Abstract
| Language | English |
|---|---|
| Pages | 84-104 |
| Number of pages | 22 |
| Journal | Innovation: the European Journal of Social Science Research |
| Volume | 31 |
| Issue number | 1 |
| Early online date | 2017 |
| DOIs | |
| Publication status | Published - 2018 |
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Accounting for indebtedness: geopolitics, technocracy and advanced financial capital. / CARTER, David; Warren, Rebecca .
In: Innovation: the European Journal of Social Science Research, Vol. 31, No. 1, 2018, p. 84-104.Research output: Contribution to journal › Article
TY - JOUR
T1 - Accounting for indebtedness: geopolitics, technocracy and advanced financial capital
AU - CARTER, David
AU - Warren, Rebecca
PY - 2018
Y1 - 2018
N2 - This paper explores the role of accounting within the context of Lazzarato’s theorization of indebtedness. Accounting is often depicted as neutral, objective and technocratic, and despite Lazzarato referencing accounting within his exploration of indebtedness, we believe the role of accounting is underexplored in his analyses. Our intervention suggests that accounting is the primary language of financialisation, securitization, financial capital and indebtedness. This paper also extends Lazzarato’s thesis by arguing that, with new accounting technologies, indebtedness is being spread to emerging economies. This extension is mobilized through the work of the International Accounting Standards Board, as a private accounting standard setter, in partnership with the World Bank and the International Monetary Fund as accounting is language of advanced financial accounting and indebtedness.
AB - This paper explores the role of accounting within the context of Lazzarato’s theorization of indebtedness. Accounting is often depicted as neutral, objective and technocratic, and despite Lazzarato referencing accounting within his exploration of indebtedness, we believe the role of accounting is underexplored in his analyses. Our intervention suggests that accounting is the primary language of financialisation, securitization, financial capital and indebtedness. This paper also extends Lazzarato’s thesis by arguing that, with new accounting technologies, indebtedness is being spread to emerging economies. This extension is mobilized through the work of the International Accounting Standards Board, as a private accounting standard setter, in partnership with the World Bank and the International Monetary Fund as accounting is language of advanced financial accounting and indebtedness.
KW - accounting
KW - indebtedness
KW - debt
KW - technocracy
KW - geopolitics
KW - Lazzarato
U2 - 10.1080/13511610.2017.1415804
DO - 10.1080/13511610.2017.1415804
M3 - Article
VL - 31
SP - 84
EP - 104
JO - Innovation
T2 - Innovation
JF - Innovation
SN - 1351-1610
IS - 1
ER -