Article
Christmas culture
Culture
4 min read

It really is a wonderful life

Three reasons why everyone should watch It’s a Wonderful Life this Christmas.

Jon Kuhrt is CEO of Hope into Action, a homelessness charity. He is a former government adviser on how faith groups address rough sleeping.

A man stands one side of a bank counter while others, on the other side, look hopefully at him.

In my view,  It’s a Wonderful Life is not the best Christmas film ever. It is simply the best film ever, full stop. 

Released in 1946, the film focuses on the life of a man called George Bailey who lives in the small town of Bedford Falls. As a young man, George intends to “shake off the dust of this crumby little town” and get away to see the world and achieve great things. Yet through tragedy and his own sense of responsibility, he ends up spending his entire life in Bedford Falls running the building cooperative that his late father established. 

He sacrifices a lot. He ends up giving the college money he has saved to his younger brother so he can go to university instead of him. During the depression he and his new wife give their honeymoon funds to keep the Building & Loan bank going. All the time he battles against the richest and most ruthless businessman in town, Henry Potter, who is determined to build his business empire at everyone else’s expense. 

The film focuses on a Christmas Eve where George stands accused of fraud and faces scandal and jail. It’s all too much for him – the lost dreams, the feeling of insignificance and the heavy burdens he has carried for so long – crash in on him. Drunk and alone, he finds himself on a bridge, wishing he had never been born and preparing to commit suicide. 

Yet at this lowest ebb, salvation comes. Through the visit of an angel, George is enabled to see what would have happened if he had never lived. He sees the impact that his life has had on so many people and on the whole town. He realises what a wonderful life he has had. 

The film has a basic, raw message about living right. Our cynical age tells us that there is no point in trying to change things. But this is not true.

So why is it such a great film? 

I love this film so much that, rather embarrassingly, I bought the DVD of it for my best friend two Christmases in a row. The main reason is because it has given me inspiration in my life and work. 

Why? I think it’s for the following three reasons. 

It’s realistic about the hardship of life. Mainly due to the final scene many now perceive it as quite a sentimental film, but when it was released, it was not popular because it was considered too dark. It’s because the film depicts the struggles that many ordinary people face – such as debt, low self-esteem and feelings of insignificance. 

Also, in the character of Henry Potter, it sharply criticises the greed and self-interest of money-makers who don’t care about people. Henry Potter acts within the law but does not care about how people are affected by his money making. Profit overrides everything else. 

In standing up to Potter, George Bailey is ‘sticking it to the Man’ and this is costly and tough. The renewal of community does not come without resistance against the powerful forces of greed and self-interest. 

It shows that how we live does make a difference to the world. George Bailey’s life makes a massive difference to his town. Through unglamorous dedication he helps hundreds of people escape Potter’s slum housing and own their own homes. His bravery and leadership builds up his community and offers dignity and hope to others. 

The film has a basic, raw message about living right. Our cynical age tells us that there is no point in trying to change things. But this is not true – we can make a difference if we have courage and commitment. George Bailey’s life shows the importance of how we live and the choices we make – we will invest simply in profits or will we invest in people? 

But the key thing is that we will never really know the difference we are making. It’s a mystery beyond what we can grasp. We cannot avoid the need to have faith. 

It’s about the love and grace of God. The opening scenes of It’s a Wonderful Life commences with George’s friends and family saying prayers for him because they know he is in trouble. And at the end of the film, with their prayers answered, together all of George’s friends sing ‘Hark the Herald Angels Sing’. 

People who want to make a positive difference in our broken world don’t need lofty idealism or utopian dreams of naive optimism.

It’s significant that the film starts with prayers and then ends with a hymn – because essentially, it’s all about grace, redemption and salvation. 

Too often words like this simply sound like religious jargon – as if they just refer to ‘getting into heaven when we die.’ But this is a damaging misunderstanding. Salvation is needed now – people are desperate in the face of meaninglessness, low self-esteem and suicidal thoughts. Also, people need redeeming from lives of greed and selfishness. Jesus meets people in these needs – he both comforts those who are disturbed – and also disturbs those who are comfortable. 

God’s love and grace comes to us in the midst of real issues. This is the core message of Christmas: that God became human, in history. He came to earth to share the real struggles that humanity faces and to conquer them with his redeeming love. 

People who want to make a positive difference in our broken world don’t need lofty idealism or utopian dreams of naive optimism. We know how damaged the world and its people are. But whether you are Christian or not, we all need inspiration, encouragement and hope to make a difference. And this is where It’s a Wonderful Life works a treat. 

Article
Comment
Economics
Politics
Trust
5 min read

Tariffs destroy trust so where do we go next?

Blunt weapons cause a mess in markets and lives.

Paul Valler is an executive coach and mentor. He is a former chair of the London Institute for Contemporary Christianity.

