Debt - The First 5,000 Years
David Graeber
Summary
David Graeber's Debt - The First 5,000 Years offers a sweeping historical and anthropological exploration of the concept of debt, challenging conventional economic narratives and uncovering the social and moral dimensions embedded in systems of credit and obligation. The work traverses millennia, tracing how debt has influenced human societies, power structures, and moral codes, ultimately questioning the foundational myths of modern capitalism.
- Debt predates money: Before the invention of coined money, systems of credit and debt shaped interpersonal and intergroup relations, challenging the notion that money is primary in economic exchange.
- Moral implications...
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