Foucault News

News and resources on French thinker Michel Foucault (1926-1984)

Aaron Schuster, The Debt Drive: Philosophical Anthropology and Political Economy

“Fantasies of Capital: Alienation, Enjoyment, Psychoanalysis”
— A Jnanapravaha Mumbai Conference.

Abstract: The philosophical conception of the human being as a being whose existence precedes its essence, defined by its radical openness and fundamentally historical character was, for the twentieth century, part and parcel of an emancipatory project aimed against all kinds of naturalisms and identitarian politics. Neoliberalism can be defined, from the perspective of philosophical anthropology, as a perverse exploitation of the “indetermination” of the human being, whose plasticity, capacity for reinvention, and underlying precarity are now marshalled in the service of the market. Paradoxically, the very openness meant to combat reification has itself become a vector for reification. Not only does neoliberalism exploit this openness or ontological precarity, it also mobilizes a powerful apparatus for interpreting the subject’s “lack of being” and giving it a specific form: namely, debt.

In this talk, I will explore the workings of this contemporary form of ideological interpellation, and also show how it fails or breaks down, thus producing a new field of political contestation.

2 thoughts on “The Debt Drive: Philosophical Anthropology and Political Economy (2019)

  1. butterflyonapin says:

    Brilliant talk! Thank you for posting!!


  2. Debt is the technology that captures the future of the debtor.


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