By Arjo Klamer, Dirk Bezemer, Vera Lubbersen, Michael Milo, Irene van Staveren, Thomas Steiner, and others.
Resume of a position paper written as part of the three-year programme Finance and the Common Good (2019-2021) of Socires and the Sustainable Finance Lab.
Debts have always been a moral issue. They are laden with norms and values. Being in debt brings value judgments. Creating debt creates responsibility. The question is: are we treating debt properly today? Do debts and the relationships they imply need to be reassessed?
