Ethical Reflection On Shared Finance

The development of shared finance has profound practical and ethical significance.In practice,China's Internet development level and scale effect are obvious.Relying on the development of Internet technology,China has begun to enter a period of vigorous development of shared finance.The sharing financial model that the sharing economy gives birth to is changing the existing and traditional financial model.A new financial ecosystem has begun to take shape.This includes increasing and upgrading the shared service business of traditional financial institutions,and establishing new shared financial platforms and institutions.Different from the financial institutions that used to serve large customers and high capital groups,the main object of sharing financial services is a wide range of consumer groups.Generally speaking,due to the lack of financial resources,lack of financial knowledge,information asymmetry and other reasons,ordinary consumers can not participate in financial activities safely and conveniently.Sharing finance reduces the threshold of financial participation through big data,cloud computing,Internet and other technologies,so that ordinary consumers can easily enjoy sharing financial services,and also provides a way to solve the financing problem of small and medium-sized enterprises.From the perspective of ethics,the development of shared finance is not only the result of the integration and innovation of Finance and ethical principles,but also the reflection and response to the problem of financial alienation from the perspective of ethics.Different from traditional finance,sharing finance has a profound ethical foundation since its birth.Sharing finance has truly realized the sharing unity of content and form of financial activities.Both the sharing financial contract itself and the results of sharing financial activities are in line with the goal of sharing value.The development of shared finance is also a response to the call of the principle of economic justice.In the interest distribution,the sharing finance adheres to the concept of "interest sharing",and truly achieves that every subject participating in financial activities can enjoy their due returns equally,justly,legally and reasonably,which embodies the distribution justice in economic justice.In addition,the development of sharing finance also promotes the just development of the whole sharing economy,and the emergence of sharing finance accelerates the improvement of the sharing industry chain.Under the background of the whole sharing economy,a variety of sharing platforms begin to appear.Competition tends to rationalize,but also stimulates people's demands for fairness.Finally,the ethics of shared finance is also reflected in the cultivation of responsibility and right awareness of economic and financial activities.Shared finance weakens the feature of "being too poor to be rich" in the past financial activities,and strengthens the sense of responsibility and right of every financial activity participant.Everyone is not only the holder of the right of financial activities,but also the bearer of responsibility.However,sharing finance is still a modern rational form of finance.The essence of self-interest and capital exclusivity in its financial rationality has not changed.Although China has issued a number of policies and laws and regulations to rectify the development of shared finance,it is difficult to fundamentally solve the problem of capital monopoly and arbitrariness hidden in shared finance by relying solely on external legal measures.At the same time,the development of shared finance mainly depends on the traditional financial system.In the process of development,there are inevitably a series of ethical paradox problems,such as goal paradox,justice paradox and rights paradox.Influenced by the aggressiveness and monopoly of financial capital,the development of sharing finance deviates from the original goal,and the real sharing has not been well realized.Therefore,we must look at the development of shared finance in a dialectical way,get enlightenment from Marx's criticism of capital,dig into the nature of financial capital arbitrariness that causes the deviation between shared finance and target,and recognize the deep root of a series of paradoxes of shared finance through the discovery of credit alienation and virtual economy alienation.If we want to solve these paradoxes fundamentally,we must give a deep ethical reflection and philosophical inquiry to the development of shared finance while strengthening legal supervision.For the ethical reflection of shared finance,we should not only recognize a series of ethical paradoxes generated by the development of shared finance from the ethical perspective,but also solve this development problem from the practical aspect.In China,the development of shared finance has profound traditional ethical spirit support and institutional advantages.From the traditional Confucian cultural values of "unity of justice and interest" to the present system of common development with public ownership as the main body and multiple ownership,from the establishment of the financial system of the ancient bank and ticket office to the improvement of the modern financial system in China,all provide a broad space for the development of shared finance.In the face of a series of ethical paradoxes arising from the development of shared finance,we should not only question the legitimacy of the existence of shared finance,but also answer them from the perspective of system,policy,ethics and philosophy.As a result of human's pursuit of free will in the field of finance,the development of shared finance should first return to the moral philosophy of policy,that is,to develop shared finance,to maintain the basic moral outlook of financial policy-making--the correct outlook on wealth and interests,the objective,fair and honest code of conduct,the social system with social responsibility and power,and the combination of altruism and egoism Unified moral rationality and so on.Secondly,guided by the criticism of Marx's political economy,we should resolutely put an end to the prevalence of capitalist values of "self-interest" and "selfishness",and prevent the trend of "from reality to virtual" in sharing finance.To treat the essence of capital proliferation correctly,under the guidance of Marx's political economy,make financial capital proliferation lead to financial shared services.Finally,it calls for the ethical sentiment of sharing finance,achieves the unity of the direction of sharing financial instruments and the direction of people,grasps the balance of the development of sharing finance,takes into account the development of entity and virtual economy,and integrates the development of sharing finance with the idea of benefiting the public in China's economic development.