Introduction: On the ethics of debt
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2016-01-01
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World Languages and Cultures
The Department of World Languages and Cultures seeks to provide an understanding of other cultures through their languages, providing both linguistic proficiency and cultural literacy. Majors in French, German, and Spanish are offered, and other coursework is offered in Arabic, Chinese, Classical Greek, Latin, Portuguese, and Russian
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Philosophy and Religious Studies
The Department of Philosophy and Religious Studies focuses on two areas of study. Its major in Philosophy seeks to examine human experience and reality through critical reflection and argument, developing skills in critical analysis and knowledge of ethics and philosophy. The major in Religious Studies seeks to investigate and reflect upon world religions in an objective, critical, and appreciative manner, providing students with knowledge of religion’s nature and its roles in social and individual life.
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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.
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This is an article from Finance and Society 2 (2016): 1, doi: 10.2218/finsoc.v2i1.1660. Posted with permission.
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Fri Jan 01 00:00:00 UTC 2016