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- Title
Financial Wealth, Value and Moral Corruption in Seneca's Economic Thinking1.
- Authors
Morcillo, Marta García
- Abstract
This article scrutinises Seneca's moral engagement with complex financial accounting as a speculative form of wealth and moneymaking that challenged social norms and subverted systems of value. The contribution discusses Seneca's construction of a form of greed and corruption that is often anticipated by psychological biases, such as loss aversion and self-deception. This degenerating process is exemplified by the misuse of financial ledgers, and specifically of the kalendarium, an account book associated with moneylending that Seneca describes as a suspect instrument of avarice that provoked the ruin of fortunes.
- Subjects
SENECA, Lucius Annaeus, ca. 4 B.C.-65 A.D.; CORRUPTION; LOSS aversion; PREJUDICES; SELF-deception; ACCOUNTING; ACCOUNT books; SOCIAL norms; FORTUNE
- Publication
Cultural History, 2024, Vol 13, Issue 1, p71
- ISSN
2045-290X
- Publication type
Article
- DOI
10.3366/cult.2024.0297