Enciclopedia Cattolica Vol. I, 1948 Moral theology

Stockjobbing

AGGIOTAGGIO

Italian original Cite

STOCKJOBBING. - Speculation consisting in publishing or otherwise divulging false, exaggerated or tendentious news, or employing other artifices, apt to cause a rise or a fall in the price of goods, or of securities admitted to the stock exchange lists or negotiable on the public market. In many legislations a. is considered a crime (for Italy v. Cod. pen. arts. 267 and 501).

A., as is obvious, is always immoral. Whoever has recourse to it injures commutative justice to the extent of the damage that he actually causes to others; and to that extent he is therefore bound to restitution.

If it proves very difficult or impossible to identify the injured parties - which occurs in cases in which a. assumes considerable proportions - according to the common feeling the sums unduly realized must be employed in works of charity. (v. BOBBA).

Bibliography
BIBL.: R. Mangini, Economia pubblica, in Nuovo Digesto Ital., V, Turin 1938, pp. 275-76.

Pietro Pavan

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By Pietro Pavan

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Translated from the Enciclopedia Cattolica, vol. I (1948), col. 449.

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Page 287
vol. 1, coll. 449–450

More by Pietro Pavan: Aristocracy · Advocate · Firm · Azor, Juan · Boycott

Cite this article

Chicago

Pavan, Pietro. “Aggiotaggio.” In Enciclopedia Cattolica, vol. I, col. 449. Città del Vaticano: Ente per l’Enciclopedia Cattolica e per il Libro Cattolico, 1948. https://azioneromana.com/article/aggiotaggio.

MLA

Pavan, Pietro. “Aggiotaggio.” Enciclopedia Cattolica, vol. I, Ente per l’Enciclopedia Cattolica e per il Libro Cattolico, 1948, col. 449. Azione Romana, https://azioneromana.com/article/aggiotaggio.

BibTeX

@incollection{ec1_aggiotaggio,
  author    = {Pavan, Pietro},
  title     = {Aggiotaggio},
  booktitle = {Enciclopedia Cattolica},
  volume    = {I},
  pages     = {449},
  note      = {Cited by column},
  publisher = {Ente per l’Enciclopedia Cattolica e per il Libro Cattolico},
  address   = {Città del Vaticano},
  year      = {1948},
  url       = {https://azioneromana.com/article/aggiotaggio}
}

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