Michel Feher, a Belgian philosopher, is the author of Powerless by Design: The Age of the International Community and the editor of Nongovernmental Politics and Europe at a Crossroads, among other titles. Founder of Cette France-là, a monitoring group on French immigration policy, Feher is also a founding editor of Zone Books.
Belgian philosopher Feher (Rated Agency ) argues that, though industrial capitalism once pitched employers' interests against those of workers, in the present 'financialized' form of capitalism the conflict is between investors (those who decide when to extend credit) and 'investees,' and activism must adjust accordingly....The phenomena that Feher describes and the counterstrategy he outlines are likely to spark intra-left debate. -Publishers Weekly Feher clearly and systematically lays out how following the money may not be the grand capitulation that the Left considers it to be...his subtle but important conceptual shift of emphasis from value to credit may be Rated Agency's most enduring contribution to political economy going forward. -Hyperallergic Offers a story of how we got here and how activists can, if not throw off the yoke of debt, at least begin to alter the deal a bit more in their favor. -The Baffler