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list price: $15.95 USD
edition:Paperback
category: Literary Criticism
published: Oct 2008
ISBN:9780887848001
publisher: House of Anansi Press Inc

Payback

Debt and the Shadow Side of Wealth

by Margaret Atwood

tagged: economic history, folklore & mythology
Description

Legendary poet, novelist, and essayist Margaret Atwood gives us a surprising look at the topic of debt -- a timely subject during our current period of economic upheaval, caused by the collapse of a system of interlocking debts. Atwood proposes that debt is like air -- something we take for granted until things go wrong.

Payback is not a book about practical debt management or high finance, although it does touch upon these subjects. Rather, it is an investigation into the idea of debt as an ancient and central motif in religion, literature, and the structure of human societies. By investigating how debt has informed our thinking from preliterate times to the present day through the stories we tell each other, through our concepts of balance, revenge, and sin, and in the way we form our social relationships, Atwood shows that the idea of what we owe one another -- in other words, debt -- is built into the human imagination and is one of its most dynamic metaphors.

About the Author

Margaret Atwood, whose work has been published in more than forty-five countries, is the author of over fifty books, including fiction, poetry, critical essays, and graphic novels. In addition to The Handmaid’s Tale, now an award-winning television series, her works include Cat’s Eye, short-listed for the 1989 Booker Prize; Alias Grace, which won the Giller Prize in Canada and the Premio Mondello in Italy; The Blind Assassin, winner of the 2000 Booker Prize; The MaddAddam Trilogy; The Heart Goes Last; Hag-Seed; The Testaments, which won the Booker Prize and was long-listed for the Giller Prize; and the poetry collection Dearly. She is the recipient of numerous awards, including the Peace Prize of the German Book Trade, the Franz Kafka International Literary Prize, the PEN Center USA Lifetime Achievement Award, and the Los Angeles Times Innovator’s Award. In 2019 she was made a member of the Order of the Companions of Honour in Great Britain for her services to literature. She lives in Toronto.

Awards
  • Short-listed, National Business Book Award
  • Short-listed, OLA Evergreen Award (Forest of Reading)
  • Runner-up, Axiom Business Book Awards - Business Ethics
  • Commended, Globe and Mail Top 100 Best Books of the Year
Editorial Reviews

There has been much written about Atwood's 'prophetic vision' and her ability to be eerily 'prescient'...given Atwood's track record, I'm a believer...Either Atwood was born under a lucky star or she really should be moonlighting from a shady storefront with a sign that says 'Palm Readings: $25.'

— Rebecca Eckler

...replete with anecdotes and opinions, witticisms and barbs...Payback is more about economic principles, and even the market crisis, than it appears at first glance. As impressive as Atwood's intuitions, or her intellect, or even her humour, is her insistence on tracing responsibilities, and possibilities, back to those human, and thus imaginative, constructions.

— Globe and Mail

In Payback, Atwood freely mixes autobiography, literary criticism and anthropology in an examination of debt as a concept deeply rooted in human - and even, in some cases, animal - behaviour...Building an argument that abounds with literary examples...Atwood entertainingly and often wryly advances the familiar thesis that what goes around comes around.

— Toronto Star

"Ms. Atwood is a witty and astute writer of broad sympathy and wide-ranging curiosity, and the prose of the book, at once commonsensical and counterintuitive, bristles with insight and implication."

— New York Times

Payback is a delightfully engaging, smart, funny, clever, and terrifying analysis of the role debt plays in our culture, our consciousness, our economy, our ecology and, if Atwood is right, our future.

— Washington Post

...[Payback is]...a demonstration of Atwood's ability to evoke in memorable detail our vanished cultural past, and to examine both past and present in the form of language. Writing in this mode, she's never off her game.

— National Post

Nothing if not timely...Few writers are able to combine the esoteric with the polemic as [Atwood] does...darkly entertaining.

— Winnipeg Free Press

A celebrated novelist, poet, and critic, Atwood has combined rigorous analysis, wide-ranging erudition, and a beguilingly playful imagination to produce the most probing and thought-stirring commentary on the financial crisis to date.

— New York Review of Books

Elegant and erudite...As one would expect from a novelist of Ms. Atwood's calibre, the phrasing is polished and the metaphors striking.

— Economist

...witty, acutely argued and almost freakishly prescient...as amusing as it is unsettling.

— Chicago Tribune

The lectures remind us of why Atwood has been so important to our literature.

— Financial Post

...a fascinating, freewheeling examination of ideas of debt, balance and revenge in history, society and literature - Atwood has again struck upon our most current anxieties.

— London Times Online

...an extraordinarily vibrant Massey Lecture on debt, how it plays a motor force in much literature, in our own lives and in the machinations of the crowd we elect to govern us.

— Maclean's

...these pieces offer a panoramic look at how the concept of debt acts as a fundamental human bond and - when obligations go unfulfilled, when ledgers are left unbalanced - how it can threaten to tear societies apart.

— Georgia Straight

...[Payback is] elegant and erudite...As one would expect from a novelist of Ms Atwood's calibre, the phrasing is polished and the metaphors striking.

— Economist.com

Atwood's book is a weird but wonderful melange of personal reminiscences, literary walkabout, moral preachment, timely political argument, economic history and theological query, all bound together with wry wit and careful though casual-seeming research.†††††††

— Publishers Weekly

Payback is a stimulating, learned and stylish read from an eminent author writing from a heartfelt perspective.

— Literary Review of Canada

Out of print

This edition is not currently available in bookstores. Check your local library or search for used copies at Abebooks.

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