Idol Chatter, Public Discourse

Genuine idolaters (courtesy of

A couple of weeks into the Occupy Wall Street uprising, the movement began to reveal a “spiritual side,” as USA Today headlined it, and since then the prophetic showing has been emphatic at the demonstrations in New York, Boston, and elsewhere. Like other occupiers, the spiritual ones are piqued by corporate greed. A number of them take the further theological step of declaring that Wall Street worships false gods, namely money.

In a detailed roundup for Religion News Service, correspondent Jack Jenkins described one bracing scene in New York on October 9:

On Sunday, a diverse group of New York religious leaders marched to Zuccotti Square carrying a handmade golden calf fashioned to resemble the iconic bull statue near the New York Stock Exchange.

“We think Wall Street has become idolatrous,” said the Rev. Donna Schaper, senior minister at New York’s Judson Memorial Church and one of more than 50 clergy who joined the New York protest, independent of the chaplains group.

“I’m not saying God is against the people of Wall Street, but I think God is sick of Wall Street taking more than they deserve.”

The golden calf harkens back of course to the Exodus account of when Moses went up Mount Sinai, leaving the Israelites to their own spiritual devices for 40 days and nights. Not knowing when or if he’d get back to guide them in faith, the Israelites molded the object out of golden earrings, and bowed to it.

The biblical motif is resonating in the choir lofts of the 99 percent. “We believe that too many in our culture worship the false idols of profit and selfishness, which all too often comes at the expense of others,” declared the Washington group Catholics United, which is an organizing a “Catholics Occupy K Street” presence at D.C. rallies.

Where’s the Path?

It’s hard to argue with the proposition that greed is ungodly and that it helped trigger the financial dissolution that has finally sent people into the streets. Still, pronouncing on the mortal sins of one’s political opponents—as much fun as that could be—isn’t the only option for faith-based activists. It’s possible to speak up for economic justice without declaiming against idol worship and other evil-doing.

The spiritual occupiers have offered glimpses of this possibility, even as they’ve paraded with the young bulls. As Jenkins noted, they’ve also held signs reading “Blessed are the Poor,” which is a social theology in itself. They’ve invoked biblical teachings like the Golden Rule, which would, in this context, discourage behavior that enriches some people while impoverishing others.

All of the major faith traditions represented in the occupation (and they are a big interfaith tent) have systems of social ethics with teachings about wealth and poverty. These include what is phrased in Catholic social teaching as “the social mortgage” (fortuitously, in light of Wall Street’s mortgage meltdown), which fixes a public claim on a portion of private wealth. Part of the idea is that the accumulation of wealth is inconceivable apart from social relationships and public institutions.

And yes, there are times when a faith community has to name certain patterns of social, political, and economic behavior as sinful (if not demonic, which is a sort of nuclear option). It’s hard to get this right, when speaking in the public square. How do you balance prophetic denunciation with public discourse that continues rather than ends the conversation? Where’s the path to moral and political consensus?

This past weekend at the dedication of the new monument to Martin Luther King, Jr., on the National Mall, President Obama spoke intently to the question. He said King realized that to “bring about true and lasting change, there must be the possibility of reconciliation; that any social movement has to channel this tension through the spirit of love and mutuality.” The president added that King would remind us today that people can and should “challenge the excesses of Wall Street without demonizing all who work there.”

And that’s what the occupiers, both spiritual and not so much, have been doing on their good days.


  1. Protesting without demonizing? What fun is that?

    On the other hand, and more seriously, I would like the last three grafs amplified in a future post.

    • William Bole says

      Thanks. As I said, it does take some of the fun out of it. Footnote: Today the Vatican issued a statement that condemns “the idolatry of the market” (according to a provisional English translation of the document).

  2. Greed Meister says

    The financial industries are guilty of destructive greed, but they feed off the greed of others. And they feed the greed of others. Sometimes parasite and host switch positions.

    Madoff could not have thrived were not it for the unquestioning greed of his investors, who undoubtedly knew that guaranteed 12% rates of return were impossible. Madoff should suffer, but so should his investors.

    Realtors, loan agents, home buyers, Banks, and investors were all guilty of dishonesty and dangerous forms of greed. Buyers lied about their income, and borrowed to buy property without regard to whether or not they could afford it. Loan agents didn’t check income–and often knew something was wrong–because they liked the commissions. Banks knew they could clear the loans through Fannie & Freddie, and through Investment Banks. Investment Banks bundled risky loans as AAA financial instruments, without proper checking, so that they could meet the 401K/pension/investment demands for skyrocketing mortgage backed securities. These securities grew so quickly in value that those who created the risky securities were enticed to buy their own poorly-backed securities. They eventually ate their own dung. Risk was averted through insurance from companies like AIG who couldn’t possibly cover the overall risk. Risk was distributed world-wide through CDS and hedge. Finally, the cancerous greed invaded every cell of our world-wide financial system.

    There was an unbroken chain of greed all the way from bottom to top. Everyone was aware of their own complicity, but they didn’t understand the grand conspiracy. The final Government report on the matter was a indictment of everyone, from the poorest home buyer, to the wealthiest Banker. Many people knew what they were doing was wrong, but they didn’t care. After all, nobody would be hurt by the greed in their own little corner of the world. What most people didn’t know was just how widespread the corruption had become.

  3. Vincent G Sbano says

    Wait, where did the Israelites get the gold to build the Idol. Wern’t they just slaves in Phaoroh’s land and then travellers in the wastelands ? Where did they have time to stop and buy jewlery ? I appreciate the Church’s effort to realize a system of economic morality out of the teachings of a 1st century Jewish eschtological preacher who seems to have said sell everything follow me the world is about to end.

    • William Bole says

      Maybe they saved their Flight from Egypt Commemorative Gold Coins. Anyway, take another look at Luke and Matthew, if not Leviticus and the Old Testament gang. There’s a lot in there.

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