Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Thursday, 2 October 2014

That's just what we need.

I'm always interested to see what happens when a business closes in Chelmsford High Street. I see it as an indication of what is going on in the economy and something of a reflection of society and our values. Woolworths  was a favourite store of my childhood in Chelmsford and I was sad to see it go. There was a certain irony in Barclays Bank moving into the premises given their contribution to the meltdown of our economy and the demise of many businesses in the subsequent recession.

Another closure in Chelmsford High Street was Jessops the camera shop. The building has been vacant for some time and today I discovered who has moved in, William Hill the bookmakers. That's really what we needed in our city's High Street, another bookies. It's not enough that I can't watch a football match on television without various loud mouthed characters shouting the odds at me for five minutes at a time, shop by shop they are taking over our town and city centres. One of the factors in Jessops' demise was the on-line market which meant they just couldn't compete. There is a preponderance of gambling sites on-line but it doesn't seem to have had too much of an impact on betting shops given the number we now have in Chelmsford. Perhaps it really is a statement about what is going on in our economy and what values we espouse as a society.

Thursday, 20 October 2011

Segment of lost gospel scroll found

‎'On reaching Ludgate Hill, Jesus entered the precincts of St. Paul's Cathedral and began driving out those who were speaking out against the greed and corruption inherent in the capitalist economic model. He overturned the tents of the protesters and the sleeping bags of those pedalling utopian ideals and would not allow anyone to prevent the cathedral restaurant or shop from functioning or infringe health and safety regulations. And as he taught them, he said, “Is it not written:“‘My house will be called one of London's top ten tourist attractions for visitors from all nations’? But you have made it ‘a den of subversive thinking.’ The cathedral authorities heard this and began looking for a way to get Jesus invited to a banquet at the Guildhall, for they feared him, because what at first had seemed like a good idea was now calling in to question the cathedral's very purpose'. Gospel of God and Mammon 15:12-16

Discovered by Nicholas Wheeler an old chum from vicar school who serves as a priest in the City of God, Rio de Janeiro.

For an excellent account of the camp at St Paul’s check out Pete Phillips blog.

Friday, 2 September 2011

An unholy trinity

Earlier this week I entered hell. Bank holiday Monday hell. Before the weekend my iPad experienced a nervous breakdown and I was booked for an appointment at the Apple Genius Bar to exchange it. Unfortunately, my nearest Apple store is at Lakeside shopping centre and so at lunchtime on a bank holiday I headed to an icon of modern day consumerism with another icon of the same tucked under my arm. My journey was surprisingly smooth and I was in and out of the shopping centre with little delay thanks to some excellent service from the Apple staff. Not quite the hell I was expecting.

lakeside I know Lakeside well. I served my curacy in a neighbouring parish and was there during the completion of the shopping centre and retail park. I remember my first visit to the site and how impressive the building looked. One thing in particular struck me and that was that Lakeside looked like a temple or a church. The centre of Lakeside is topped by a dome and spire and it reminded me on first viewing of one of the American mega churches from the 1980s.

The image of church or temple is appropriate because Lakeside has become a symbol of our culture’s values and priorities. In the aftermath of the summer riots, which I observed from a distance while on holiday in France, one of the most incisive comments came from French political commentator Agnes Poirer. Many of the foreign papers had taken some time before reporting the story including the French press. This was not a bad thing as it gave them time to reflect in a way that was sadly lacking in many of our media outlets. Poirer, interviewed on the BBC Today programme, argued that the wider social and economic context had to be considered in order to understand the rioting and looting. In a devastating observation she argued that London had become the epitome of inequality in the Western World before going on to suggest that ‘profit, speculation and consumption are Britain’s holy trinity’.

I think Poirer is right. Our culture is obsessed with profit, speculation and consumption. These forces have driven our politics, our economics, our priorities and values as a society. I do not in any way excuse the violence and the looting of the summer’s riots, some of which happened in places I know very well because I’ve lived there and friends and colleagues still do. But I am astonished at the way many of our politicians and commentators refuse to step back and look at the bigger picture. Only this morning the Prime Minister was again reluctant to accept that the behaviour of those in positions of authority and power in our society may bear some responsibility for what took place on our inner city streets.

