RUDOLF BULTMANN is famous for his bold method of exegesis known as demythologizing. But his daring interpretation of the New Testament is not merely an exercise in scholarship; he is motivated by pastoral concern. The gospel of Christ, Bultman believes, no longer governs men's lives, even imperfectly. It is not intellectually acceptable to men today, because it is framed in a picture of the world no longer valid for men conditioned by science, technology, and their present understanding of their own natures. If the gospel is to be a guide for human existence today, its fundamental message must be disengaged from its ancient mythological setting. The message must be demythologized, interpreted in a way understandable by and acceptable to twentieth-century men. In his exegesis, therefore, Bultmann is seeking a viable guide for human existence. We can say he is seeking a moral theology, although this term has connotations he probably would not approve. Study of Bultmann's thought, consequently, is incomplete without some evaluation of the moral theology which emerges from his interpretation of the New Testament. In general, the moral theology which Bultmann draws out of the New Testament follows the tendencies of all modern efforts to renew Christian morality. It opposes legalism, formalism, and complacency, and stresses personal responsibility and action in the present moment of history in response to the needs of men. Bultmann's moral program follows these tendencies, not only because any thinker reflects the preoccupations of his age, but also because Bultmann's thought has contributed to this tendency in our time. This essay will begin with the goal of Christian life as Bultmann sees it. This first step will require a look into the nature of man as Bultmann conceives it. These ideas will lead to certain characteristics which he assigns to Christian existence followed by the principal acts by which Christian existence is realized. Evaluations of Bultmann's ideas will be inserted at convenient junctures.