Commentaries:
Barnes' Notes
Now ye - Ye Christians of Corinth, as a part of the whole church that has been redeemed.
Are the body of Christ - The allusion to the human body is here kept up. As all the members of the human body compose one body, having a common head, so it is with all the members and parts of the Christian church. The specific idea is, that Christ is the Head of the whole church; that he presides over all; and that all its members sustain to each other the relation of fellow-members in the same body, and are subject to the same head; compare the note at I Corinthians 11:3. The church is often called the body of Christ; Ephesians 1:23; Colossians 1:18, Colossians 1:24.
And members in particular - You are, as individuals, members of the body of Christ; or each individual is a member of that body.
Other Barnes' Notes entries containing 1 Corinthians 12:27:
1 Corinthians 12:12
1 Corinthians 13:9
Ephesians 1:23
Ephesians 5:30
Hebrews 3:14
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