For decades we have celebrated the Gordon Gekko ‘greed is good’ outlook on life. This attitude crosses the political boundaries. I remember the sick feeling in the pit of my stomach when Peter Mandelson was reported as saying ‘we are intensely relaxed about people getting filthy rich‘. No surprise to discover that Mandelson and his chums have spent a good deal of time holidaying with the world’s wealthiest and once out of office many have touted their services to the highest bidder, one describing himself as being like a ‘cab for hire’. It is this culture that led so many of our politicians to think there was nothing wrong with fiddling expenses, decking out houses with the most luxurious goods on the public purse, playing the tax system to best advantage and all the while condemning the 'undeserving poor'.

And then I remember the reason I was heading to Lakeside and my own part in the whole sorry mess we have got ourselves into. I know that I am just as caught up in the profit, speculation and consumption culture as the next person, be they Prime Minister or brick throwing Hoodie. So I find myself driven back to those words from Romans 12:1-2:
Therefore, I urge you, brothers and sisters, in view of God’s mercy, to offer your bodies as a living sacrifice, holy and pleasing to God—this is your true and proper worship. Do not conform to the pattern of this world, but be transformed by the renewing of your mind. Then you will be able to test and approve what God’s will is—his good, pleasing and perfect will. 

Tuesday, 1 March 2011

Fairtrade fortnight

Fairtrade Fortnight began yesterday and to get you in the mood here’s Harry Hill talking about his nuts.



For more information about Fairtrade check out their site.

Thursday, 2 April 2009

sign of the times (3)

Credit Crunch Lunch: I spotted this sign in Chelmsford and I've seen similar signs going up all over the place as pubs and restaurants compete for business in these straitened times. Even before the current economic downturn over 25 pubs a month were closing and more than 100 restaurants closed in January 2009 according to an article in The Independent.

The sign above was in the window of a pub I have known since I was a teenager. In those days the pub was called The Golden Fleece but these days it is simply called The Fleece (below); now that's a real sign of the times.

Tuesday, 31 March 2009

sign of the times (1)

I sometimes find myself at Poplar DLR station waiting for a connection and gazing over at Canary Wharf. This sign caught my eye yesterday and it seemed to sum up so much about where we are with the economy. A lender reposession auction being advertised right in front of the macho symbols of the very banking system which is causing so much chaos for countries, businesses, communities and individuals. I wonder if any of our world leaders will see it while travelling to their G20 summit at the ExCel centre?

The building to the left of HSBC (below) is the newly constructed KPMG offices. I read the other day that many of these building have plummeted in value wiping millions off the companies' asset sheets. Reminded me of Jesus' saying:
For which of you, intending to build a tower, does not sit down to estimate the cost, to see whether he has enough to complete it? Otherwise, when he has laid a foundation and is not able to finish, all who see it will begin to ridicule him...' Luke 14:28f

Well boys (and these 'masters of the universe' all seem to be boys) no one is laughing now.

Friday, 7 November 2008

the golden bull

This extraordinary photo was taken on 29th October in Wall Street. It features a goup of people praying for the stock market as they lay hands on the Wall Street golden bull (OK it's really bronze). Now I'm sure I read somewhere in the Old Testament that people praying around such objects was not a good idea (Exodus 32). You can find an explanation for this extraordinary activity here.

For a more considered reflection on the present financial crisis check out the following:
Bishop John Gladwin: 3rd November House of Lords debate.
Revd Dr Graham Tomlin: Thoughts on the financial crisis.

Tuesday, 27 May 2008

futile fuel protests


Great blog by Sam Norton on the fuel protests. It does seem that many people are deluding themselves if they think we can go on consuming oil at the current rate and not expect it to get more expensive as resources dwindle. Sam puts forward a persuasive argument on the subject of Peak Oil and challenges us to think more creatively about our life styles and energy needs.