Isn't debt ultimately more of a philosophical concept than a financial one? Indeed, it is seen as a moral fault whose unbridled demands cannot be met. It is repaid by a submission that has become infinite and a vision of work that has been totally deregulated. We are no longer in the age of masters and slaves. We need, as this insightful book shows, to identify new protagonists-no longer bourgeois or proletarians, but new players operating through computerized exchange networks, virtual transaction robots. Such is the fate of speculation, with its dematerialized share-price, worsening debt while evading the scrutiny of the law.
Isn't debt ultimately more of a philosophical concept than a financial one? Indeed, it is seen as a moral fault whose unbridled demands cannot be met. It is repaid by a submission that has become infinite and a vision of work that has been totally deregulated. We are no longer in the age of masters and slaves. We need, as this insightful book shows, to identify new protagonists-no longer bourgeois or proletarians, but new players operating through computerized exchange networks, virtual transaction robots. Such is the fate of speculation, with its dematerialized share-price, worsening debt while evading the scrutiny of the law.
