Edited by James G. Carrier
Chapter 4: Debt, financialisation and politics
Since the Second World War debt and credit have become increasingly financialised. This chapter suggests that, to fully understand this economic and social context, anthropologists ought to reorient their theories away from the ‘everyday’ and ‘moral’ dimensions of debt and credit relations. Financialised debt and credit create intersections and disjunctures between different social layers and different economic forms. This complexity is best understood by reconstructing the political and economic causes and implications of financialised debt and credit, a task that requires a renewed pedagogical insistence in interdisciplinary and team work.
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