Journal of Hebei University(Philosophy and Social Science) ›› 2021, Vol. 46 ›› Issue (2): 150-160.DOI: 10.3969/j.issn.1005-6378.2021.02.018

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The Evolution of the Opinion on Bankruptcy in Modern Britain

YUAN Yuehua   

  1. Institute of European Civilization, Tianjin Normal University, Tianjin 300387, China
  • Received:2020-09-01 Online:2021-05-04 Published:2021-05-04

Abstract: Bankruptcy is a common economic phenomenon in contemporary Britain,and people will look at it in a normal way.This opinion of bankruptcy in Britain was mainly formed in modern times.In early modern times,people regarded bankruptcy as a criminal act,and the bankrupt as a criminal.People regarded bankruptcy as a shame in ethics and morality.In the 18th century,the opinion of bankruptcy guilt began to fade.With the economic and social transformation in Britain and the rise of Evangelism movement,the opinion of bankruptcy innocence was formally formed.People no longer regarded bankruptcy as a crime,but gradually accepted it as the result of the failure of normal business.The bankruptcy law no longer aims at preventing bankruptcy fraud.

Key words: Modern Britain, the opinion on bankruptcy, bankruptcy innocence

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