I was looking up Margaret Atwood videos on youtube and one thing lead to another, you know how it goes, when I ran across this one where Atwood shows the connection of debt to some of the English canon’s great pieces of literature. Now that I understand how debt figures into the examples she cites here, I start to see it everywhere. It’s all over Thomas Hardy novels, for example. She talks about Jane Austen, Charles Dickens, F. Scott Fitzgerald and Madam Bovary. Very interesting from just a literary point of view.
But in the middle of this interview she gets into the nitty gritty of how money works that is explained so simply that only the truly illiterate could fail to understand it. I’m not sure that even this is enough to penetrate through the impregnable wall of deficit reduction hysteria that conservatives have built up but it’s worth a shot. Here is Margaret Atwood explaining the role of debt in literature, what the word ‘currency’ actually means and its importance to the economy and society.