To tackle my project of showing the origins of money manager capitalism, I've decided to described the evolution of four institutions in American economic history; debt, managerialism, the welfare state, and cultural fundamentalism. In this thread and in subsequent ones, I discuss debt.

Debt is often seen in moralistic terms and having become a problem fairly recently. It depicted as the result of bad apples rather than systemic forces, of greedy, impatient individuals spending...

There was a time
when it arched serenely
on the sky.
dazzling my eyes with its enchanted
seven colors
which I never managed to count

And..
I wanted for another sunbathed rainy day,
to assure myself
that its colors
were really seven

Now...
I don't care if its colors are seven
or less

I only want to find
the pot of gold hidden exactly
where it meets the ground.

The...