Trip 49: Debt

Found at : https://novaramedia.com/2025/01/26/trip-49-debt/

[[Debt]].

• People went along with [[neoliberalism]] because they could get cheap flat screen TVs and holidays.

• People could afford luxury goods because of the collapse of manufacturing costs and cheap credit.

• Consumption was not funded by wage rises.

• House ownership massively affects your ability to take on debt.

• [[Debt: The First 5,000 Years]] by [[David Graeber]].

• [[Everyday communism]]. Sociality.

• Very little in everyday life operates like a market.

• Even the internals of corporations don't operate like markets.