Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.
In the Buddha's life story we see the three stages of practice: Morality comes first, then concentrated meditation, and then wisdom. And we see that the path takes time.
What is the relationship between spirituality and ethical practice? Since love and compassion and similar qualities all, by definition, presume some level of concern for others' well-being, they presume ethical restraint. We cannot be loving and compassionate unless at the same time we curb our own harmful impulses and desires.
Excellence" is not a gift, but a skill that takes practice.
We do not act "rightly" because we are "excellent",
in fact we achieve "excellence" by acting "rightly".
Men have their virtues and their vices, their heroisms and their perversities; men are neither wholly good nor wholly bad, but possess and practice all that there is of good and bad here below. Such is the general rule. Temperament, education, the accidents of life, are modifying factors. Outside of this, everything is ordered arrangement, everything is chance. Such has been my rule of expectation and it has usually brought me success.
The crash of 2008 was driven in no small part by unfair practices in the mortgage industry which led to many consumers being trapped in loans they didn't understand and couldn't afford.