The Politics of Debt and Europe’s Relations with the ‘South’

322 Pages·2020·1.29 MB·English

by  Stefan Nygard (editor)

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ANNUAL OF EUROPEAN AND GLOBAL STUDIES h ANNUAL OF EUROPEAN AND GLOBAL STUDIES
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Editors: Ireneusz Paweł Karolewski, Johann P. Arnason and Peter Wagner o
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‘This excellent, wide-ranging and timely book brings the resources
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of philosophy, history and social and political theory to bear on the a The Politics
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and imagined, in Europe and elsewhere in the world.’ E
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Debt enables individuals and collectives to function and to expand their space
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of manoeuvre, but it also creates hierarchies and possibilities for domination. i
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By drawing on analyses in political philosophy, political science, sociology, h with the ‘South’

history, social theory and media studies, the essays in this collection discover t
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new and forgotten ways of thinking about debt and North–South relations. e

They combine a discussion of the European and global North–South divide ‘
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with an effort to retrieve alternatives to the dominant divisive uses of debt in o
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staking out claims against someone else and as a means of social control. t Edited by Stefan Nygård
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Stefan Nygård is a Historian and Senior Researcher in the Department of ’
Philosophy, History and Art at the University of Helsinki.
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Cover image: Cover illustration is based on the Brandt Line © Shutterstock
Cover design: www.paulsmithdesign.com
ISBN: 978-1-4744-6140-5
edinburghuniversitypress.com
The Politics of Debt and Europe’s Relations
with the ‘South’
Annual of European and Global Studies
An annual collection of the best research on European and global
themes, the Annual of European and Global Studies publishes issues
with a specific focus, each addressing critical developments and con-
troversies in the field.
Published volumes:
Religion and Politics: European and Global Perspectives
Edited by Johann P. Arnason and Ireneusz Paweł Karolewski
African, American and European Trajectories of Modernity:
Past Oppression, Future Justice?
Edited by Peter Wagner
Social Transformations and Revolutions: Reflections and Analyses
Edited by Johann P. Arnason and Marek Hrubec
The Moral Mappings of the South and North
Edited by Peter Wagner
European Integration: Historical Trajectories, Geopolitical Contexts
Edited by Johann P. Arnason
Migration and Border-Making: Reshaping Policies and Identities
Edited by Robert Sata, Jochen Roose and Ireneusz Pawel Karolewski
The Politics of Debt and Europe’s Relations with the ‘South’
Edited by Stefan Nygård
https://edinburghuniversitypress.com/series-annual-of-european-
and-global-studies.html
Annual of European and Global Studies
The Politics of
Debt and Europe’s
Relations with the
‘South’
Edited by Stefan Nygård
Edinburgh University Press is one of the leading university presses in the UK. We publish
academic books and journals in our selected subject areas across the humanities and
social sciences, combining cutting-edge scholarship with high editorial and production
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© editorial matter and organisation Stefan Nygård, 2020
© the chapters their several authors, 2020
Edinburgh University Press Ltd
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A CIP record for this book is available from the British Library
ISBN 978 1 4744 6140 5 (hardback)
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ISBN 978 1 4744 6143 6 (epub)
The right of Stefan Nygård to be identified as the editor of this work has been asserted
in accordance with the Copyright, Designs and Patents Act 1988, and the Copyright and
Related Rights Regulations 2003 (SI No. 2498).
Contents
List of Schemas vii
Notes on Contributors viii
Acknowledgements xii
1 The Two Faces of Debt 1
Stefan Nygård
PART I: DEBT AND SOCIAL THEORY
2 The Indebted Subject and Social Transformations: The
Possibility of Resistance and Empowerment 21
Nathalie Karagiannis and Peter Wagner
3 Debt, Democracy and the Pharmacology of Money 35
Jean François Bissonnette
PART II: GREECE AND GERMANY AS EUROPE’S SOUTH
AND NORTH
4 Europe’s Debt to Refugees 59
Eugenia Siapera and Maria Rieder
5 Causes, Critique and Blame: A Political Discourse Analysis
of the Crisis and Blame Discourse of German and Greek
Intellectuals 80
Aristotelis Agridopoulos
6 The Tragedy of Recognition: Debt, Guilt and Political Action 118
Carlotta Cossutta
Contents
7 The Soul of Europe: Two Different Ways of Thinking
Germany’s Debt to Greek Culture 140
Simona Forti
PART III: THE LOCAL, THE REGIONAL AND THE GLOBAL
