Have a look at his book in our e-library here. Based on that, Graeber furthermore explains how currencies and markets where later created by goverments as a way to finance and solidify their power.Īs an anthropologist David Graeber disagrees with some of the basic arguments and assumptions of mainstream economics. Debt: The First 5,000 Years (Melville House Publishing, 2014) is a non-fiction book by anthropologist David Graeber. Those studies state among other things that debt was mainly a way off arranging or intensifying social relations among societies. To support this, he cites numerous historical, ethnographic and archaeological studies. In contradiction to standard economic texts, where money and debt supposedly developed out of barter, Graeber claims that debt and credit historically appeared before money and barter. How a 12-year-old playbook is shaping the battle over the debt limit If the comparison between 2011 and today isn’t exact, the parallels are striking and the lessons learned from. This lecture of the anthropologist David Graeber gives a brief introduction to the thoughts of his 2011 published book Debt: The First 5000 Years.
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