2015

Purposeful Capital: What the Right Capital can do for the KingdomBrett Johnson

23 August, 2015

The Kingdom Summit, 2015

ISIS is a “good” bad example of Purposeful Capital

“The unpreparedness was not accidental. It happened because of a blind spot in the secular mind…Ever since the rise of modern science, intellectuals have been convinced that faith is in intensive care, about to die or at least rendered harmless by exclusion from the public square.

But not all regions of the world have gone through this process. Not all religions have allowed themselves to be excluded from the public square. And when secular revolutions fail, we should know by now that we can expect religious counter-revolutions.”

The re-emergence of religion as a global force caught the West unprotected and unprepared because it was in the grip of a narrative that told a quite different story.It is said that 1989, the year of the collapse of the Berlin Wall and the end of the Cold War, marked the final act of an extended drama in which first religion, then political ideology, died after a prolonged period in intensive care. The age of the true believer, religious or secular, was over. In its place had come the market economy and the liberal democratic state, in which individuals and their right to live as they chose took priority over all creeds and codes.

Questions I will try to address

• What is “Right Capital”?• What is the Purpose of Capital?• What is Unrighteous Capital?• What are the Consequences of Capital-gone-

wrong?• What can the Right Capital do for the Kingdom

of God?• How do we fix Capital?

What is Right Capital?

“We have to debunk the simplistic notion that financial capital is bad, and that any self-respecting religion would have harsh things to say about capital and capitalists. In fact, we have to see that capital, properly deployed and stewarded, is essential to the wellbeing of families, cities and nations.” - from Repurposing Capital

What is Capitalism?

“Capitalism is that economic system in which people are encouraged to make voluntary exchanges within a system of rules that prohibit force, fraud and theft.”

- Gills & Nash

Conclusion:

• Corruption kills capitalism.

• Intervention stifles capitalism

© Copyright 2011 The Institute. All rights reserved.

The Purpose of Money

What is unrighteous capital?

• Controlling capital– Personal, corporate– Systemic

• Capital accumulation = the goal– Flow-in, versus Flow-through

• Over-stewardship– “Over-stewardship is another form of greed”

• Greed deified– Mammon

Consequences of poor capital

• Systems built on credit• Households over-leveraged• Nations in debt• Easy destruction of paper-based

money• Consolidation of power in the

hands of few– “Too big to fail” syndrome– Too easy to manipulate

• Nations failing

The global credit crisis has impaired the ability of banks, investors and governments to provide a sufficient amount of long-term capital required to finance important economic sectors. In the U.S., which is over three years into the economic recovery, there are still corporations and investors that are squatting on the sidelines, hoarding $2 trillion, while our nation suffers a near eight percent unemployment rate ... many of our citizens and their cities and towns are still struggling with bankruptcies, falling bridges and closing schools.

CORPORATELY NATIONALLY

What can Right Capital do?

• Break cycle of poverty

• Fund one’s calling

• Nurture next gen godly aspirations

• Impact Investing

• Democratize capital

• Create wealth• Tackle giants• Bless nations

• Climate for peace, righteousness

• Steward infrastructure

• Underscore national calling, purpose

• Re-capture the “storehouse”

INDIVIDUALLY

What must we do to “fix” Capital?

1. Understand the “era” we are in

2. Personally: grasp the Principles of Faith-based Financing

3. Corporately: get capital backs to God’s purposes

© Copyright 2011 The Institute. All rights reserved.

Eras

of C

apit

al

© Copyright 2011 The Institute. All rights reserved.

© Copyright 2011 The Institute. All rights reserved.

Repurposing Capital

© Copyright 2011 The Institute. All rights reserved.

Repurposing CapitalFaith-Based Banks, PE

Firms, VCs, Funds

Policy

Guidelines

Not “finance as usual”

Transparency, excellence,

purity

What the right capital can do for the kingdom: fulfill the Purpose of Capital

• Expanding order• Fulfilling God’s plan

for history– Discipling

Nations– Transforming

Society• Giving Jesus R.O.I.

• Fueling entrepreneurship

• Funding businesses

• Supporting meaningful work

• Funding calling(s)• Creating wealth

2015

Purposeful Capital: What the Right Capital can do for the KingdomBrett Johnson

23 August, 2015

The Kingdom Summit, 2015