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Debt as power / / Tim Di Muzio and Richard H. Robbins



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Autore: Di Muzio Tim Visualizza persona
Titolo: Debt as power / / Tim Di Muzio and Richard H. Robbins Visualizza cluster
Pubblicazione: Manchester University Press, 2016
Manchester, England : , : Manchester University Press, , 2016
©2016
Descrizione fisica: 1 online resource (x, 205 pages) : illustrations, portraits, charts
Disciplina: 336.34
Soggetto topico: Capitalism
Credit
Debt
Soggetto non controllato: debt
global economy
investors
creditors
capitalism
inequality
Persona (resp. second.): RobbinsRichard H <1940-, > (Richard Howard)
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: 1. Towards a stark utopia -- 2. Origins: war, national debt and the capitalized state -- 3. Intensification: war, debt, and colonial power -- 4. Consequences: the debt-growth-inequality nexus --5. Solutions: a party of the 99% and the power of debt -- Appendix A -- Appendix B.
Sommario/riassunto: 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.
Titolo autorizzato: Debt as power  Visualizza cluster
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 996552347903316
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Serie: Theory for a global age.