Vocation, Shalom, and Economic Growth

This set of flashcards covers key concepts related to vocation, the notion of shalom, economic growth, and the intersection of social responsibility and business effectiveness.

Vocation

Turning into God's call; encompasses all of daily life including primary calling to love God and love others.

Primary Calling

The call to love God and love others expressed in every area of life.

Shalom

A vision of how things ought to be, where each person enjoys justice and harmonious relationships with God, self, others, and nature.

City of God vs. City of the World

Calvinist conflict acknowledging the contrast between divine and secular societal structures.

Idols in Modern Society

Things treated as if they hold ultimate worth, such as technological progress and economic growth.

Gouzwaard's Critique of Economic Institutions

They do not follow proper norms and are not open to the norms of other institutions.

Cultural Mandate

The instruction to master the world for the benefit of humanity, emphasizing stewardship.

Justice Mandate

The obligation to protect and honor individual rights and liberate the oppressed.

Malthusian Trap

A situation where technological advances lead to population growth rather than improved living standards.

Financial Bottom Line (FBL) Approach

A business approach that maximizes shareholder value as the primary goal.

Triple Bottom Line (TBL) Approach

A business strategy that balances financial performance with social and environmental responsibility.

Social Ecological Thought (SET) Approach

Focus on social and ecological aspects of business rather than purely financial metrics.

Double Materiality

An assessment approach that considers sustainability issues from both impact and financial perspectives.