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Just Debt: Theology, Ethics, and Neoliberalism

by Ilsup Ahn

  • Hardback
  • 216 pages
  • Publisher: Baylor University Press
  • 16.1 x 22.9 x 2.3 cm

£36.00

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Debt--personal, corporate, governmental--is so pervasive in contemporary economies, with its moralistic logic nearly unquestioned. Debt's necessity renders it morally neutral, absolving it of the dehumanizing effect it brings in unbridled financialization. In Just Debt Ilsup Ahn explores ethical implications of the practice of debt. By placing debt in the context of anthropology, philosophy, economics, and the ethical traditions provided by the Abrahamic religions, Ahn holds that debt was originally a form of gift, a gift that was intended as a means to serve humanity. Debt, as gift, had moral ends. Since the late eighteenth century, however, debt has been reduced to an amoral economic tool, one separated from its social and political context. Ahn recovers an ethics of debt and its moral economy by rediscovering debt's forgotten aspect--that all debts entail unique human stories. Ahn argues that it is only in and by these stories that the justice of debt can be determined. In order for debt to be justly established, its story should be free from elements of exploitation, abuse, and manipulation and should conform to the principles of serviceability, payability, and shareability. Although the contemporary global economy disconnects debt from its context, Ahn argues that debt must be firmly grounded in the world of moral values, social solidarity, and political resolution. By re-embedding debt within its moral world, Just Debt offers a holistic ethics of debt for a neoliberal age.

  • Title

    Just Debt: Theology, Ethics, and Neoliberalism

  • Author

    Ilsup Ahn

  • Book Format

    Hardback

  • Publisher

    Baylor University Press

  • Published

    September 2017

  • Weight

    454g

  • Page Count

    216

  • Dimensions

    16.1 x 22.9 x 2.3 cm

  • ISBN

    9781481306911

  • ISBN-10

    148130691X

  • Eden Code

    4696671