Don Flow
Resources
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Title | Language | Resource Link(s) | Subject | |
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Profit |
Sample Profit, as defined by the accounting profession, is the excess of a business’s total revenues over total costs. Economists define pure profit as the amount of money remaining after making all payments for productive services and raw materials after the going rate of payments for the capital invested has been deducted. Profit is the estimated claim on wealth that can be used as capital for new efforts to create wealth. A Christian perspective on profit requires a correct understanding of what profit actually is, how it is created, who has a just claim on it and what role it plays in a business, all in the context of a biblical understanding of human nature, stewardship, justice and community. |
English | Marketplace Theology | |
Toward a Theology of Profit |
Sample TOWARD A THEOLOGY OF PROFIT by Don Flow Profit, as defined by the accounting profession, is the excess of total revenues over total costs. Economists define “pure profit” as the amount of money remaining after making all payments for productive services and raw materials after the going rate of payments for the capital invested has been deducted. Profit is the estimated claim on wealth that can be used as capital for new efforts to create wealth. A Christian perspective on profit requires a correct understanding of what profit actually is, how it is created, who has a just claim on it, and what role it plays in a business, all in the context of a biblical understanding of human nature, stewardship, justice, and community. Understanding Profit Profit in an organization must be understood in the context of the productivity of capital. In the long term, the return on invested capital must exceed the cost of capital to the organization. If the firm fails to do so, it is technically a destroyer of all kinds of wealth in society -- finances, intellect, and humanity. |
English | Spirituality and Work |