Philosophy Talk. The Ethics of Debt

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Abstract/Contents

Abstract: According to a report from the Jubilee Debt Campaign, there are currently 24 countries facing a full-blown debt crisis, with 14 more on the verge. Globally, there is about $200 trillion of debt on the books. Although the poor and disenfranchised of the world play no role in negotiating these loans, in debt crises they usually end up paying the price. So when a country borrows money, who or what is the “economic agent” responsible for taking on the debt? Can traditional economic theory explain why we face debt crises and how we can get out of them? Or do we need a new economic model that dispels some of the myths of the traditional model and offers a more ethical solution to the global debt crisis? John and Ken are held to account with Julie Nelson from the University of Massachusetts Boston, author of Economics For Humans.

Type of resource	sound recording-nonmusical
Form	podcasts
Extent	1 audio file
Place	KALW (Radio station : San Francisco, Calif.)California
Date created	February 28, 2016
Language	English
Digital origin	born digital
Track configuration	Stereo

Subject	Debt > Moral and ethical aspects
Subject	Debt relief
Subject	Equality
Genre	Radio talk shows

philosophytalk.org show page	Title The Ethics of Debt
Finding Aid	Title Philosophy Talk (SC1118)
Show#	401.0
Location	https://purl.stanford.edu/jh200vr1385
Location	SC1118
Repository	Stanford University. Libraries. Department of Special Collections and University Archives

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