Article January 9, 1989 Issue

Second Thought

Looking again at news and commentary

by Andrew Phillips,—February 25, 1988

The Listener

"Twenty years ago, Britain's newspapers made only modest reference to money matters. Today, their business sections are almost as long as the news pages, and a myriad of papers and magazines are devoted to nothing else. Money, after sex, dominates most of the tabloids.

"The price is moral schizophrenia—Monday to Friday money man, Saturday-Sunday social man. Sensing all this, thinking people, Christian and non-Christian, are re-examining Christ's repeated warnings about money, wealth and power and what they are apt to do to those who scramble for them or cling to them.

"The tendencies are not all one-way. The charity Business in the Community, formed by private sector lenders only a few years ago, has grown rapidly in support and activity, particularly where the problems are more intractable—among minorities in the run-down city areas. What is more, business ethics are forcing themselves on to the agenda in business, schools and larger companies. The Institute of Business Ethics was formed a year ago.

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