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

Article

James, Kieran, 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. https://doi.org/10.1504/IJCA.2010.036176
Article Title

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

ERA Journal ID40521
Article CategoryArticle
AuthorsJames, Kieran (Author), Hardy, Les (Author) and Narraway, Tim (Author)
Journal TitleInternational Journal of Critical Accounting
Journal Citation2 (4), pp. 340-371
Number of Pages32
Year2010
Place of PublicationGeneva, Switzerland
ISSN1757-9848
1757-9856
Digital Object Identifier (DOI)https://doi.org/10.1504/IJCA.2010.036176
Web Address (URL)http://www.inderscience.com/storage/f725116910131284.pdf
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).

Keywordschristian theology; Gloria Copeland; Kenneth Copeland; faith teaching; Kenneth E. Hagin Sr.; Hillsong Church; hunderedfold return; pentecostalism; sacred-secular divide; treasures in heaven
ANZSRC Field of Research 2020500316. Philosophy of religion
500401. Christian studies
500321. Social and political philosophy
500405. Religion, society and culture
350102. Auditing and accountability
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Byline AffiliationsSchool of Accounting, Economics and Finance
Monash University
Independent Researcher, Australia
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