Governing by Debt (Semiotext(e) / Intervention Series)
Description
An argument that under capitalism, debt has become infinite and unpayable, expressing a political relation of subjection and enslavement.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 unpay...
ISBN(s)
1584351632, 9781584351634
