Debt operates as a capture of the debtor’s future time.
Evidence
What is debt? It is also a capture of time, of our future. So the confrontation with university students in the UK is a dramatic example of the kind of switch-around we have seen — a struggle over the use of time. — Mark Fisher (edited by Darren Ambrose), K-Punk, 1666
Categorization
- XREF: connects to: Debt has historically served to capture and fix people within political bonds — Achille Mbembe, Necropolitics, 133; Bank lending transfers future value to the present to earn interest — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 1028; Debt and finance work biopolitically to produce compliant self-financing subjectivities — Max Haiven, Cultures of Financialization, 90 (+6 more)
Broader Connections
- Debt has historically served to capture and fix people within political bonds
#expands(0.85) — Achille Mbembe, Necropolitics, 133 - Finance operates as a disciplinary mechanism that mobilizes debt to exploit labor.
#expands(0.85) — Max Haiven, Cultures of Financialization, 58 - Financialization captures and encloses human creative capacity through debt
#expands(0.85) — Max Haiven, Cultures of Financialization, 390 - Debt and finance work biopolitically to produce compliant self-financing subjectivities
#expands(0.80) — Max Haiven, Cultures of Financialization, 90 - Financial sector wealth derives from debts that discipline debtors into compliance
#expands(0.80) — Max Haiven, Cultures of Financialization, 90 - Bank lending transfers future value to the present to earn interest
#expands(0.75) — Yanis Varoufakis, Technofeudalism, 1028