The Jubilee Tradition of Debt Release and Its Implications for Sustainable Financial Ethics
DOI:
https://doi.org/10.55927/marcopolo.v4i3.17Keywords:
Jubilee Tradition, Debt Relief, Financial Ethics, Sustainability, TheologyAbstract
This study examines the theological underpinnings of the Jubilee tradition of debt relief and its implications for contemporary sustainable finance ethics. Rooted in biblical texts, particularly Leviticus 25, the Jubilee reflects the principles of economic justice, restoration, and social balance through periodic debt cancellation and resource redistribution. This study uses a qualitative normative-theological approach by analyzing the interpretation of scripture and the discourse of modern financial ethics. The results of the study show that the Jubilee tradition offers a critical framework in responding to modern issues such as inequality, debt entanglement and an unsustainable financial system. This tradition emphasizes moral responsibility, collective well-being, and long-term sustainability as opposed to mere profit orientation. This research confirms the relevance of classical theological ethics in shaping fairer and more sustainable financial policies and encourages an interdisciplinary approach between theology and economic governance.
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