Show with Jon Stewart, the O'Reilly Factor, and is a frequent guest on the news programs of CBS, NBC, ABC, CNN, MSNBC, Fox, and National Public Radio. He has taught at Harvard's Divinity School and Kennedy School of Government on Faith, Politics, and Society. He has written eight books, including: Faith Works, The Soul of Politics, Who Speaks for God? and The Call to Conversion.

Customer Reviews

Most Helpful Customer Reviews
117 of 120 people found the following review helpful
4.0 out of 5 stars Wallis at his best January 3, 2010
Format:Hardcover
I began reading Jim Wallis when I was in seminary, and of all his books, my favorite is his book The Call to Conversion , which I consider to be a classic moral text for American Christianity. I've also enjoyed the lesser known Faith Works, but I found two of his recent books to be too much about politics and not enough vintage Jim Wallis.

But his newest book, Rediscovering Values: On Wall Street, Main Street, and Your Street , is a return to the themes and to the fire of his classical period of fighting for American Christians to cut back and help the poor and to take stock of how we live. This is the most personal of his books -- the stories about his two boys and baseball and their night time prayers are priceless. It is also the most generous and pastorally sensitive. (Never mind that one of my (our) North Park students, Tim King, got to write The Epilogue.)

This books calls America, and Christians in America, to ask not "How can we recover our economy?" or "How can we get back to way things were?", but to ask "How can this economic crisis change us?" and "What can communities of faith do about it?" Wallis fears that we want to go back to the way things were, but the way things were got built on sandy foundations and reckless speculation and spending. Instead, in this book he calls us back to the values that can make a society strong and a church a witness to God's justice and peace.

Like Tim Keller, Wallis thinks the decades leading up to our economic crisis were rooted in idolatry, where greed was good, where it was all about me, and where the idea of "I want it now" ruled the day.
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27 of 29 people found the following review helpful
5.0 out of 5 stars Going beyond the capitalism/socialism impasse January 21, 2010
Format:Hardcover|Amazon Verified Purchase
I've been reading Jim Wallis's writings for the past few years now on the Sojourners blog, but this is the first book I've purchased of his. Ralph Waldo Emerson once wrote, "To be great is to be misunderstood." When I Google Jim Wallis I notice that his critics all but accuse him of being a member of the communist party. These same critics are the ones that seem to think that if you don't believe the market should run everything, then you must be a Marxist!

I think that Rediscovering Values can go a long way to silence Wallis's critics if they would just give him a listening ear. Jim Wallis is not saying that he favors a centrally planned economy over a market economy. Neither is he trying to replace capitalism with socialism....or any other "ism." What Wallis is saying is that the private sector, the public sector, and the civic sector should all serve as a system of checks and balances against the other, and neither can function properly without a moral compass that looks out for the common good of all.

Very well written and highly recommended!
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22 of 23 people found the following review helpful
5.0 out of 5 stars Wallis Strikes Again! January 19, 2010
Format:Hardcover
There is perhaps no more relatable ethicist in America than Jim Wallis. His common sense approach and easy to read prose get across points that would either be overcomplicated or fall flat in less adept hands. With "Rediscovering Values" Wallis aptly points out that the financial crisis was, in a broader sense, a moral crisis. As people have increasingly put their faith in the markets they abrogated any sense of responsibility to ensure their investments were indeed in capable hands. The increasingly higher returns lulled investors into a false sense of security which ultimately led to the calamitous collapse of the markets. And as with his earlier books Wallis does not let readers off easy, and instead argues that each individual has an obligation to renew their own sense of ethics and morality rather than assuming others will act in such a manner. But Wallis views this as an opportunity, or a teachable moment, rather than acting as a scold. The result is a book that is challenging, yet also invigorating. Wallis is preaching not just to individuals, but to society and specific businesses and leaders as well. What makes our society great is that we have an unspoken and unwritten contract between us all to act in an ethical and moral manner. Failing to do so will result in condemnation in the marketplace; something currently unfolding throughout our economy as we speak. Fail to act in an ethical and moral way and not only will your business face the consequences, but your career will as well; something aptly pointed out by all the out-of-work investment bankers.

And rather than being an anti-business screed, "Rediscovering Values" lays out a number of principles for people to follow to set themselves on the right financial path going forward.
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9 of 9 people found the following review helpful
3.0 out of 5 stars Transformational Moment January 27, 2010
Format:Hardcover
"The economic crisis presents us with an enormous opportunity: to rediscover our values - as people, families, as communities of faith, and as a nation." So begins Jim Wallis' newest book, which issues a rally cry to embrace a "transformational moment" in the history of America. Wallis does this by identifying how we got here, what we got ourselves into, and the way out.

Although I don't agree with every point Wallis makes, he has challenged me to rediscover the core values of my faith and respond. For example, as I try to live as a Good Samaritan, I was challenged to remember that "The gospel story of the Good Samaritan teaches an age old lesson that we must reach out to other human beings in order to be human ourselves and that we will likely have to cross some traditional social boundaries to do that."

Readers of the book will see how they can use this transformational moment to regain balance by remembering that enough is enough, that we're in it together, and that our aim must be to "develop an ethic of a sustainable economy and sustainable communities and to teach that ethic to our children."
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Most Recent Customer Reviews
4.0 out of 5 stars We are all in this together.
Jim Wallis in this CD series speaks to us about the common good.

Every thought, decision that we make can affect one another. Read more
Published 29 days ago by Jackie M. Sthilaire
4.0 out of 5 stars Values
Jim Wallis is a powerful writer; one of the prophets of our day. He helps one look at what your really value in your life.
Published 1 month ago by Dorothy Higdon
5.0 out of 5 stars Beyond Expectations
I read this book because it is on the United Methodist Women Reading List. I thought it was very good - lived beyond my expectations. Read more
Published 2 months ago by patsy edwards
5.0 out of 5 stars Good Readng
The author did a very good job in raising new questions and in giving opinions as to what we can do to change for the better.
Published 2 months ago by Roger L. Reid
5.0 out of 5 stars Eye-Opening
Opend my eyes to a lot of the pain and suffering caused by the recession. Also, made some good points I had never considered. This book impacted by lifestyle for the better.
Published 4 months ago by SSpence
5.0 out of 5 stars To serve.
This book reminds me that, in Christ, freedom means that we are free, not to be self serving, fit for others.
Published 5 months ago by Old Old-timer
5.0 out of 5 stars Jim Wallis at his best
Rediscovering Values: A Guide for Economic and Moral Recovery was well written and discussed important current issues from individual, community, and national perspectives.
Published 6 months ago by Diann M. Sherwin
5.0 out of 5 stars Rediscovering Values- wish I'd read it last year
Rediscovering Values- what went wrong with our economic values and how we can move from a consumer economy to a sustainable economy. Read more
Published 7 months ago by 3 D Dynamo
4.0 out of 5 stars Excellent, enlightening read!
Jim Wallis gives us much food for thought in this easy-reading book. Our reading circle read this book as a study and found t Wallis's view of the importance of morality vs. Read more
Published 14 months ago by kk
3.0 out of 5 stars Book is great; EBook could be better
I bought this book to participate in a discussion group on this topic. It has done a great job of sparking lively discussions about our current economic situation and how we might... Read more
Published 15 months ago by K. Redford
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