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. The bo...

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Glavni autori: Di Muzio, Tim, H. Robbins, Richard
Format: Online
Jezik:engleski
Izdano: Manchester University Press 2021
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Online pristup:614091
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author Di Muzio, Tim
H. Robbins, Richard
author_browse Di Muzio, Tim
H. Robbins, Richard
author_facet Di Muzio, Tim
H. Robbins, Richard
author_sort Di Muzio, Tim
collection Directory of Open Access Books
description 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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spelling doab-20.500.12854ir-264242025-07-30T08:59:09Z Debt as Power Di Muzio, Tim H. Robbins, Richard debt global economy investors creditors capitalism inequality thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTQ Globalization thema EDItEUR::K Economics, Finance, Business and Management::KC Economics thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTQ Globalization thema EDItEUR::K Economics, Finance, Business and Management::KC Economics 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. 2021-02-10T12:58:18Z 2016-12-31 23:55:55 2019-12-03 08:32:13 2020-04-01T13:59:49Z 2016 book 614091 OCN: 1076724287 http://library.oapen.org/handle/20.500.12657/32159 978152610013 https://directory.doabooks.org/handle/20.500.12854/26424 eng open access image/jpeg image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/32159/1/9781526101013_fullhl.pdf https://library.oapen.org/bitstream/20.500.12657/32159/1/9781526101013_fullhl.pdf https://library.oapen.org/bitstream/20.500.12657/32159/1/9781526101013_fullhl.pdf https://library.oapen.org/bitstream/20.500.12657/32159/1/9781526101013_fullhl.pdf Manchester University Press 10.7765/9781526101013 10.7765/9781526101013 bcb4ab08-c525-4e6c-88e5-a0cf0a175533 978152610013 216 open access
spellingShingle debt
global economy
investors
creditors
capitalism
inequality
thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTQ Globalization
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTQ Globalization
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
Di Muzio, Tim
H. Robbins, Richard
Debt as Power
title Debt as Power
title_full Debt as Power
title_fullStr Debt as Power
title_full_unstemmed Debt as Power
title_short Debt as Power
title_sort debt as power
topic debt
global economy
investors
creditors
capitalism
inequality
thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTQ Globalization
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTQ Globalization
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
topic_facet debt
global economy
investors
creditors
capitalism
inequality
thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTQ Globalization
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
thema EDItEUR::G Reference, Information and Interdisciplinary subjects::GT Interdisciplinary studies::GTQ Globalization
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
url 614091
work_keys_str_mv AT dimuziotim debtaspower
AT hrobbinsrichard debtaspower