Modern Pentecostal understandings of money, investment and accounting - Kenneth and Gloria Copeland's faith teaching

James, Kieran and Hardy, Les and Narraway, Tim (2010) Modern Pentecostal understandings of money, investment and accounting - Kenneth and Gloria Copeland's faith teaching. International Journal of Critical Accounting, 2 (4). pp. 340-371. ISSN 1757-9848

Abstract

In this paper we study the major money-related doctrines of US husband-and-wife televangelist faith teachers Kenneth and Gloria Copeland. We find the unique Copeland interpretation of 'Treasures in Heaven' (Matthew 6:20) to be a complete inversion of the mainstream theological interpretation. While the mainstream interpretation is that this verse refers to future rewards available after death, the Copelands argue that it refers to rewards existing now in the heavenly places in what they refer to as the believer’s 'heavenly bank account'. The Copelands also believe in a literal 'hundredfold return' on monetary and other gifts made 'for the gospel’s sake' (Mark 10:29-30). Overall we find that the individualistic capitalistic pro-investment and stewardship position that Weber ascribes to Calvinism is emphasised in the Copelands’ teachings. However, this is balanced by warnings about the link between money and selfishness and a compassionate emphasis on the communalist principle of 'from each according to his ability, to each according to his needs' (Marx).


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Permanent restricted access to paper due to publisher copyright restrictions.
Depositing User: Dr Kieran James
Faculty / Department / School: Historic - Faculty of Business - School of Accounting, Economics and Finance
Date Deposited: 10 Nov 2010 06:20
Last Modified: 03 Jul 2013 00:05
Uncontrolled Keywords: christian theology; Gloria Copeland; Kenneth Copeland; faith teaching; Kenneth E. Hagin Sr.; Hillsong Church; hunderedfold return; pentecostalism; sacred-secular divide; treasures in heaven
Fields of Research (FOR2008): 22 Philosophy and Religious Studies > 2203 Philosophy > 220315 Philosophy of Religion
22 Philosophy and Religious Studies > 2204 Religion and Religious Studies > 220401 Christian Studies (incl. Biblical Studies and Church History)
22 Philosophy and Religious Studies > 2203 Philosophy > 220319 Social Philosophy
22 Philosophy and Religious Studies > 2204 Religion and Religious Studies > 220405 Religion and Society
15 Commerce, Management, Tourism and Services > 1501 Accounting, Auditing and Accountability > 150102 Auditing and Accountability
Socio-Economic Objective (SEO2008): E Expanding Knowledge > 97 Expanding Knowledge > 970122 Expanding Knowledge in Philosophy and Religious Studies
C Society > 95 Cultural Understanding > 9504 Religion and Ethics > 950407 Social Ethics
C Society > 95 Cultural Understanding > 9504 Religion and Ethics > 950404 Religion and Society
C Society > 95 Cultural Understanding > 9504 Religion and Ethics > 950406 Religious Traditions (excl. Structures and Rituals)
Identification Number or DOI: doi: 10.1504/IJCA.2010.036176
URI: http://eprints.usq.edu.au/id/eprint/8942

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