Theologian

Who Deserves ‘Good Debt’? Experts Reopen an Old Moral Debate

As governments, households and firms navigate higher borrowing costs, a renewed debate is emerging over who can borrow responsibly and who is merely being trapped by debt. Sociologists, theologians and philosophers argue that the label “good debt” is never neutral: it reflects power, access and the social purpose of borrowing as much as balance-sheet arithmetic.