The Philosophy of Debt

The Philosophy of Debt PDF Author: Alexander X. Douglas
Publisher: Routledge
ISBN: 1317398866
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
I owe you a dinner invitation, you owe ten years on your mortgage, and the government owes billions. We speak confidently about these cases of debt, but is that concept clear in its meaning? This book aims to clarify the concept of debt so we can find better answers to important moral and political questions. This book seeks to accomplish two things. The first is to clarify the concept of debt by examining how the word is used in language. The second is to develop a general, principled account of how debts generate genuine obligations. This allows us to avoid settling each case by a bare appeal to moral intuitions, which is what we seem to currently do. It requires a close examination of many institutions, e.g. money, contract law, profit-driven finance, government fiscal operations, and central banking. To properly understand the moral and political nature of debt, we must understand how these institutions have worked, how they do work, and how they might be made to work. There have been many excellent anthropological and sociological studies of debt and its related institutions. Philosophy can contribute to the emerging discussion and help us to keep our language precise and to identify the implicit principles contained in our intuitions.

The Philosophy of Debt

The Philosophy of Debt PDF Author: Alexander X. Douglas
Publisher: Routledge
ISBN: 1317398866
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
I owe you a dinner invitation, you owe ten years on your mortgage, and the government owes billions. We speak confidently about these cases of debt, but is that concept clear in its meaning? This book aims to clarify the concept of debt so we can find better answers to important moral and political questions. This book seeks to accomplish two things. The first is to clarify the concept of debt by examining how the word is used in language. The second is to develop a general, principled account of how debts generate genuine obligations. This allows us to avoid settling each case by a bare appeal to moral intuitions, which is what we seem to currently do. It requires a close examination of many institutions, e.g. money, contract law, profit-driven finance, government fiscal operations, and central banking. To properly understand the moral and political nature of debt, we must understand how these institutions have worked, how they do work, and how they might be made to work. There have been many excellent anthropological and sociological studies of debt and its related institutions. Philosophy can contribute to the emerging discussion and help us to keep our language precise and to identify the implicit principles contained in our intuitions.

Debt and Guilt

Debt and Guilt PDF Author: Elettra Stimilli
Publisher: Bloomsbury Publishing
ISBN: 1350063401
Category : Philosophy
Languages : en
Pages : 185

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Book Description
The issue of debt and how it affects our lives is becoming more and more urgent. The "Austerity" model has been the prevalent European economic policies of recent years led by the "German model". Elettra Stimilli draws upon contemporary philosophy, psychology and theology to argue that austerity is built on the idea that we somehow deserve to be punished and need to experience guilt in order to take full account of our economic sins. Following thinkers such as Max Weber, Walter Benjamin and Michel Foucault, Debt and Guilt provides a startling examination of the relationship between contemporary politics and economics and how we structure our inner lives. The first English translation of Debito e Colpa, this book provokes new ways of thinking about how we experience both debt and guilt in contemporary society.

The Politics of Debt

The Politics of Debt PDF Author: Sjoerd van Tuinen
Publisher: John Hunt Publishing
ISBN: 1789042291
Category : Political Science
Languages : en
Pages : 208

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Book Description
The Politics of Debt brings together philosophers, political scientists, and economists and sets them the task of reflecting on the political role played by debt. Focusing on the aftermath of the 2008 economic crisis, particularly in the United States and Europe, the book is split into groups. It contains six essays and five interviews that aim to fully comprehend the political consequences of the economic crisis and specifically of debt.

Just Debt

Just Debt PDF Author: Ilsup Ahn
Publisher:
ISBN: 9781481306928
Category : Credit control
Languages : en
Pages : 0

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Book Description
.".. We [have] come to have a delimited and skewed view on debt and its economy ... In this book, I argue, a more holistic social ethics of debt is established by reintegrating these two essential elements of debt: logic and story. From the perspective of a more holistic ethics of debt, neoliberal concept of debt is problematic because by neglecting the story aspect of debt, it has enervated the moral ethos of debt rendering it as a matter of mere contract and mechanical calculation"--Introduction.

