Debt

The first 5,000 years

Idioma English

Publicado el 21 de Octubre de 2014 por Melville House.

ISBN:
978-1-61219-420-2
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Goodreads:
23636634

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4 estrellas (1 reseña)

The author shows that before there was money, there was debt. For 5,000 years humans have lived in societies divided into debtors and creditors. For 5,000 years debt and debt forgiveness have been at the center of political debates, laws and religions. The words “guilt,” “sin,” and “redemption” come from ancient debates about debt. These terms and the ideas of debt shape our most basic ideas of right and wrong. source

19 ediciones

An Essential Book with Some Holes

4 estrellas

This is an extremely well argued, thought-provoking book, philosophically deconstructing the notion of debt to its core and then following its historical trajectory to the present day. As a corollary, Graeber shows how true “barter economies” have basically never existed, but the notion of money and debt has significantly evolved from its original development. The book goes a bit off the rails and is wildly inaccurate at the end once it gets into post-industrial economies, and the fact that Graeber doesn’t show his work and makes huge assumptions leaves lots to poke holes in. However, overall this is still an impressive and important book. Highly recommend