Wayne Grudem explained that profit is “fundamentally good and provides many opportunities for glorifying God.” Profit is an indication of good stewardship.

If the newly reconfigured Congress is concerned about America’s economic recovery one would hope that lawmakers would want to create the best possible environment for businesses to make profits.

Profitable companies provide jobs. Unprofitable companies cut jobs. If lawmakers and the Obama administration continue the Bismarckian approach of taxing businesses and wealthy citizens to pay for government-created projects and services it will interfere with entrepreneurs’ ability to create jobs.

When people are able to meet their needs in solidarity with others through employment there is less need for government to confuse itself as a beneficent institution and properly view itself as an institution providing a just context, established by the rule of law and property rights, to support the flourishing of economic, social, and moral spheres.

Both Protestants and Roman Catholics understand the social good that profit plays in helping the social needs of the people. In the book Business for the Glory of God, Wayne Grudem explained that profit is “fundamentally good and provides many opportunities for glorifying God.” Profit is an indication of good stewardship. “Profit,” wrote Grudem, is “an indication that I have something useful for others, and in that way it can show that I am doing good for others in the goods and services that I sell.”

Read More: http://online.worldmag.com/2010/11/03/profit-helps-the-jobless/