The Making of the Indebted Man

The Making of the Indebted Man
Author :
Publisher : National Geographic Books
Total Pages : 0
Release :
ISBN-10 : 9781584351153
ISBN-13 : 1584351152
Rating : 4/5 (53 Downloads)

Book Synopsis The Making of the Indebted Man by : Maurizio Lazzarato

Download or read book The Making of the Indebted Man written by Maurizio Lazzarato and published by National Geographic Books. This book was released on 2012-08-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new and radical reexamination of today's neoliberalist “new economy” through the political lens of the debtor/creditor relation. "The debtor-creditor relation, which is at the heart of this book, sharpens mechanisms of exploitation and domination indiscriminately, since, in it, there is no distinction between workers and the unemployed, consumers and producers, working and non-working populations, between retirees and welfare recipients. They are all 'debtors,' guilty and responsible in the eyes of capital, which has become the Great, the Universal, Creditor." —from The Making of the Indebted Man Debt—both public debt and private debt—has become a major concern of economic and political leaders. In The Making of the Indebted Man, Maurizio Lazzarato shows that, far from being a threat to the capitalist economy, debt lies at the very core of the neoliberal project. Through a reading of Karl Marx's lesser-known youthful writings on John Mill, and a rereading of writings by Friedrich Nietzsche, Gilles Deleuze, Félix Guattari, and Michel Foucault, Lazzarato demonstrates that debt is above all a political construction, and that the creditor/debtor relation is the fundamental social relation of Western societies. Debt cannot be reduced to a simple economic mechanism, for it is also a technique of “public safety” through which individual and collective subjectivities are governed and controlled. Its aim is to minimize the uncertainty of the time and behavior of the governed. We are forever sinking further into debt to the State, to private insurance, and, on a more general level, to corporations. To insure that we honor our debts, we are at once encouraged and compelled to become the “entrepreneurs” of our lives, of our “human capital.” In this way, our entire material, psychological, and affective horizon is upended and reconfigured. How do we extricate ourselves from this impossible situation? How do we escape the neoliberal condition of the indebted man? Lazzarato argues that we will have to recognize that there is no simple technical, economic, or financial solution. We must instead radically challenge the fundamental social relation structuring capitalism: the system of debt.


The Making of the Indebted Man Related Books

The Making of the Indebted Man
Language: en
Pages: 0
Authors: Maurizio Lazzarato
Categories: Philosophy
Type: BOOK - Published: 2012-08-31 - Publisher: National Geographic Books

DOWNLOAD EBOOK

A new and radical reexamination of today's neoliberalist “new economy” through the political lens of the debtor/creditor relation. "The debtor-creditor rela
White House Burning
Language: en
Pages: 386
Authors: Simon Johnson
Categories: Business & Economics
Type: BOOK - Published: 2013-02-12 - Publisher: Vintage

DOWNLOAD EBOOK

From the authors of the national bestseller 13 Bankers, a chilling account of America’s unprecedented debt crisis: how it came to pass, why it threatens to to
Rethinking Sovereign Debt
Language: en
Pages: 342
Authors: Odette Lienau
Categories: Business & Economics
Type: BOOK - Published: 2014-02-18 - Publisher: Harvard University Press

DOWNLOAD EBOOK

Conventional wisdom holds that all nations must repay debt. Regardless of the legitimacy of the regime that signs the contract, a country that fails to honor it
Is U. S. Government Debt Different?
Language: en
Pages: 316
Authors: Donald S. Bernstein
Categories: Debts, Public
Type: BOOK - Published: 2012-11-27 - Publisher:

DOWNLOAD EBOOK

Too Little, Too Late
Language: en
Pages: 307
Authors: Martin Guzman
Categories: Business & Economics
Type: BOOK - Published: 2016-05-10 - Publisher: Columbia University Press

DOWNLOAD EBOOK

The current approach to resolving sovereign debt crises does not work: sovereign debt restructurings come too late and address too little. Though unresolved deb