ABSTRACT

It would have been hard to miss the pivotal role debt has played for contentious politics in the last decades. The North Atlantic Financial Crisis, Global Recession and European Debt Crisis - as well as the recent waves of protest that followed them - have catapulted debt politics into the limelight of public debates. Profiting from years of fieldwork and an extensive amount of empirical data, Christoph Sorg traces recent contestations of debt from North Africa to Europe and the US. In doing so, he identifies the emergence of new transnational movement networks against the injustice of current debt politics, which struggle for more social and democratic ways of organizing debt within and between societies.

chapter 1|21 pages

D.R.E.A.M. (“Debt Rules Everything around Me”)

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chapter 2|24 pages

Theories of Financialization and Social Movements

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Some Preliminary Thoughts on Financialization
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chapter 3|10 pages

The Financialization of Capitalism

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Finance and Debt under Capitalism
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chapter 6|43 pages

Debtors' Clubs and Debtors' Unions

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A New Cycle of Contention: The Emergence of New Anti-austerity Movements
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chapter 7|32 pages

Who Owes Whom? Deconstructing Debt Fetishism

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chapter 9|24 pages

Towards a More Democratic Debt Politics?

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