‘SOUTH’
8 The ‘South’ as a Moving Target: Europe’s Debt to the
Former Colonies 163
Peter Wagner
9 Debating the South in Unified Italy 186
Stefan Nygård
10 Economic Theory as Morality: Europe’s and the World’s
North and South 215
Bo Stråth
PART IV: DEBT AND THE POLITICS OF HISTORY
11 Europe’s Debt Denied: Reflections on 1989 and the Loss of
Yugoslav Experience of Direct Democracy 247
Svjetlana Nedimović
12 The Use of the Past under Conditions of Disorientation and
Instability: The Spanish–Catalan Political Conflict 278
Gerard Rosich
Index 307
vi
Schemas
5.1 The crisis and blame discourse of Stelios Ramfos 90
5.2 The crisis and blame discourse of Nikos Dimou 95
5.3 The crisis and blame discourse of Wolfgang Streeck 102
5.4 The crisis and blame discourse of Yanis Varoufakis 108
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Contributors
Aristotelis Agridopoulos is a Research Fellow at the Institute for Social
Research at the Goethe University in Frankfurt. He is also a Research
Fellow and PhD candidate in the Institute of Political Science at the
University of Heidelberg. His research interests are political theory,
theories of radical democracy, political education, critical pedagogy,
European and Greek debt crisis and political discourse analysis. His
recent publications are the (co-)edited volumes Crisis and Discourses
of Crisis: Greece in the European Context (in German) (Springer, 2016);
‘Democracy – Aesthetics – Emancipation: The Transdisciplinary
Thought of Jacques Rancière’ (special issue in German of kultuRRev-
olution: Journal for Applied Discourse Theory, 75, 2018); and ‘Guilt
and Debt’ (special issue in German of WestEnd: Neue Zeitschrift für
Sozialforschung, 16, 2019).
Jean François Bissonnette is Assistant Professor of Sociology at the
Université de Montréal. Trained in political philosophy, he focuses
his research on the issue of increasing private and public debt and the
impact of the financialisation of capitalism on the formation of con-
temporary subjectivity, as well as on the possibilities and limitations of
the emerging paradigm of the ‘common’ in critical political economy.
He co-edited La dette comme rapport social: liberté ou servitude? (Le
Bord de l’eau, 2017), and has published articles in journals such as
Theory & Event, Journal of Cultural Economy, Politique et Sociétés and
Terrains/Théories.
Carlotta Cossutta is a Postdoctoral Researcher in Political Philosophy at
the University of Eastern Piedmont. She obtained her doctorate from the
University of Verona with a thesis entitled ‘Public Bodies: Citizenship,
Motherhood and Power Starting from Mary Wollstonecraft’ in which
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Contributors
she analysed the relationship between motherhood and biopolitics.
Her research interests, in addition to political philosophy, include crit-
ical theory, the history of political thought and studies on gender and
sexuality. In her research, she aims to combine philosophy with other
disciplines such as history, literature and cultural studies.
Simona Forti is Professor of Political Philosophy at the University of
Eastern Piedmont; Part-Time Faculty at the Department of Philosophy,
The New School for Social Research, New York; and Professor in the
PhD Programme Western Philosophy Consortium (Italy). She has
been Visiting Professor in Philosophy and Comparative Literature at
Columbia University (2017) and The New School for Social Research
(2012–16), and Fulbright Distinguished Chair Professor at Northwestern
University (2014). She is widely recognised in Italy and abroad for her
far-reaching studies on Hannah Arendt’s thought and the philosophi-
cal idea of totalitarianism. In recent years she has made important con-
tributions to the debate on biopolitics launched by Michel Foucault, by
focusing on Nazi biopolitics and democratic biopolitics of the bodies.
In her last volume, New Demons: Rethinking Power and Evil Today,
translated into English and published by Stanford University Press in
2015, she deals with contemporary and post-foundational reshaping of
the notion of evil.
Nathalie Karagiannis is a Researcher at the Institute for Social Research
at the Goethe University in Frankfurt, writing in English on social- and
political-theoretical issues such as debt, solidarity and democracy. She
is also a poet, writing in Greek. <https://nathaliekaragiannis.com>.
Svjetlana Nedimović obtained her PhD at the European University
Institute in Florence on the philosophical implications of Hannah
Arendt’s thought, with a specific focus on the dynamics between action
and imagination. She taught political theory in Sarajevo and contrib-
uted to the project on ‘Trajectories of Modernity’ at the University of
Barcelona. She regularly edits a web archive in Bosnian, Riječ i djelo,
on political struggles across the world. Her main area of activity outside
academia remains political work in the Sarajevo-based activist organi-
sation One City, One Struggle.
Stefan Nygård is a Senior Researcher at the University of Helsinki
with special interests in nineteenth- and twentieth-century
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