ABSTRACT
This conclusion chapter presents some closing thoughts covered in the preceding chapters of this book. The two macrodebts, the financial and the ecological, are gigantic-their scale the same as that of the current process of globalization. The difference between the two debts lies first and foremost in the way we think of them. The market debts are totted up according to the logic of individuals competing for access to resources in a world without equality. The debts of States are treated in the same way-as those of imaginary macroindividuals-the State's budget seen simply as that of a huge household, and its expenditure as shopping. Today the devotees of the sovereign market, calculating our debts and demanding that we pay them, share the world stage-often in raucous conflict-with the priests and prophets of the great religions of transgression that manage the incalculable social debt. As neoliberal doctrine sees it, basing its reading exclusively on consumption, this Market is a- or antisocial.
