WATCH: T.D. Jakes Talks About How Businesses Can Help Improve Underserved Communities


Megachurch pastor Bishop T.D. Jakes of The Potter’s House in Dallas, Texas, charged Wednesday that it’s corporations and not elected officials that represent “the greatest hope” in effecting change and development in underserved communities across America. He said, however, that they need to “add a moral component to money” to make it happen.

“We need corporations to add a moral component to money,” said Jakes, to a group of pastors and Christian leaders at the Reconciled Church Summit on Wednesday. The movement was launched in response to national protests against the killings by police of black men in Ferguson, Missouri, and New York, by Bishop Harry Jackson, senior pastor of Hope Christian Church in Beltsville, Maryland, televangelist James Robison, and Jakes in January.

“Starbucks is trying to do it. … If we can tie morality to money, to a purpose, to resources, we can really begin to change things. I don’t really believe that the greatest hope is in the elected officials. I believe it is in the corporations and the business opportunities coming together,” he continued.

Jakes, who’s also a respected businessman, will host what is billed as America’s largest inspirational festival, MegaFest from Aug. 20–22, and understands how economic stimulation can affect communities. MegaFest 2013, which attracted more than 75,000 attendees from 20 states and 31 countries, resulted in an estimated $41 million economic impact on the downtown Dallas business district.

“I refuse to believe that it is cheaper to outsource your business to foreign countries than it is to clean up bad neighborhoods in our own city. It’s got to be cheaper to come back home. And the excuse that I hear from the private sector and corporations is — there is too much drugs, there is too much crime, there is too much violence. And I bought that for years until I saw them move into Mexico surrounded by the cartels,” explained the Dallas preacher.

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