What might appear to each of us as vicissitudes of fate and fortune are actually organized by more durable relationships and processes that usually remain opaque.
it seems long ago that anybody trusted the state to serve as a bulwark against the global system
[...] they insist that the poor do not necessarily get poorer, so that one may express a cautious hope that some of the poor might sometimes become somewhat less poor than they used to be. Indeed, the only remaining moral justification of the current system hangs by that thread: as long as it can…
By emphasizing the problem of debt in the present crisis, then, we can cut across many of the other explanations currently on offer, whether those highlight the hubris of financiers, the folly of borrowers, the irrationality of the institutional structures, or the imbalances rooted in the internati…
