Tagesarchiv: 12. Juni 2012

Debt and Punishment. A critical review of David Graeber’s ›debt‹. The book is missing an analysis of capitalism

The last few years of crisis politics were a prime example of how on the one hand profits are privatized, while on the other hand losses are socialized. The deep crisis of capitalism has left in its wake a sovereign debt crisis. The answer of the political class has been fiscal consolidation. Finance capital’s claims […]

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