Abstract

"Debt binds the 99%" is one the many slogans created by Strike Debt, a grassroots movement of debt resisters that began in 2012 in New York City. In this article, I analyze Strike Debt's attempt to organize debtors and build conditions for a debt strike. I use the specific example of Strike Debt to reflect of the possibilities and challenges of resistance in the age of neoliberalism. I argue that debt activists were successful in shifting the public conversation from debt as a personal failure to debt as a structural condition, thus laying the groundwork for the emergence of a collective indebted subject. I also underline the importance of utopian demands in the debt movement, and in any attempt to resist neoliberalism.

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