In Praise of Usura

15Oct09

At mute: In Praise of Usura

This is interesting and thought-provoking.

In the subprime crisis, which followed a mass desire to live above one’s means, the usury that allowed it demonstrates the connected notions of productive capital and the heterosexual family unit. Here, Melinda Cooper and Angela Mitropoulos trace usury’s genealogy in political economics, and praise those subprime ‘speculators’ who are inverting its exorbitant demands

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