Book Review : The Philosophy of Debt Alexander DOUGLAS Abingdon: Routledge, 2016. 164 pp

Larue, Louis
(2017) , 4 pages

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  • Larue, Louisorcid-logoUCLouvain
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Abstract
In "The Philosophy of Debt", Alexander Douglas claims that we collectively have a duty to sustain the institution of debt. I discuss this claim on two grounds. First, I argue that one would need a more thorough examination of the sorts of goods the institution of debt is supposed to sustain. Not all debts are beneficial, and not all forms of production are desirable. Second, I contend that individual agents may not always be able to go into debt. It is not at all clear, therefore, that they have a duty to promote and sustain this institution.
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Larue, L. (2017). Book Review : The Philosophy of Debt Alexander DOUGLAS Abingdon: Routledge, 2016. 164 pp (IRES Discussion Papers 2017-17). https://hdl.handle.net/2078.5/175274