By Elettra Stimilli, Roberto Esposito, Arianna Bove
Trans. through Arianna Bove, foreword via Roberto Esposito
Max Weber s account of the increase of capitalism fascinated by his proposal of a Protestant ethic, valuing diligence in incomes and saving funds yet restraint in spending it. in spite of the fact that, such person restraint is overseas to modern understandings of finance, which deal with ever-increasing intake and debt as ordinary, nearly crucial, for conserving the commercial cycle of shopping for and promoting.
In The Debt of the Living, Elettra Stimilli returns to this concept of restraint as ascesis, by means of reading theological and philosophical understandings of debt drawn from a number of figures, together with Saint Paul, Schmitt and Agamben, Benjamin and Marx, Nietzsche and Freud, and Foucault. critical to this research is the good judgment of revenue for revenue s sake a side of Weber s paintings that Stimilli believes has been given inadequate realization. Following Foucault, she identifies this because the unique mechanism of a capitalist dispositif that feeds now not on a goal-directed rationality, yet at the self-determining personality of human employer. Ascesis is key no longer since it is characterised by way of renunciation, yet as the self-control it imposes converts the adequately human caliber of motion and not using a predetermined target right into a lack, a fault, or a country of guilt: a debt that can't be settled. Stimilli argues that this lack, that is most unlikely to fill, may be noticeable because the foundation of the financial system of hedonism and intake that has ruled worldwide economies in recent times and because the premise of the present financial system of debt."