Transforming usury into finance: Financialization and the ethics of debt
This article examines the conceptual transformation of what was once considered usury into finance. To counter traditional arguments that usury was exploitative and unnatural, early modern theorists reconceptualized debt as a form of investment for both borrowers and lenders. Today, this ethical jus...
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| Format: | Article |
| Language: | English |
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University of Edinburgh
2018-05-01
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| Series: | Finance and Society |
| Online Access: | http://financeandsociety.ed.ac.uk/article/view/2739 |