Gregorio Guitián e-mail(Login required)

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Gregorio Guitián e-mail(Login required)

Abstract

160
In the light of the financial crises of the last decades, we examine whether the financial system can be considered as a «structure of sin». Firstly, we deal with Catholic Social Teaching and other authors’ statements on our question. The second part opens up an ethical reflection on some sensitive points: financial instruments which have played an important role in recent crises (derivatives and hedge funds) and financial operations, property and moral responsibility. We propose to pay attention to High Imprudence Potential Instruments and Structures (HIPI and HIPS) and finally we offer a response.

Keywords

Financial System, Structure of Sin, Catholic Social Teaching

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Section
Research Studies
Author Biography

Gregorio Guitián, Universidad de Navarra.

Navarra - España