EQUITY
a sermon preached by the Rev. Dr. Tim W. Jensen
at the First Religious Society in Carlisle, MA
Sunday March 7th, 2004
OPENING WORDS: “Not to give to those in need what to you is superfluous is akin to fraud.”
-- St. Augustine
READING: Deuteronomy 15: 7-11 [12-18]
If you type the word “equity” into an internet search engine like Google or Yahoo,
the first “hit” you will undoubtedly come across will be the web page for the
British trade union for actors and other performing artists of that same name.
But if you look over to the side of your screen, at the so-called “sponsored links,”
what you will find will be a long list of solicitation after solicitation for
home equity loans and credit lines. This is how “equity” is most commonly understood
and used in ordinary conversation: the equity in our homes, or perhaps “equities”
in which we invested the form of common stock, “shares” of some commercial enterprise
which we own “corporately” in the company of other investors. And just as an aside,
I learned the other day (from a very credible source), that there is now over
a billion dollars worth of real estate equity here in the Town of Carlisle. A
billion dollars is a lot of money, by any measure...and of course, because I live
in a church-owned parsonage, I don’t actually share in any of it. But that doesn’t
mean that I’m not invested in this community, or that I don’t have an interest
in what goes on here, sharing in the ups and downs of the fortunes of my neighbors
and fellow creatures.
The word “equity” itself comes from the Latin word “æques” meaning “equal” (and
which should not be confused with the similar sounding “equus” meaning “horse”).
If you look it up in any half-way decent unabridged etymological dictionary, you
will basically find some combination of the same small handful of definitions,
all of which build in slightly different directions on this original root meaning.
In its most basic sense, “equity” means “fairness,” and “equitable” is essentially
a synonym for “fair” or “even-handed.” More precisely, equity refers to the legal
principle of impartiality, which asserts that every individual has the same right
to be fairly heard, and to stand equally with all others before the law -- that
we are all entitled to our day in court.
Then comes the financial sense that we’ve been talking about already -- the value
of Property (most typically, but not exclusively, Real Estate) minus the amount
owed against it...in other words, the part you own “free and fair,” without encumbrance,
and which you have a right to redeem in a reasonable time even in the event of
foreclosure by a creditor.
Finally, and perhaps most specifically, “Equity” refers to a system of legal rules
and doctrines which resorts to general principles of fairness and justice, at
times even superseding existing statutes or the common law, whenever established
law proves inadequate for just settlement and an equitable resolution of a problem
or conflict. In other words, Equity law is basically carte blanc for all
those so-called “activist judges,” who are empowered by centuries of British and
American legal tradition to root out injustice whenever it comes before them,
by relying upon their own best judgment, and a fundamental spirit of fairness
and equity .
Now all this leads me to the real question that I want to look at today, which
is How do we go about creating “equity” in a Society? -- the kind of community
which not only embraces basic principles of fairness and impartiality, but also
one in which everyone gets a fairly even-handed opportunity to “buy in” and enjoy
an equitable share of its underlying “value.” This is obviously a very complicated
topic, and certainly not one which we are going to be able to exhaust in just
a few minutes preaching on a Sunday morning. But it’s also a problem that should
deeply concern each and every one of us, since it directly affects the quality
of both the local and the world community in which we live. Theologians and Social
Ethicists in particular sometimes talk about this problem in terms of Economic
or “distributive” Justice -- how do we fairly divide up the wealth of a society,
so that everyone receives an equitable share?
Not necessarily an equal share, since that would probably be impossible even if
it were desirable. But an equitable share -- a fair share -- whatever
that may be. Enough, perhaps, to keep body and soul together. Or maybe enough
to assure every individual of life, and liberty, and perhaps even a little happiness...or
at least the opportunity to pursue it. Economic justice is about more than merely
an equitable distribution of wealth. Ultimately, it’s about relationships -- about
benefits and privileges, rights, duties and responsibilities, and how they are
shared within a society. Who owes what to whom and why? What kind of obligations
do those whom God has smiled upon owe the less-fortunate, and what must the latter
do to collect?
Ideas about what is fair and equitable vary from place to place and over time,
and even for a single individual over the course of a lifetime. A young child
will scream “That’s Not Fair!” whenever they don’t get their way, but as we grow
older we come to realize that life isn’t always fair even though we wish it were...and
that sometimes we can’t get what we want, or even what we need, no matter how
hard we try. Perhaps our ideas about what we “really need” also change over time,
as we come to understand our own needs and the needs of others better and more
completely. Food, Clothing, Shelter, Education, Health Care, the opportunity to
earn an honest living (as contrasted with the opportunity to “make a killing”).
Think about it for a moment: what might you personally add to or subtract from
this list? What about transportation, for example: the freedom to move efficiently
and affordably from place to place? What about the opportunity to fall in love
and form a family...with someone of a different religion? With someone from a
different race? With someone the same sex as yourself? As Americans, we tend to
be uniquely militant about defending our own perceived “rights” and “freedoms,”
but we can sometimes become a little short-sighted when it comes to acknowledging
the accompanying duties and responsibilities, or defending the rights of others....especially
when they are asserting the right to be different than us.
But the principle of equity insists that all individuals be treated impartially
and even-handedly. There should NEVER be two standards of fairness: one for people
like us, and another for people different than us. If anything, society should
go out of its way to protect those who are incapable of protecting themselves:
the widows, the orphans, the strangers. This understanding of equity goes all
the way back to the Bible, to the ancient legal codes of Leviticus and Deuteronomy.
