Abstract
Personal debt is not a theme that you would find among most psychology research in Puerto Rico. It is typically problematised as a personal deficit which psychologists may contribute to help overcome. Yet it can also be conceptualised as part of the modernisation of capitalism. This approach suggests that modern capitalism, with its particular model of democracy, is dependent on a political economy of personal debt. What’s more, such debt is part of the price of inequality (Stiglitz, 2013) that is the product of this political economy.
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© 2015 Dolores S. Miranda Gierbolini and Ida de Jesús Collazo
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Gierbolini, D.S.M., de Jesús Collazo, I. (2015). Thinking about the Personal Debt Industry: Voices from Puerto Rico. In: Değirmencioğlu, S.M., Walker, C. (eds) Social and Psychological Dimensions of Personal Debt and the Debt Industry. Palgrave Macmillan, London. https://doi.org/10.1057/9781137407795_13
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DOI: https://doi.org/10.1057/9781137407795_13
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-57256-4
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