Prosperity Teaching
America’s mainstream religious denominations used to teach the faithful that they would be rewarded in the afterlife. But over the past generation, a different strain of Christian faith has proliferated—one that promises to make believers rich in the here and now. Known as the prosperity gospel, and claiming tens of millions of adherents, it fosters risk-taking and intense material optimism. It pumped air into the housing bubble. And one year into the worst downturn since the Depression, it’s still going strong.
• In the same issue of The Atlantic: Lead us not into debt: Finance guru Dave Ramsey wins followers with a simple message: find God and lose your credit cards.
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Even in an economic downturn, preachers in the “prosperity gospel” movement are drawing sizable, adoring audiences. Their message — that if you have sufficient faith in God and the Bible and donate generously, God will multiply your offerings a hundredfold — is reassuring to many in hard times.
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Has the so-called Prosperity gospel turned its followers into some of the most willing participants — and hence, victims — of the current financial crisis?
While researching a book on black televangelism, says Jonathan Walton, a religion professor at the University of California at Riverside, he realized that Prosperity’s central promise — that God will “make a way” for poor people to enjoy the better things in life — had developed an additional, dangerous expression during the subprime-lending boom.
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Benny Hinn preaches a version of the prosperity gospel, which holds that God wants his followers to have financial wealth. To become prosperous, one must give money to God, who returns it multiplied.If this scam worked as advertised, Benny Hinn and others like him would be giving you money…
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Most Read about Prosperity Teaching
- Does God want you to be rich?
- Televangelists Living Like Kings?
- Summary: The prosperity gospel
- Nigeria
- Black Baptists eschew 'prosperity preaching'
- Son of televangelist Kenneth Copeland defends church and preacher's spending
- Was Jesus rich?
- Believer bitter over prosperity preachings
- Benny Hinn runs lucrative operation
- Modern black church shuns Martin Luther King message in favor of prosperity gospel
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