Debt, finance and social justice: the enduring relevance of William Temple
Debt plays a central role in shaping contemporary social and economic life, whether in austerity policies pursued by governments, in households financing their acquisition of homes as well as their daily spending, in students paying for their studies, or for those who struggle to meet their basic co...
Subtitles: | Faith in the public square |
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Main Author: | |
Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Routledge
[2016]
|
In: |
Journal of beliefs and values
Year: 2016, Volume: 37, Issue: 3, Pages: 273-281 |
Standardized Subjects / Keyword chains: | B
Temple, William 1881-1944
/ Social justice
|
RelBib Classification: | FD Contextual theology NCE Business ethics |
Further subjects: | B
Theology
B William Temple B Debt B Social Justice B Finance |
Online Access: |
Volltext (Verlag) |
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520 | |a Debt plays a central role in shaping contemporary social and economic life, whether in austerity policies pursued by governments, in households financing their acquisition of homes as well as their daily spending, in students paying for their studies, or for those who struggle to meet their basic commitments who turn to payday lenders. Debt also plays a central role in financing private enterprise, and in the financial sector itself. Debt carries a curious ambivalence: on the one hand, it is an investment in a business, a home or a career, a source of prosperity; on the other, it carries the moral danger of "living beyond one's means". What does justice mean in a society shaped by debt? Does it mean the repayment of debt, increasing the wealth and power of creditors? Can repayment of debt return us toward a just society? Or is the overall increase of debt unlimited, with its control over life ever more pervasive? Does social justice require the forgiveness of unpayable debts? This article will explore such issues from a theological perspective, drawing on the thought of William Temple. | ||
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