Alexander X. Douglas

The Philosophy of Debt (eBook, ePUB)

• Format: ePub

Produktbeschreibung

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.

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 180
• Erscheinungstermin: 6. November 2015
• Englisch
• ISBN-13: 9781317398851
• Artikelnr.: 44170084

Autorenporträt

Alexander X. Douglas is a Lecturer in Philosophy at Heythrop College, University of London, UK.

Inhaltsangabe

Section One: Language 1. 'Debt' as Equivocal 2. Debitum 3. Debt and Sin 4.
Debt vs. Duty, I 5. Debt vs. Duty, II 6. Owing and Owning 7. Creditum, I 8.
Creditum, II Section Two : History 9. What is the Institution of Debt? 10.
Ancient Usury 11. Productive and Extractive Usury 12. The Defence of Usury
13. Forced Debts 14. The Taming of Debt 15. Usury and Abusury Section Three
: Money 16. What is Money? 17. The Trick behind Money 18. The Origins of
Money 19. Debunking the Myth of Barter 20. Money as Debt 21. Chartalism and
Fiat Money 22. Government IOUs and Taxes 23. Bank Deposits and 'Inside
Money' 24. Monetary Operations and the Dominance of Bank IOUs 25. Fixed and
Floating Exchange Rates Section Four : Political Economy 26. The Monetary
Theory of Production 27. Debt, Trust, and Production 28. Debt Deflation and
Accidental Abusury 29. Government Deficits30. Inflation, I31. Inflation, II
32. What Any Housewife Knows33. Lazy Thinking and A New Proposal Section
Five: Notes and Replies to Objections 34. A Note on the 'Labour Market' and
Immigration 35. A Note on the Foreign Trade Balance 36. A Note on Marxism
and the Falling Rate of Profit Conclusion

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Section One: Language 1. 'Debt' as Equivocal 2. Debitum 3. Debt and Sin 4. Debt vs. Duty, I 5. Debt vs. Duty, II 6. Owing and Owning 7. Creditum, I 8. Creditum, II Section Two : History 9. What is the Institution of Debt? 10. Ancient Usury 11. Productive and Extractive Usury 12. The Defence of Usury 13. Forced Debts 14. The Taming of Debt 15. Usury and Abusury Section Three : Money 16. What is Money? 17. The Trick behind Money 18. The Origins of Money 19. Debunking the Myth of Barter 20. Money as Debt 21. Chartalism and Fiat Money 22. Government IOUs and Taxes 23. Bank Deposits and 'Inside Money' 24. Monetary Operations and the Dominance of Bank IOUs 25. Fixed and Floating Exchange Rates Section Four : Political Economy 26. The Monetary Theory of Production 27. Debt, Trust, and Production 28. Debt Deflation and Accidental Abusury 29. Government Deficits30. Inflation, I31. Inflation, II 32. What Any Housewife Knows33. Lazy Thinking and A New Proposal Section Five: Notes and Replies to Objections 34. A Note on the 'Labour Market' and Immigration 35. A Note on the Foreign Trade Balance 36. A Note on Marxism and the Falling Rate of Profit Conclusion

Rezensionen

'Debt is highly original contribution to applied philosophy; its sober and forceful arguments are presented with clarity and, without being moralistic, a high degree of moral urgency. Relying on conceptual analysis, logic, and empirical evidence, Douglas judiciously exposes many fallacies and popular myths about the nature of debt (and money). Douglas develops a sensible moral framework (traced back to David Hume and Anscombe) with which to understand and evaluate the modern institution of debt. It is public philosophy in the great tradition of Russell, Stebbing, Neurath, and Bedau.This quirky book is bound to be a classic itself and makes a useful companion to Graeber's Debt.' - Professor Eric Schliesser, University of Amsterdam, The Netherlands

'This is an extraordinary project and I am of the firm opinion that this book is not only original and highly useful, but, on occasion, also brilliant.' - Mark Peackock, York University, Canada

'Douglas demonstrates how philosophical tools can help us untangle our confused understanding of debt. Making the right moral and political choices about debt depends on this crucial project. This is an important contribution to the metaphysics, politics, and philosophy of money.' - David G. Dick, Ph.D., University of Calgary, Canada

'The Philosophy of Debt is a book full of examples and insights from many disciplines: history, economics, linguistics and ethics, among others. This richness has to be acknowledged. It helps the reader to understand what debt is, and it sheds new light on the normative issues that lie at its heart.' - Louis Larue, Universite catholique de Louvain