From the Margins interviews Richard Robbins, professor of Anthropology at the State University of New York, who has a forthcoming book with co-author Tim Di Muzio titled, Debt as Power. The book takes a historical look at how perpetual economic growth is wedded to a debt economy and argues that debt is a tool of power under capitalism that enriches the 1% at the expense of others.
Robbins speaks about the origins of debt under capitalism, what is really behind austerity measures to curtail national debts, and public responses to debt burdens.
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