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Governing by Debt (Semiotext(e) / Intervention Series) – $275
by rgonzalezr
Experts, pundits, and politicians agree: public debt is hindering growth and increasing unemployment. Governments must reduce debt at all cost if they want to restore confidence and get back on a path to prosperity. Maurizio Lazzarato‘s diagnosis, however, is completely different: under capitalism, debt is not primarily a question of budget and economic concerns but a political relation of subjection and enslavement. Debt has become infinite and unpayable. It disciplines populations, calls for structural reforms, justifies authoritarian crackdowns, and even […]
Categories: Economía y Política • Tags: Capital, Debt, Democracy, deuda, economics, economy, Finance, Lazzarato, MIT