A number of social theorists have argued that debt is now the determining economic and thus social relation, superseding relations of production or consumption as the socially formative economic dynamic. And debt plays a hegemonizing function. Credit and debt have been written into what I have...

In this book Ann Pettifor examines the issues of debt affecting the first world or OECD countries. She traces the history and roots of where the current international debt crisis comes from--economic liberalization--and the restructuring of the international financial architecture in the early...

We examine the impact of overdue debts in small villages in one of Hungary's most disadvantaged regions. We find that a significant number of debtors with overdue debts permanently escape from debt collectors. Accordingly, in our sample, overdue debts reduce the likelihood of declared work by 14...