Abstract

Along with the question of what kind of debt reduction we should grant to the third world, one must also ask the question of why such a reduction is needed, and what is the ethical justification for it. This question belongs in a specific context: that of the jubilee year. In Leviticus 25, it is said that every fifty years on the day of atonement the ram's horn is sounded and liberty is proclaimed “throughout the land to all its inhabitants; it shall be a jubilee for you, when each of you shall return to his property and each of you shall return to his family”. The jubilee year is a year of freedom, a time of redistribution and new beginnings, of a return to the original relations among people, which also implies the forgiveness of the debts incurred by history's `losers'.This radical redistribution looks like a utopian dream, but it is nothing of the sort. It is thought of as a real historical possibility, about which a reasonable debate can take place. The Belgian bishops have pointed out that this historical possibility also involves recognizing the sacred historical significance of the life of Jesus Christ. According to Luke's gospel , itself referring to Isaiah 61:1-3, he conceived his life's task as that of effectively accomplishing the jubilee year. The tone is even more radical in a verse from Isaiah 58, 6 where there is talk of “freeing the oppressed”.Jesus's action was more than simply the proclamation of good news; his action also had real consequences for those concerned: it was good news for the poor, light for the blind, freedom for the imprisoned, and justice for those who are repressed. Jesus showed that social relations could no longer be the way they had been, and that imitating Him meant that the faithful had to become apologists for the poor, which means they had to work towards a new history in which “the contorted relations between people are set aright, poverty is overcome and all the debts of the destitute are forgiven”.In this article I would like to examine certain aspects of this ethical mission and show that this radical demand for debt forgiveness is not an exception in Christian ethics. To this end, I will reflect on various key concepts in Christian ethical thought: social justice, solidarity and the universal right to use earthly goods