Financial Indebtedness as a Political Strategy

Financial Indebtedness as a Political Strategy

Money in law is a form of debt Lawyers are not much concerned about, and economists have never really known, what money actually is. In microeconomics the issue of money does not appear at all: indeed, mainstream microeconomics has eliminated money entirely from the...
For fragments, and not debts, we are

For fragments, and not debts, we are

It may be the case that one could note the peculiar appearance of the thinking minister. A thinking minister is not suddenly a liberated or a good minister, but at least a minister who thinks and does not just administer or govern; thus maintaining for a number of...
Cypriots Discover the Debt Jubilee

Cypriots Discover the Debt Jubilee

Come again? Cypriots discover the debt jubilee? Well yes actually, that is basically how depositors at Cypriot banks have been treated by the Troika, even if the decision to grab up to 9.9% of cash deposits to finance a bail out of the finance sector is being...
Debt as a Mode of Governance

Debt as a Mode of Governance

A man is no longer a man confined, but a man in debt. (Deleuze, 1995: 181) Capitalism has complete control over life: it has “biopolitical” control. Hence Deleuze’s above statement in his text on the societies of control, where the regime of indebtedness is as much...