I’ve always been fascinated by the attempts of certain individuals to read these
books “literally,” as a set of divinely-inspired rules and regulations appropriate
to governing contemporary behavior. Because more often than not, they aren’t actually
interpreting these Scriptures literally at all -- instead, they read them through
the filters of their own prejudice, finding support for things they already believe
and naively ignoring or misinterpreting what they find disagreeable or don’t understand.
And because they read them out of context, they often overlook the more basic,
undergirding ethical principles which still give these texts contemporary relevance,
despite the fact that they were originally written for a society which no longer
exists and which was very different from our own.
Not always, of course. There are still people who “get it” -- some of them very
conservative people theologically -- but who understand that just because the
Bible talks about slavery (a lot), it doesn’t mean that we have a God-given right
to own slaves, or that we should execute adulterers and disobedient children by
publicly pelting them to death with heavy stones just because that’s what someone
said you ought to do 3000 years ago. In order to truly understand what these texts
are all about, you need to read them anthropologically -- you need to understand
them accurately in their original context, discern the underlying ethical principles
which give them their coherence, and then apply those principles meaningfully
to contemporary times. And it’s a very difficult process, because no matter how
excellent a scholar one may be, it is impossible not to bring SOME level of contemporary
bias to the task. And yet, properly handled, this can be an important tool of
discernment in its own right. The things that seem the most strange and unusual
are the ones we should be most attentive to. And those that feel the most familiar
likewise those which should be approached most skeptically and suspiciously.
There are times (not many, but a few) when I kinda wish that I were a preacher
in an honest-to-God Bible-believing church, so that I could have the liberty to
go line by line through a passage like the one I read earlier from the Book of
Deuteronomy, and really “open the Scripture” to all of you without being afraid
of starting a riot. (Of course, if this really were an honest-to-God Bible-Believing
church, I would probably cause a riot anyway, just because of the nature of my
exegesis). Because even though that particular passage may seem like a relatively
straight-forward exhortation to give generously to one’s less-fortunate neighbors,
it comes in the midst of a series of similarly prescriptive passages concerning
kosher dietary laws, the practice of tithing, the notion of the so-called “sabbatical
year,” (a kind of mini-jubilee or “sabbath” every seventh year, at which time
creditors forgave the outstanding debts of their neighbors), and finally the equitable
treatment of someone who has sold themselves to you as a slave.
And when you examine these passages side by side and in their historical and cultural
context, you start to realize that these “laws” are not really about doing nice
things for your neighbors out of the goodness of your heart or because it pleases
God; they involve instead a systematic redistribution of wealth from the rich
to the poor FOR THE GOOD OF THE COMMUNITY ITSELF, a community which includes both
rich and poor, all of whom face changing fortunes, all of whom are God’s people.
It’s not about charity, or doing good works. It is an investment in what is sometimes
called “Social Capital” -- strengthening the relationships which bind us together
as neighbors, and allow us to depend on one another in times of crisis.
Of course, here in America in the 21st century, we do things exactly the opposite
-- we encumber our children and our children’s children with massive amounts of
debt in order to put more money in the pockets of the wealthiest 1% of the population,
while at the same time jeopardizing the retirement and health care benefits of
an entire generation. And I know there are many who dismiss this kind of talk
as partisan political rhetoric, but if you just take a step back from it for a
moment and try to look at the situation dispassionately, I think you’ll see that
there are fundamental questions of equity and social justice at issue here, and
that they concern us all, regardless of our political sentiments.
I believe in the entrepreneurial spirit. I believe in free enterprise, and a market
economy -- I believe that incentives are important, and that economic growth,
increased productivity, and the creation of wealth are all good things. But I
also believe in environmental regulation, in living wages, in health and safety
standards, and a society that looks first to protect the lives and livelihoods
of its most vulnerable members, rather than subsidizing the extravagant lifestyles
of its most affluent. Who really needs meaningful financial incentives more desperately:
middle-aged corporate executives like Ken Lay and Dennis Kozlowski, or the 17-year-old
inner-city High School drop-out, who is convinced by his entire life experience
that there will never be a place at the table for him, simply because of the color
of his skin? And even if they all end up in prison, as so many young African American
males do these days, do you really think that there’s even the slightest chance
that he will find himself eating at the same table as Dennis and Kenny-boy?
A good rant is healthy every now and again; it gets the blood flowing, and inspires
the heart to reach out once more into the community, and help to do God’s work
in the world. And I just want to say, here at the end of the hour, that I’m very
proud of the work that this congregation does in the area of Social Action. Through
our on-going partnership with Habitat, through our support of the Open Pantry
and the House of Hope, the Bartlett School, the Sharing Foundation, and the various
other programs and community agencies we reach out to and are involved with, we
help to make small but significant improvements in the lives of hundreds of our
“neighbors and fellow creatures” every year; and I know that there are many individuals
in this church who do even more in their private lives, and are an inspiration
and a good example to us all. Yet as important as this work is, the problems are
even bigger. Private Charities and faith-based organizations simply can’t do it
all; society as a whole needs to be reminded to make enough room for everyone
in the boat, so that we all can float with the rising tide, rather than leaving
some of us behind to sink beneath the waves and drown.