Abstract:From anti-debt movements in Mexico, Spain, Poland, Croatia, and Chile to the Occupy movements in the United States, Israel and Canada, organizations repudiating both debt and the centrality of financial markets have proliferated worldwide. In this article, I draw on Polanyi’s work in order to frame the financialization of society and different forms of debt repudiation as a double movement, characterized as a second wave of the commodification of money and the attempts by society to protect itself from the adv… Show more
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