ABSTRACT

This conclusion presents some closing thoughts on key concepts discussed in the preceding chapters of this book. The book examines the roles played by neoliberal states in deepening its class-based agenda through the social power of money. It suggests that people employ a historical materialist framework to locate the origins of the social power of money in the wider context of the dynamics of credit-led accumulation. The book contributes the debates on neoliberalisation in a way that will facilitate a more rigorous and complete explanation regarding the origins of power, transformation and the social reproduction of the monetised relations of debt in the poverty industry. It argues surplus population an integral feature of the expression of global capitalism: namely, credit-led accumulation or, accumulation via privately created money. The illusions of democracy, equality and freedom underpinning the community of money are not only bolstered by the construction of the surplus population as a source of consumer citizens or clients.