Debt

SALT

January 2012

After too many months of preparation, escalate collective’s new text SALT is available to download!

This piece, more extensive than our previous interventions, offers a history of the economic crisis of capitalist deferral particularly with reference to struggles in the United Kingdom

With a mass default on US student debt threatening to create the next subprime crisis, Angela Mitropoulos dissects the pious injunction to ‘live within ones means', reminding us that to do so has always implied the back-breaking, often immeasurable work of others.

As the occupy movement in the US this week shifts its attention from the shiny crystallisations of high finance to the hubs of material circulation, Chris Wright reviews Paul Mattick Jr.'s book, Business as Usual, and asks: what is missed by shouting down only one aspect of capitalism?

With demands over the wage and welfare in austerity Greece deemed illegitimate because unaffordable, what shape can struggle take? Demetra Kotouza sees the all out attack on living standards as producing a de facto opposition that can’t be cohered by ideologies of class

A structurally adjusted version of an article first written for Wildcat magazine in April 2011, in which Clinical Wasteman considers crisis management in the world’s most ‘financialised’ and therefore most state-permeated economy – the UK

'Cut us, don't kill us!' plead UK culture luvvies, but perhaps 'if you're going to hit me, hit me with the axe' is a more radical slogan? Benedict Seymour considers the parallels between Beckett's Endgame and the Treasury's

THREE TALKS BY LOREN GOLDNER London, Jan 19th, 21st and 22nd, 2008

New York-based Marxist Loren Goldner is gave a series of talks in London hosted by Mute magazine [http://metamute.org]