Cultures that believe in reincarnation think that we enter the world with a certain amount of entries on the karmic balance sheet depending on one's behavior in past lives ... therefore each time around the wheel of life is spent both working off prior accululated karmic debt as well as generating new entries. While negative or bad karma is not viewed in the same way that Judeo-Christian cultures view sin, it's to some extent analogous.
This whole discussion, however, leads to the one about the existence of evil. (I'm pretty sure about that one, personally. Evil is quite real, tangible, and observable in many cases.)
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