
Inhis2011essay“TheMakingoftheIndebtedMan”,philosopherMaurizioLazzaratowrites:“Debtisnotanimpedimenttogrowth.Indeed,itrepresentstheeconomicandsubjectiveengineofthemodern-dayeconomy.Debtcreation,thatis,thecreationanddevelopmentofthepowerrelationbetweencreditorsanddebtors,hasbeenconceivedandprogrammedasthestrategicheartofneoliberalpolitics.”CarmenLosmann’sOeconomiasetsoffonajourneyintothisstrategicheart.Thefactthatmanyrepresentativesofthebankingandfinancesectorwouldprefernottospeakoncamera–andthosewhodoareoftenatalossforwords–makesthisanundeniablyambitiousundertaking.Nomatterhowtransparentlythearchitecturesofbanksandfinancialinstitutionspresentthemselves,thedirectorrepeatedlyfindsherselfinfrontofcloseddoorswhileconductingherresearch.Butshemakesavirtueofnecessitybyusingphonecalltranscriptsandcomputer-generatedimagestobringabstract,difficult-to-graspsubjectmattertolife.
