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Brand: David Graeber
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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 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.
The classic work on debt, now is a special tenth anniversary edition Before there was money, there was debt. Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems--to relieve ancient people from having to haul their goods to market. The pr
[David Graeber's work] undercuts a lot of conventional thinking... Pointing out the many options that there are for developing more enlightened, more free societies, not just the ones encoded in our artificial traditions...I think that's a tremendous contribution. --Noam Chomsky David's superpower w
The final posthumous work by the coauthor of the major New York Times bestseller The Dawn of Everything . Pirates have long lived in the realm of romance and fantasy, symbolizing risk, lawlessness, and radical visions of freedom. But at the root of this mythology is a rich history of pirate societie
Capitalism as we know it appears to be coming apart. But as financial institutions stagger and crumble, there is no obvious alternative. There is good reason to believe that, in a generation or so, capitalism will no longer exist for the simple reason that it's impossible to maintain an engine of pe
