Debt as Power

"Debt as power is a timely and innovative contribution to our understanding of one of the most prescient issues of our time: the explosion of debt across the global economy and related requirement of political leaders to pursue exponential growth to meet the demands of creditors and investors....

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Bibliographic Details
Main Author: Di Muzio, Tim (auth)
Other Authors: H. Robbins, Richard (auth)
Format: Book Chapter
Published: Manchester University Press 2016
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Online Access:Get Fullteks
DOAB: description of the publication
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020 |a 9781526101013 
020 |a 978152610013 
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072 7 |a JFFS  |2 bicssc 
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100 1 |a Di Muzio, Tim  |4 auth 
700 1 |a H. Robbins, Richard  |4 auth 
245 1 0 |a Debt as Power 
260 |b Manchester University Press  |c 2016 
300 |a 1 electronic resource (216 p.) 
506 0 |a Open Access  |2 star  |f Unrestricted online access 
520 |a "Debt as power is a timely and innovative contribution to our understanding of one of the most prescient issues of our time: the explosion of debt across the global economy and related requirement of political leaders to pursue exponential growth to meet the demands of creditors and investors. The book is distinctive in offering a historically sensitive and comprehensive analysis of debt as an interconnected and global phenomenon. Rather than focusing on the historical emergence of debt as a moral obligation, the authors argue that debt under capitalism can be conceived of as a technology of power, intimately tied up with the requirement for perpetual growth and the differential capitalization that benefits 'the 1%'. Their account begins with the recognition that the histories of human communities and their natural environment are interconnected in complex spatial and hierarchical relations of power and to understand their development we need to not only examine the particularities of a given case, but more importantly their interconnected, interdependent and international relations. Since debt under capitalism is increasingly ubiquitous at all levels of society and economic growth is now the sole mantra of dominant political parties around the world, the authors argue that tracing the evolution and transformation of debt as a technology of power is crucial for understanding the 'present as history' and possible alternatives to our current trajectory." 
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546 |a English 
650 7 |a Globalization  |2 bicssc 
650 7 |a Economics  |2 bicssc 
653 |a debt 
653 |a global economy 
653 |a investors 
653 |a creditors 
653 |a capitalism 
653 |a inequality 
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