A gold coin with the DOGE dog on it, lies over the face on a $50 bill.
So doge-y.
Kanchanara on Unsplash

‘When America sneezes the rest of the world catches a cold’ quipped economists almost a century ago after the Wall Street crash.  A comment that might equally apply to the more than 10 per cent drop in stock markets caused by President Trump’s sudden raised tariffs on imports to the USA.  The impact of the American economy on the world is inescapable.  It represents almost a quarter of global GDP and the dollar is the leading reserve currency, accounting for around 60 per cent of international foreign exchange reserves.  Size is what enables America to bully the rest of the world. 

For decades the American trade deficit has been an elephant in the room and Trump is to be applauded for recognising it and addressing the problem. Unfortunately, the way he has gone about it has caused another, bigger problem. Changing the direction of the global economy is like turning a tanker, it cannot be done easily or quickly, but Trump’s style is to attack, like hammering at a nail.  Every issue in geopolitics looks like another nail, waiting for him to hammer out a negotiated deal.  Full marks for courage, but not for wisdom. The blunt weapon of trade tariffs is designed to bring wealth and power back towards the USA, but blunt weapons often cause a mess, and sure enough a global mess is what we now have.  A US/China trade war with higher prices that could end up stoking inflation and a government own goal.   

Panic selling of government bonds signalling a loss of confidence following Trump’s dramatic tariff boost is reminiscent of the impact of Liz Truss’ sudden and radical UK tax cuts, which were also driven by an ideology, but ended up as a wrecking ball.  Even some of Trump’s backers have warned of an economic nuclear winter.  In the long run, Trump has done the world a favour by highlighting a structural issue that needed correction, but his economically violent methods of addressing it look increasingly unwise.  If a global depression does happen on the back of all this, then coupled with the rise of autocratic and belligerent leadership, we would face a worrying parallel to what happened in the 1930s when the world eventually slid into war.   

Tariffs are like walls, barriers to cooperation and the epitome of economic selfishness.  Make America Great Again is selfishness writ large - a society pursuing wealth and power without the cohesive framework of values that are so essential to cooperation and community wellbeing.  A psychology of self-centredness that damages relationships at the national level.  This is what I find most concerning about Trump’s approach; not just the economics but the long-term legacy of relational damage that could last well beyond his Presidential term. 

Our fears reveal just how much we trust in wealth above everything else, and how much the fear of scarcity affects our mental health.

Michael Schluter in his book The Relational Lens defines five principles, or measures, of relational health.  They are directness, parity, common purpose, continuity and breadth.  Applying those five measures helps us see why Trump’s tariffs are the polar opposite of relational.  He introduced these escalating penalties remotely and not in face-to-face negotiations.  Exploiting the power of America instead of showing respect for the status and needs of other nations.  Tariffs have no common purpose with other countries, only a selfish agenda.  There is no continuity with previous trading protocols.  And it is all purely financial, with no reference to the broader holistic impact.  All in all, a relational disaster.   

Despite living in the ‘first world’ we remain gripped with fear of loss.  Our fears reveal just how much we trust in wealth above everything else, and how much the fear of scarcity affects our mental health. Markets are not entirely rational; they are driven by algorithms that stem from this psychology of greed and fear.  Emotions and trading swing wildly with a herd instinct that often drives behaviour.  As Rabbi Jonathan Sachs said:  

‘Markets have no moral compass; we have outsourced morality to legislation by the State.’   

But the worry now is that the current US administration shows signs of ignoring morality and even riding roughshod over the courts.  No wonder people feel afraid. 

Where can we find hope in all this turmoil?  Is there a better response than gritted teeth and the mantra: ‘this too shall pass’?  I think so.  There is life beyond the market.  Jesus said: ‘life does not consist in an abundance of possessions.’  We can choose to step back and look at all this with the true perspective that money isn’t everything.  We can cultivate gratitude for what we do have.  We can learn contentment.  Yet I feel for those who have experienced financial loss, and don’t want to minimise the reality of hardship.  In fact, something important and practical all of us who are privileged can and should do is to be vigilant in watching out for those who are poor and disadvantaged.  To look after those with a real need for the basics of life and help them through this tough time when economic disruption could make life even harder.  For those with a faith this is part of working out how our faith makes a positive difference where we are. 

Perhaps the supreme irony of this crisis is President Trump’s insistence that Americans must trust him.  Ironic, because the one thing that his tariff actions seem to have undermined more than anything else is trust.  The trust that is essential to the functioning of both markets and civilisation as a whole.  Face to face discussions must be the way forward now, to rebuild trust and find more nuanced, mutual approaches to solving America’s trade deficit.   

There is one person we can always trust though, and his name is written clearly on the American One Dollar bill. In God we trust. Let’s pray that Trump and his America returns to that imperative and turns back to a more Christ centred philosophy of loving our neighbour as ourselves, reflected in a more bilateral approach to diplomacy and agreement.

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