Debt and Guilt: A Political Philosophy

The issue of debt and how it affects our lives is becoming more and more urgent. The "Austerity" model has been the prevalent European economic policies of recent years led by the "German model". Elettra Stimilli draws upon contemporary philosophy, psychology and theology to argue that austerity is built on the idea that we somehow deserve to be punished and need to experience guilt in order to take full account of our economic sins. Following thinkers such as Max Weber, Walter Benjamin and...