Wednesday, February 04, 2015

Justin Welby on Wealth, Tax, Sin and Business

"I'm strongly in favour of the creativity of wealth and jobs and risk taking and all that goes with that," 

"[But] with wealth comes power and with power comes a temptation to misuse power. There's a reality of the human condition, which Christians call sin, what the Bible calls sin - don't misuse the power you have through wealth."

"But you don't throw the baby out with the bath water and say that business is bad, you say that there needs to be solidarity and that there needs to be a regulatory framework that does not allow the abuse of power but gives the freedom for creativity."

Justin Welby, interviewed by the BBC in advance of a speech this evening on the economy.

There's also a prod at the whole Boots boss/taxes saga 

"There has always been the principle that you pay the tax where you earn the money. If you earn the money in a country, the revenue service of that country needs to get a fair share of what you have earned."

update: here's the full text of the speech. 

update 2: the CofE's daily news digest has links to the media coverage of the speech, 

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