Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproduction

Autores
Féliz, Mariano
Año de publicación
2023
Idioma
inglés
Tipo de recurso
parte de libro
Estado
versión publicada
Descripción
The cycle of external indebtedness of dependent countries has become a huge constraint on any strategy for radical social change. Argentina has recently entered a new process of debt overhang and renegotiation with the International Monetary Fund and private global creditors. The dominant debate around the country's foreign debt revolves around the conditions that can guarantee the sustainability of repayment. The underlying objective is to remain in the debt system that produces and reproduces dependency. This chapter will seek to analyze the question of debt sustainability from another point of view: Is it possible to guarantee the (financial) sustainability of the debt at the same time as guaranteeing the sustainability of life? Our argument is that by remaining in the global debt system, Argentina creates conditions that violate the requirements for the sustainability of human and nonhuman life. Drawing on a discussion from Marxist dependency theory and the traditions of Marxist feminism and environmentalism, we will discuss how the debt sustainability argument presupposes the impossibility of reproducing life. In particular, we will show how the conditions required to guarantee debt sustainability in Argentina entail the deepening of the superexploitation of the "productive" and "reproductive" labor force, and the exacerbation of extractivism, putting social reproduction in crisis.
Fil: Féliz, Mariano. Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación. Instituto de Investigaciones en Humanidades y Ciencias Sociales (UNLP-CONICET); Argentina.
Fuente
N.S. Sylla, Ed. (2023). Imperialism and the political economy of global south's debt. Bingley : Emerald, p. 23-53.
Materia
Economía
Economía nacional
Capital
Trabajo
Argentina
Debt
Extractivism
Sustainability
Life
Dependency
Social reproduction
Labor
Argentina
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/4.0/
Repositorio
Memoria Académica (UNLP-FAHCE)
Institución
Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación
OAI Identificador
oai:memoria.fahce.unlp.edu.ar:snrd:Jpm5934
Acceder
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network_acronym_str MemAca
repository_id_str 1341
network_name_str Memoria Académica (UNLP-FAHCE)
spelling Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproductionFéliz, MarianoEconomíaEconomía nacionalCapitalTrabajoArgentinaDebtExtractivismSustainabilityLifeDependencySocial reproductionLaborArgentinaThe cycle of external indebtedness of dependent countries has become a huge constraint on any strategy for radical social change. Argentina has recently entered a new process of debt overhang and renegotiation with the International Monetary Fund and private global creditors. The dominant debate around the country's foreign debt revolves around the conditions that can guarantee the sustainability of repayment. The underlying objective is to remain in the debt system that produces and reproduces dependency. This chapter will seek to analyze the question of debt sustainability from another point of view: Is it possible to guarantee the (financial) sustainability of the debt at the same time as guaranteeing the sustainability of life? Our argument is that by remaining in the global debt system, Argentina creates conditions that violate the requirements for the sustainability of human and nonhuman life. Drawing on a discussion from Marxist dependency theory and the traditions of Marxist feminism and environmentalism, we will discuss how the debt sustainability argument presupposes the impossibility of reproducing life. In particular, we will show how the conditions required to guarantee debt sustainability in Argentina entail the deepening of the superexploitation of the "productive" and "reproductive" labor force, and the exacerbation of extractivism, putting social reproduction in crisis.Fil: Féliz, Mariano. Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación. Instituto de Investigaciones en Humanidades y Ciencias Sociales (UNLP-CONICET); Argentina.2023info:eu-repo/semantics/bookPartinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_3248info:ar-repo/semantics/parteDeLibroapplication/pdfhttps://www.memoria.fahce.unlp.edu.ar/libros/pm.5934/pm.5934.pdfN.S. Sylla, Ed. (2023). Imperialism and the political economy of global south's debt. Bingley : Emerald, p. 23-53.reponame:Memoria Académica (UNLP-FAHCE)instname:Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educacióninstacron:UNLPenginfo:eu-repo/semantics/altIdentifier/hdl/11336/228103info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/4.0/2025-09-03T12:05:11Zoai:memoria.fahce.unlp.edu.ar:snrd:Jpm5934Institucionalhttps://www.memoria.fahce.unlp.edu.ar/Universidad públicahttps://www.fahce.unlp.edu.ar/https://www.memoria.fahce.unlp.edu.ar/oaiserver.cgimemoria@fahce.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13412025-09-03 12:05:12.498Memoria Académica (UNLP-FAHCE) - Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educaciónfalse
dc.title.none.fl_str_mv Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproduction
title Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproduction
spellingShingle Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproduction
