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Gazing into the abyss of indebted society: the social power of money and debt

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posted on 2023-06-09, 12:16 authored by Andreas AntoniadesAndreas Antoniades
Ever larger parts of life and nature are integrated in our socioeconomic system as future cash flows, augmenting obscure, unstable and unsustainable debt structures. The larger and deeper these debt structures grow, the larger, more multifaceted and destructive the inequality divide in our societies becomes. It is now normal for people to live indebted, as it is normal for young students to have their future monetised through student loans, the debt implications of which may never escape. What forces normalise these abnormal and unsustainable patterns and our rather admissive/submissive response to them? How our lives and future have been monetised and where have our social consent and agency been in these processes? Is there a way out, before crossing the boundary of social sustainability and environmental collapse? The three books examined here offer refreshing and complementary perspectives on these ‘big questions’ on which our monetised future depends.

History

Publication status

  • Published

File Version

  • Accepted version

Journal

Political Studies Review

ISSN

1478-9299

Publisher

SAGE Publications

Issue

4

Volume

16

Page range

279-288

Department affiliated with

  • International Relations Publications

Research groups affiliated with

  • Centre for Global Political Economy Publications
  • Sussex Sustainability Research Programme Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2018-02-20

First Open Access (FOA) Date

2018-02-20

First Compliant Deposit (FCD) Date

2018-02-20

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