Introduction: On the ethics of debt
Introduction: On the ethics of debt
Date
2016-01-01
Authors
Carter, William
Carter, William
Padgett-Walsh, Kate
Padgett-Walsh, Kate
Carter, William
Padgett-Walsh, Kate
Padgett-Walsh, Kate
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Altmetrics
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Research Projects
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World Languages and Cultures
Organizational Unit
Philosophy and Religious Studies
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World Languages and CulturesPhilosophy and Religious Studies
Abstract
Debt is fundamental to finance and society. Derived from the French finir, ‘finance’ has long been associated with the settling of debts. Today, the financial industry mediates between unprecedented levels of indebtedness among households, businesses, and governments, on the one hand, and record levels of financialised assets, on the other. The ethical questions raised by contemporary practices of borrowing, lending, repayment, and default are thus central to the ethics of finance today.
Comments
This is an article from Finance and Society 2 (2016): 1, doi: 10.2218/finsoc.v2i1.1660. Posted with permission.