There is nothing wrong with profits, and there is a perennial need for profits, always.
Profits enable the payment of a just wage, perhaps savings for the expansion of a business, and the development of more useful ideas and products and more employment, as well as contributions to charities and individuals in need.
“The entrepreneur can (and should) work for the development of the common good. This is a consistent feature of the Fathers of the Church, of St Thomas Aquinas and other Scholastic theologians.
Entrepreneurship in the Catholic Tradition, Fr Anthony G Percy, Lexington Books, 2010, p 81].
That Christ supports work and enterprise in pointing to our spiritual welfare, which is what we are commanded to do, is irrefutable and not condemned anywhere in Sacred Scripture. Those concentrating on the spiritual can, and may, fail to see Christ’s support for work, as Fr Percy elucidates. We are dealing with principles of cause and effect NOT theories.
The error of confusing the vices of people with the plain and evident support of Jesus for prudence, justice fortitude and temperance in commerce seems never-ending.
In Matthew 25:14-30, we find Jesus’ Parable of the Talents.
As with all parables, its meaning is multi-layered. Its eternal meaning relates to how we use God’s gift of grace. With regard to the material world, it is a story about capital, investment, entrepreneurship, and the proper use of economic resources. It is a direct rebuttal to those who insist that business success and Christian living are contradictory.
Christ shows the reality that wealth needs to be produced before it can be distributed.
In the parable of the talents, Jesus lauds the servant who has multiplied talents – “For to everyone who has, more will be given, and he will have abundance; but from him who does not have, even what he has will be taken away. And cast the unprofitable servant into the outer darkness. There will be weeping and gnashing of teeth.” (Mt 25: 14-30). Christ certainly praised the wise use of the fundamental right of economic initiative and prudence in this parable.
- “There is the emphasis on the ‘talent’, which is a measure of value.
- “The trading activity of the two stewards is important. Christ praises them for the energy, alertness, and perseverance they demonstrate in making a truly significant profit (they have doubled the original sum). There is a reference to accountability which is crucial to any business.
- “Then the nuanced criticism of fear: ‘I was afraid, and I went off and hid your talent in the ground.’ This fear leads the lazy steward to avoid the risks and obstacles that are a key part of entrepreneurial work.
- “There is the clear reference to the financial system. The lazy steward at least could have placed the ‘money with the bankers, and at my coming I should have received what was my own with interest.’ ”
“We can this affirm unambiguously that Jesus Christ ‘looks with love on upon human work’ and that the work of the merchant – the businessman or the entrepreneur – is one of the ‘different forms’ of work that is affirmed. The parable of the talents makes this clear by its reference to money, trading, risk taking and banking.”
Entrepreneurship in the Catholic Tradition, Fr Anthony G Percy, Lexington Books, 2010, p 48-49].