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What follows are a series of brief reflections (part of a much broader work in progress) on debt, credit, and virtual money: topics that are, obviously, of rather pressing concern for many at the current time.
There seems little doubt that history, widely rumored to have come to an end a few years ago, has gone into overdrive of late, and is in the process of spitting us into a new political and economic landscape whose contours no one understands. Everyone agrees something has just ended but no one is quite sure what. Neoliberalism? Postmodernism? American hegemony? The rule of finance capital? Capitalism itself (unlikely for the time being)?
It’s even more difficult to predict what’s about to be thrown at us, let alone what shape the forces of resistance to it are likely to take. Some new form of green capitalism? Knowledge Keynesianism? Chinese-style industrial authoritarianism? ‘Progressive’ imperialism?