By George Caffentzis
(In press, Red Pepper, Feb-March 2014 issue)
«Only debtors can free debtors from their debt» -Patterned on Berthold Brecht’s poem, All or Nothing.
Introduction. “Macro” and “Micro” Debt
The Global Justice movement of the 1990s and early 2000s focused on national debt. It is time that its heirs join forces with the nascent movements struggling against micro-debt that developed after the crash of 2008 in order to present a challenge to the whole debt economy.
To make my argument for this political conclusion I distinguish two categories of debt–micro-debt and macro-debt–and define the notion of a debt economy… Sigue leyendo