An interesting talk between David Graeber & Thomas Piketty on debt, capitalism, neoliberalism & inequality

Graeber: “Our feelings of helplessness stem from the fact that for thirty years the tools of persuasion and coercion have been mobilized to wage an ideological war for capitalism, rather than to create conditions for capitalism to remain viable. Neoliberalism places political and ideological considerations above economic ones. The result has been a campaign of fantasy manipulation, a campaign so effective that people with dead-end jobs now believe that there is no alternative.”
Piketty: “The apparatus of persuasion—or of repression, or a combination of the two, depending on what country you are considering—may allow the present situation [of inequality] to persist.” (Here is a full text here of this exchange held at the École Normale Supérieure)


One comment

  1. I fear that we won’t get a chance to repair this beast, we are so invested in our matrix that we’ll go right off the cliff without even attempting to apply the brakes or Steer in another direction. If that is the case, then I’m afraid the depression of the 1930s will have been a joy ride in comparison

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