Movement of the right property in the Banking System
AbstractThis article proposes the reduction of the vagueness of the term user in risk analysis employed by the operators of the banking system. Also presented the relation between this analyses with the individual, collective and diffuses rights. In the era of the Medici was reasonable that the feudal lords who wished to carry out some trading enterprise should enjoy the privileges of low interest rates for loans. For slaves and servants, however, who wanted to gain a little space of liberty, had to accept very high interest rates. The various social, political and cultural changes occurring in the course of the last seven centuries have failed to rectify one of the main causes of inequality in the distribution of wealth. The right to property of small groups still has greater weight than the right to property of larges groups. The popular expression “Money calls to money” (a saying that exists in many languages3) describes a magnet that attracts money according to wealth of the owner. The more money you have the more you will be given, while to a small sum of money equivalent sums are not added, but the original is reduced to the point where it disappears. This slipping away and reduction of small amounts of money consolidates acts that destroy the right to property of large groups of people, which contributes to configure the prevention of risks components which the bank operators include in the rates of interest.The notorious and manifest irregularities practiced in the banking system, as exemplified in Argentina 2001, have shown that the negative externality go beyond the geographic frontiers of national legal systems regarding the right to property. The thesis put forward here is the need to apply the positive law to reduce the injustices caused by the banking system in the globalised society.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Argentine Center of International Studies in its series Working Papers - Programa Derecho Internacional with number 017.
Date of creation:
Date of revision:
Postal: Argentine Center of International Studies, Cafayate 1031, CP: 1408, Buenos Aires, Argentina.
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ariel González).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.