The Crisis and the Social Ethics of Finance. Selected Issues

Abstract

Background: The crisis of modern finances is part of a longer process of lack of correspondence between economic life and the common social good. It fits in with the diagnosis of an anthropological error underlying contemporary economic activities. Research objectives: The aim of this article is to highlight selected moments related to the failure of the financial system in the context of ethical requirements that should be included in the functioning of this system. Their omission ultimately leads to serious individual and social damage, including the undermining of the freedom foundations of all economic decisions, including in the field of finance. Research design and methods: The adopted analytical-synthetic method is calculated to signal specific areas raising ethical doubts. Their exemplification leads to an attempt to define the key problem of modern finance, which is breaking away from the foundation of ethical values and, consequently, abandoning the common good as the social goal of all human activity. Results: The literature cited in the study, mainly in the area of the broadly understood ethics of economic life, supports its basic thesis about the key importance of ethical values in the process of avoiding eco-nomic crises. : The preseConclusionsnt text is therefore intended to recall the meanings of spiritual goods in the context of the financial crises, and the truth that, in fact, on the spiritual level does a real human encounter and a real multiplication of goods take place

Keywords

• crisis
• social economic ethics
• personalism
• social economy
• ethics