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. 

Interview
Culture
Economics
S&U interviews
5 min read

Can the economy work for the common good?

Adrian Pabst on the economic framework that is universal yet particular about people.
A man talks animatedly looking at the camera while sitting against a wood panelled wall.
Fondazione Centesimus Annus Pro Pontefice.

Adrian Pabst is Professor of Politics at the University of Kent, and deputy director at The National Institute of Economic and Social Research. His lecture on Just Economy? Catholic Social Thought, Mutualism and Roads Not Yet Taken, was a highlight of the Lincoln Lectures series, organised by Together for the Common Good. Financial markets journalist Laurence Fletcher talks with him to discover more about his thinking.

 

There is no shortage of commentators ready to point out the apparent deficiencies in the UK’s economy. Widespread in-work poverty, poor productivity growth, regional inequality and a perceived reluctance among employers to train up British workers are just some of the accusations that can be levelled. 

But finding realistic, workable solutions is more difficult, as successive governments have found. Is the answer to be found in having higher levels of tax and government spending, or lower? Should governments be intervening more, or give more room for free markets to work? With a general election on the horizon, and with issues of economic growth, government spending and taxation likely to feature prominently, such questions are particularly pertinent. 

Offering one alternative way of tackling the problem is Professor Adrian Pabst, a political scientist at the University of Kent, who is an expert on so-called Catholic Social Thought. This approach, which was developed in the 19th century and draws from the Bible, focuses on the dignity of the individual, care for others and the common good, with the aims of social renewal. It provides a framework for thinking about big topics such as international relations, the economy and the environment, and Pabst believes it has much to say about our economy today. 

Catholic Social Thought “is very particular. It always speaks to the moment. And it’s highly universal because of it,” he said in a recent interview. “This is what the world is like and this is how we must act.” 

Pabst rejects both the idea that everything is fine with our economy (“mythical stories about things working”) and the belief that “everything going to hell in a handcart”. 

Instead, his approach is to look at some of the apparent contradictions in our economy - strengths alongside related weaknesses. For instance, how can a country be rich but have poor citizens, or have a very high output of goods and services while many people do not partake in them? Or how can many people have become worse off in recent years, even though wages are growing? Or how can the UK boast an “incredible” City of London that is one of the world’s top financial centres, yet have people without access to capital? 

“We have to be realistic about where we are - a low wage, low growth, low productivity economy. We can pay people higher wages over time if we increase productivity. That comes from investment,” he said. 

Free markets have at times been heralded as either the answer to all our problems by some on the political right, or the cause of so much misery by some on the left. But Pabst’s approach is more nuanced. Markets should not simply be “the engine for ever-greater inequality”. But, crucially, they are not inherently bad in and of themselves, and often the problem is instead down to a market being stacked in one side’s favour.  

“Markets are not one thing,” he said. “They are an outcome of ownership, regulation… There is not a problem with markets per se, but it’s the wrong regulation, ownership concentrated in a very few people. 

“There are lots of things we can do much better. But if we replace the market with the state, we’d just be doing [communism] and ultimately we’d be poorer,” he added. “The question is, are we putting society first?”  

(As an aside, he also takes a more nuanced view on former Prime Minister Margaret Thatcher, who he believes brought both positives and negatives). 

Big tech firms are “oligarchies accountable to no-one. It’s simply not a tenable position. They’re like media companies yet they’re not subject to media laws… We’ve allowed them to build private infrastructures. It needs to be tackled.”

So what would Pabst actually change? 

For starters, he believes that too much capital is directed towards the wrong purpose, namely financial speculation. While some would argue that speculation plays an important role in the economy, for instance in price discovery in markets or in taking the other side of the trade, say for farmers who want to hedge crop prices, Pabst is keen to see the economy produce “goods and services that have real worth”. Significantly for how society is structured today, he argues that we do not need “a class that lives off assets at the expense of everyone else”. 

Other areas also need to change, he believes. Loopholes should be closed to make it harder for companies to use agency workers rather than employing people. Trade unions need to be encouraged and improved. A national investment bank, grouping together the existing, disparate pots of money, could direct capital to sectors and regions where it is needed. As is already the case in Germany, companies and society would both benefit from having employees on their boards. 

More economic decisions can be devolved from national government to a local level, but challenges such as climate change or regulating the big, powerful technology companies - which he describes as “modern day plutocracies” - should be tackled at a higher level. 

Big tech firms are “oligarchies accountable to no-one”, he said. “It’s simply not a tenable position. They’re like media companies yet they’re not subject to media laws… We’ve allowed them to build private infrastructures. It needs to be tackled.” 

And (more of a comment on the US than the UK) he sees little value in companies reporting earnings quarterly, which he said is driven by “short-term profit maximisation”. 

Intriguingly, Pabst does not shy away from taking a stance on one of the most divisive issues of our times: immigration. 

Catholic Social Thought, he explains, is humane and pro-immigrant. But, to break with what he calls “a low wage, low skill model”, mass economic migration is to be discouraged, because it is detrimental to both the sending and receiving countries. 

“[We say] yes to refugees, to asylum. But no to mass economic migration,” he said. 

So, going into an election, how likely are we to see things change for the better? 

Rather than being optimistic - the belief that eventually things will get better - Pabst is hopeful, because he believes that things could be different, but he is not necessarily expecting it. 

“I remain hopeful,” he said. “I just don’t quite see who’s going to do it.”