The Debt of the Living

The Debt of the Living PDF Author: Elettra Stimilli
Publisher: SUNY Press
ISBN: 1438464150
Category : Philosophy
Languages : en
Pages : 218

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Book Description
Analyzes theological and philosophical understandings of debt and its role in contemporary capitalism. Max Weber’s account of the rise of capitalism focused on his concept of a Protestant ethic, valuing diligence in earning and saving money but restraint in spending it. However, such individual restraint is foreign to contemporary understandings of finance, which treat ever-increasing consumption and debt as natural, almost essential, for maintaining the economic cycle of buying and selling. In The Debt of the Living, Elettra Stimilli returns to this idea of restraint as ascesis, by analyzing theological and philosophical understandings of debt drawn from a range of figures, including Saint Paul, Schmitt and Agamben, Benjamin and Marx, Nietzsche and Freud, and Foucault. Central to this analysis is the logic of “profit for profit’s sake”—an aspect of Weber’s work that Stimilli believes has been given insufficient attention. Following Foucault, she identifies this as the original mechanism of a capitalist dispositif that feeds not on a goal-directed rationality, but on the self-determining character of human agency. Ascesis is fundamental not because it is characterized by renunciation, but because the self-discipline it imposes converts the properly human quality of action without a predetermined goal into a lack, a fault, or a state of guilt: a debt that cannot be settled. Stimilli argues that this lack, which is impossible to fill, should be seen as the basis of the economy of hedonism and consumption that has governed global economies in recent years and as the premise of the current economy of debt.

Debt and Taxes

Debt and Taxes PDF Author: John H. Makin
Publisher: American Enterprise Institute
ISBN: 9780812923124
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
Today, two hundred years after the founding of the republic, the United States finds itself burdened by the highest taxes and largest debts in its history. The crisis presented by these Siamese twins symbolizes the country's inability to govern itself.

Republic of Debtors

Republic of Debtors PDF Author: Bruce H Mann
Publisher: Harvard University Press
ISBN: 0674040546
Category : History
Languages : en
Pages : 353

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Book Description
Debt was an inescapable fact of life in early America. At the beginning of the eighteenth century, its sinfulness was preached by ministers and the right to imprison debtors was unquestioned. By 1800, imprisonment for debt was under attack and insolvency was no longer seen as a moral failure, merely an economic setback. In Republic of Debtors, authorBruce H. Mann illuminates this crucial transformation in early American society.

Payback

Payback PDF Author: Margaret Atwood
Publisher: House of Anansi
ISBN: 0887848001
Category : Political Science
Languages : en
Pages : 242

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Book Description
Explores debt as a central historical component of religion, literature, and societal structure, while examining the idea of humanity's debt to the natural world.

Politics of Debt and Europe's Relations with the 'South'

Politics of Debt and Europe's Relations with the 'South' PDF Author: Stefan Nygard
Publisher: Edinburgh University Press
ISBN: 1474461425
Category : History
Languages : en
Pages : 304

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Book Description
Combining a discussion of the multi-layered European and global North-South divide with an effort to retrieve alternatives to the dominant divisive use of debt as staking out claims against another party, this text explores the consequences of the erasure of historical temporality in the recent period of 'globalization' and 'individualization' as well as new registers for political uses of the past under current conditions. It draws on socio-political, moral-philosophical and literary-artistic analyses, tracing the genealogy of debt through European history.

The Unthought Debt

The Unthought Debt PDF Author: Marlène Zarader
Publisher: Stanford University Press
ISBN: 9780804736862
Category : Philosophy
Languages : en
Pages : 276

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Book Description
Drawing on Heidegger's corpus, the work of historians and biblical specialists, and contemporary philosophers like Levinas and Derrida, Zarader brings to light the evolution of an impensé—or unthought thought—that bespeaks a complex debt at the core of Heidegger's hermeneutic ontology. Zarader argues forcefully that in his interpretation of Western thought and culture, Heidegger manages to recognize only two main lines of inheritance: the "Greek" line of philosophical thinking, and the Christian tradition of "faith." From this perspective, Heidegger systematically avoids any explicit or meaningful recognition of the contribution made by the Hebraic biblical and exegetical traditions to Western thought and culture. Zarader argues that this avoidance is significant, not simply because it involves an inexcusable historical oversight, but more importantly because Heidegger's own philosophical project draws on and develops themes that appear first, and fundamentally, within the very Hebraic traditions that he avoids, betraying an "unthought debt" to Hebraic tradition.