The Debt-Pioneering Crisis in the Global Capitalist System

In the same way that individuals are controlled by their debts, so states are weighed down with the anti-value wielded by their bondholders. If debt exists, the economic system will collapse under the dead weight of anti-value. What happened to Greece after 2011 was a small, scary example. When debt becomes so huge that there is no prospect for future value production to redeem it, then debt-pionage will lose. The danger which marks hint of the pinted Athens writings of banking, finance and fictitious capital formation is that in the absence of any firm material basis to what money is about. In a context that political force is dominated by a global oligarchy, armed with self-serving