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-The debtor-creditor relation, which is at the heart of this book, sharpens mechanisms of exploitation and domination indiscriminately, since, in it, there is no distinction between workers and the unemployed, consumers and producers, working and non-working populations, between retirees and welfare recipients. They are all 'debtors, ' guilty and responsible in the eyes of capital, which has become the Great, the Universal, Creditor.- -- from The Making of the Indebted Man

Debt -- both public debt and private debt -- has become a major concern of economic and political...

In Experimental Politics, Maurizio Lazzarato examines the conditions of work, employment, and unemployment in neoliberalism's flexible and precarious labor market. This is the first book of Lazzarato's in English that fully exemplifies the unique synthesis of sociology, activist research, and theoretical innovation that has generated his best-known concepts, such as "immaterial labor." The book (published in France in 2009) is also groundbreaking in the way it brings Foucault, Deleuze, and Guattari to bear on the analysis of concrete political situations and real social struggles,...

Experts, pundits, and politicians agree: public debt is hindering growth and increasing unemployment. Governments must reduce debt at all cost if they want to restore confidence and get back on a path to prosperity. Maurizio Lazzarato's diagnosis, however, is completely different: under capitalism, debt is not primarily a question of budget and economic concerns but a political relation of subjection and enslavement. Debt has become infinite and unpayable. It disciplines populations, calls for structural reforms, justifies authoritarian crackdowns, and even legitimizes the suspension of...