John Wesley’s advice on the economy
By J. RICHARD PECK
More than two centuries later, the
Wesley, who was 69 at the time, started by asking why. “Why are thousands of people starving – perishing for want, in every part of
He then described the London situation: “I have known those who could only afford to eat a little coarse food every other day … I have known another gathering the bones, which the dogs had left in the streets, and making broth of them, to prolong a wretched life.”
Examining the causes
Wesley blamed several English practices for the impoverished state of the nation:
1. The wasteful use of grain to produce alcohol.
2. Wealthy people who need horses for sport, pleasure and export.
3. Unproductive large farms had replaced small family farms, causing a shortage of poultry, pork and eggs.
4. High taxes. “Enormous taxes are laid on almost everything that can be named. Not only abundant taxes are raised from earth, and fire, and water; but, in
5. The national debt. “Taxes are high because of the national debt.”
Identifying cures
John Wesley believed that most of the economic problems of the day were caused by a growing disparity between the rich and the poor.
He felt the cure was to repress “luxury, either by example, by laws, or both”. He asked legislators to establish laws that would prohibit the distillation of alcohol. While he lamented high taxes upon the poor and middle class, he called for additional taxes on luxury items such as horses and carriages. He suggested people be taxed on what they purchased rather than on what they earned.
He also expressed concern about future generations and called for a reduction of the national debt.
In short, he called for higher taxes on the wealthy and laws that would prohibit the wasting of natural products.
While Wesley did not tell the readers of Lloyd’s Evening Post about his personal actions, he organised groups of Methodists to visit the
Lessons learned
Contemporary application of Wesley’s advice would suggest that the US Congress should reduce taxes on the poor and middle class, add taxes to luxury items, eliminate taxes upon necessities, introduce laws that govern the use of natural resources, and take steps to reduce the US$10 trillion (S$14.8 trillion) national debt – a debt that has increased by 71.9 per cent over the last eight years.
A record 28 million Americans are now receiving food stamps.
While he did not write about his personal actions, Wesley’s life serves as an example to United Methodists about our personal obligation to care for poor and vulnerable persons through a variety of means. – United Methodist New Service.
J. Richard Peck is a retired clergy member of the
QUOTE:
‘Contemporary application of Wesley’s advice would suggest that the US Congress should reduce taxes on the poor and middle class, add taxes to luxury items, eliminate taxes upon necessities, introduce laws that govern the use of natural resources, and take steps to reduce the US$10 trillion (S$14.8 trillion) national debt.’