Micro Credit Myth Manufactured

Micro credit, the much propagated market mechanism appropriates surplus value created by the debtors of micro credit and in the broader society. The mind-boggling rate of recovery reflects the restless hands of handicraftsperson toiling, in household-based production units and allures idle capital. In the cycle of stagnation and financial explosion monopolyfinance capital finds a safer investment-heaven, a market nascent but carries a promise for expansion in areas that appeared unorganized, backward and not possible for industrial capital to subjugate. But micro credit capital has achieved it. The debtor, at the core of the system, the central figure in the play, but least discussed, goes through a process of metamorphosis while puts labour to expand the market. This anthology on micro credit in the perspective of Bangladesh, the much worshipped place of micro creditors, unmasks the myths manufactured by the capital-driven mainstream media. Articles tear up the facade and reveal the cruel face of micro credit and its icon while focus on the appropriation of surplus value.