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Reprinted from: Tayyab Mahmud, Debt and Discipline: Neoliberal Political Economy and the Working Classes, 101 Kentucky Law Journal 1 (2012-2013) (335 Footnotes)
*2 Get them to invest their savings in their homes and own them. Then they won't leave and they won't strike. It ties them down so they have a stake in our prosperity.
-Charles Harris Whitaker
If history shows anything, it is that there's no better way to justify relations founded on violence, to make such relations seem moral, than by reframing them in the language of debt - above all, because it immediately makes it seem that it's the victim who's doing something wrong.
He who is subjected to a field of visibility, and who knows it, assumes responsibility for the constraints of power; he makes them play spontaneously upon himself; he inscribes in himself the power relation in which he simultaneously plays both roles; he becomes the principle of his own subjection.