Féliz, Mariano
Economía
Economía nacional
Capital
Trabajo
Argentina
Debt
Extractivism
Sustainability
Life
Dependency
Social reproduction
Labor
Argentina
title_short Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproduction
title_full Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproduction
title_fullStr Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproduction
title_full_unstemmed Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproduction
title_sort Can debt be sustainable, if life isn't? Argentina's debt crisis and social reproduction
dc.creator.none.fl_str_mv Féliz, Mariano
author Féliz, Mariano
author_facet Féliz, Mariano
author_role author
dc.subject.none.fl_str_mv Economía
Economía nacional
Capital
Trabajo
Argentina
Debt
Extractivism
Sustainability
Life
Dependency
Social reproduction
Labor
Argentina
topic Economía
Economía nacional
Capital
Trabajo
Argentina
Debt
Extractivism
Sustainability
Life
Dependency
Social reproduction
Labor
Argentina
dc.description.none.fl_txt_mv The cycle of external indebtedness of dependent countries has become a huge constraint on any strategy for radical social change. Argentina has recently entered a new process of debt overhang and renegotiation with the International Monetary Fund and private global creditors. The dominant debate around the country's foreign debt revolves around the conditions that can guarantee the sustainability of repayment. The underlying objective is to remain in the debt system that produces and reproduces dependency. This chapter will seek to analyze the question of debt sustainability from another point of view: Is it possible to guarantee the (financial) sustainability of the debt at the same time as guaranteeing the sustainability of life? Our argument is that by remaining in the global debt system, Argentina creates conditions that violate the requirements for the sustainability of human and nonhuman life. Drawing on a discussion from Marxist dependency theory and the traditions of Marxist feminism and environmentalism, we will discuss how the debt sustainability argument presupposes the impossibility of reproducing life. In particular, we will show how the conditions required to guarantee debt sustainability in Argentina entail the deepening of the superexploitation of the "productive" and "reproductive" labor force, and the exacerbation of extractivism, putting social reproduction in crisis.
Fil: Féliz, Mariano. Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación. Instituto de Investigaciones en Humanidades y Ciencias Sociales (UNLP-CONICET); Argentina.
description The cycle of external indebtedness of dependent countries has become a huge constraint on any strategy for radical social change. Argentina has recently entered a new process of debt overhang and renegotiation with the International Monetary Fund and private global creditors. The dominant debate around the country's foreign debt revolves around the conditions that can guarantee the sustainability of repayment. The underlying objective is to remain in the debt system that produces and reproduces dependency. This chapter will seek to analyze the question of debt sustainability from another point of view: Is it possible to guarantee the (financial) sustainability of the debt at the same time as guaranteeing the sustainability of life? Our argument is that by remaining in the global debt system, Argentina creates conditions that violate the requirements for the sustainability of human and nonhuman life. Drawing on a discussion from Marxist dependency theory and the traditions of Marxist feminism and environmentalism, we will discuss how the debt sustainability argument presupposes the impossibility of reproducing life. In particular, we will show how the conditions required to guarantee debt sustainability in Argentina entail the deepening of the superexploitation of the "productive" and "reproductive" labor force, and the exacerbation of extractivism, putting social reproduction in crisis.
publishDate 2023
dc.date.none.fl_str_mv 2023
dc.type.none.fl_str_mv info:eu-repo/semantics/bookPart
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_3248
info:ar-repo/semantics/parteDeLibro
format bookPart
status_str publishedVersion
dc.identifier.none.fl_str_mv https://www.memoria.fahce.unlp.edu.ar/libros/pm.5934/pm.5934.pdf
url https://www.memoria.fahce.unlp.edu.ar/libros/pm.5934/pm.5934.pdf
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/hdl/11336/228103
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/4.0/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/4.0/
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv N.S. Sylla, Ed. (2023). Imperialism and the political economy of global south's debt. Bingley : Emerald, p. 23-53.
reponame:Memoria Académica (UNLP-FAHCE)
instname:Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación
instacron:UNLP
reponame_str Memoria Académica (UNLP-FAHCE)
collection Memoria Académica (UNLP-FAHCE)
instname_str Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación
instacron_str UNLP
institution UNLP
repository.name.fl_str_mv Memoria Académica (UNLP-FAHCE) - Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación
repository.mail.fl_str_mv memoria@fahce.unlp.edu.ar
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score 13.13397

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