Lacan and Debt: The Discourse of the Capitalist in Times of Austerity

Andrea Mura
Publication date: 
February 2015
Publication type: 
Journal article

In this article a reference to Jacques Lacan’s ‘capitalist discourse’ will help highlight the bio-political workings of neo-liberalism in times of austerity, detecting the transition from so-called ‘debt economy’ to an ‘economy of anxiety.’ An ‘il-liberal’ turn at the core of neoliberal discourses will be examined in particular, which pivots on an ‘astute’ intersecting between outbursts of renunciation; irreducible circularity of guilt and satisfaction; persistent attachment to forms of dissipative enjoyment; and a pervasive blackmail under the register of all-encompassing regulations and evaluations — all of which elevates the production of success up to the point of a production and consumption of failure.

Andrea Mura (2015), ‘Lacan and Debt: The Discourse of the Capitalist in Times of Austerity’,  Philosophy Today, Volume 59, Issue 2 (Spring 2015), pp. 155-174;    DOI: 10.5840/philtoday201521958


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