What does the Bible say about price gouging?

Price gouging—a practice where sellers increase the prices of goods, services, or commodities to an unreasonable level, especially during emergencies—raises ethical concerns shared by many today. The Bible, although written in ancient times, contains principles that speak to this issue. Through examining scriptural teachings on justice, fairness, and compassion, we can glean insights into how God views exploitation, especially during times of crisis.

Principles of Fairness and Justice

The Bible places significant emphasis on fairness and justice. In Leviticus 19:35-36, God commands the Israelites to use honest scales and weights, stating, “You shall do no wrong in judgment, in measurement of weight, or capacity. You shall have just balances, just weights.” This directive underlines the importance of integrity in business practices. Price gouging, which involves taking advantage of consumers by charging excessive prices, clearly contradicts the biblical principles of honesty and fair treatment. By inflating prices for personal gain, sellers violate the spirit of justice that God advocates.

Compassion for the Vulnerable

The Bible frequently emphasizes compassion for the vulnerable and oppressed. In Proverbs 14:31, it is written, “Whoever oppresses a poor man insults his Maker, but he who is generous to the needy honors him.” This verse suggests that how one treats the less fortunate reflects their attitude toward God. When emergencies arise, and individuals are in desperate need of essential goods, price gouging constitutes an exploitation of their vulnerability. Instead of helping those in need, price gouging capitalizes on their suffering. Such actions run counter to God's message of love and compassion.

The Parable of the Good Samaritan

The well-known parable of the Good Samaritan (Luke 10:25-37) further reinforces the biblical stance on caring for others in need. In this story, a Samaritan helps a beaten man left for dead by the side of the road, demonstrating kindness without concern for his own gain. The Samaritan not only provides immediate assistance but also ensures the wounded man receives ongoing care, showing that moral responsibility extends beyond mere transaction. The parable serves as a model for how we should engage with our neighbors, especially during times of crisis where price gouging becomes a temptation. Instead of exploiting others, we are called to act selflessly and compassionately.

The Call for Honest Motives

In the New Testament, Jesus critiques the religious leaders of His time for their hypocrisy and exploitation of the people (Matthew 23). He condemns behaviors that prioritize profit over people, urging followers to adopt a mindset of service rather than self-interest. Price gouging directly opposes this call to selflessness, as it is motivated chiefly by greed. Instead, the Bible encourages believers to conduct their affairs with integrity and to view others not merely as customers but as individuals deserving of dignity and respect.

Conclusion

As we reflect on these teachings, we are reminded of our responsibility to care for our neighbors and uplift one another, embodying the love and compassion that the Bible so profoundly advocates. In doing so, we can combat practices like price gouging and foster a community rooted in fairness and mutual support.