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> what's the economic return on proselytizing? Interesting question. I did a quick check. It looks to be incredibly profitable, at least for main stream religi
by linuxkerneldev 10y ago
> what's the economic return on proselytizing?
Interesting question. I did a quick check. It looks to be incredibly profitable, at least for main stream religious organizations (which tend to also be tax free).
The two top links for googling "profit of church" are:
Eg: From CNN:
"
1. The Vatican Bank has $8 billion in assets
The Vatican Bank, which has about $8 billion in assets, has often been at the center of scandal and corruption since it was founded in 1942. Pope Benedict began the process of cleaning the bank up, and Francis has continued that work.
"
http://money.cnn.com/2015/09/24/news/pope-francis-visit-vatican-catholic-church/ http://money.cnn.com/2015/09/24/news/pope-francis-visit-vati...
"
THE Sydney Catholic archdiocese controls funds worth more than $1.2 billion and has regularly made multi-million dollar tax-free profits.
The royal commission into child sex abuse heard the archdiocese banked surpluses of between $7.7 million and $44 million between 2004 and 2007, a period during which the Catholic church was aggressively defending a claim for $100,000 brought against it by former altar boy John Ellis.
"
http://www.theaustralian.com.au/news/latest-news/church-still-has-lot-to-learn-on-abuse/news-story/a4bd4ec730d136d2b194af37397c24be http://www.theaustralian.com.au/news/latest-news/church-stil...
I believe John Oliver had an excellent analysis of how proselytizing tends to victimize the poorest section of society. https://www.youtube.com/watch?v=7y1xJAVZxXg https://www.youtube.com/watch?v=7y1xJAVZxXg