Debt pyramids depend on the debtor’s daily labor to stay standing.
Evidence
Gordon imagined the Woburn debt as an immense pyramid. Each block of the pyramid represented a creditor, and there were hundreds of them. Keeping all the blocks in place, the pyramid intact, had become exhausting work. “The one day I don’t come in—if I get sick or I don’t have the energy—that’s the point it could all come down,” moaned Gordon. — , Harr Jonathan - A Civil Action, 2117
Categorization
- SEED: Possible essay on the emotional labor of insolvency: the debtor as full-time maintenance worker keeping a structure aloft by hand.
- XREF: connects to: Debt operates as a capture of the debtor’s future time. — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 1666; Financial sector wealth derives from debts that discipline debtors into compliance — Max Haiven, Cultures of Financialization, 90; Finance operates as a disciplinary mechanism that mobilizes debt to exploit labor. — Max Haiven, Cultures of Financialization, 58 (+3 more)
Broader Connections
- Financial sector wealth derives from debts that discipline debtors into compliance
#corroborates(0.90) — Max Haiven, Cultures of Financialization, 90 - Finance operates as a disciplinary mechanism that mobilizes debt to exploit labor.
#corroborates(0.90) — Max Haiven, Cultures of Financialization, 58 - Debt operates as a capture of the debtor’s future time.
#expands(0.85) — Mark Fisher (edited by Darren Ambrose), K-Punk, 1666 - Debt forms cascading chains that transmit creditor pressure downward
#corroborates(0.85) - Debt functions as a mechanism extending working life indefinitely
#expands(0.80) — Mark Fisher (edited by Darren Ambrose), K-Punk, 1630 - Capital exploits influencers through rents and debt until their bodies are exhausted and discardable
#exemplifies(0.80) — Grant Bollmer, Katherine Guinness, The Influencer Factory, 27