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Debt, Updated And Expanded: The First 5,000 Years

by David Graeber

2021-05-31 20:52:09

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Now in paperback, the updated and expanded edition : David Graeber’s “fresh . . . fascinating . . . thought-provoking . . . and exceedingly timely” (Financial Times) history of debt   Here an... Read more
Now in paperback, the updated and expanded edition : David Graeber’s “fresh . . . fascinating . . . thought-provoking . . . and exceedingly timely” (Financial Times) history of debt
 
Here anthropologist David Graeber presents a stunning reversal of conventional wisdom: he shows that before there was money, there was debt. For more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors.

Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like “guilt,” “sin,” and “redemption”) derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it. Less

Book Details

File size5.60(w)x8.30(h)x1.60(d)
Print pages566
PublisherMelville House Publishing
Publication date December 9, 2014
Languageeng
ISBN9781612194196
autor-image
David Graeber
Author
David Graeber is a radical anthropologist at Goldsmiths, University of London, who has been involved with the Occupy movement, most actively at Wall Street. He has written for many publications includ...

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