Sunday, March 25, 2018

Week 10 - Credit / Debt and Microfinance

In this week's readings, Ananya Roy notes how "economies of need are transformed into economies of profit and how collective resources are recalibrated as channels of privatization" (p. 107). Use examples from the readings (both Roy and Elyachar) to describe how these processes are taking place. Discuss in particular how microfinance is one growing area of global capital that exemplifies this predicament.