He shows that for more than 5000 years, since the beginnings of the first. Graeber responded that these errors had no influence on his argument, remarking that the 'biggest actual mistake DeLong managed to detect in the 544 pages of Debt, despite years of flailing away, was (iirc) that I got the number of Presidential appointees on the Federal Open Market Committee board wrong'. For Graeber, this evaluation of the evidence points to a strong potential solution: there should be more readiness to write off debt, and more public involvement in the debate over debt and its moral implications. Here anthropologist David Graeber presents a reversal of conventional wisdom. Rather, he says, 'the two were born together and have always been intertwined' - with debt being a means of enforcing elite and state power. He shows that arguments about debt and debt forgiveness have been at the. This in turn allows Graeber to argue against the prevailing notion that economy and state are fundamentally separate entities. So says anthropologist David Graeber in a stunning reversal of conventional wisdom. He marshals evidence that supports alternative possibilities, and suggests that the phenomenon of debt emerged not as a result of the introduction of money, but at precisely the same time. Graeber's main aim is to undermine the dominant narrative, which sees debt as the natural - and broadly healthy - outcome of the development of a modern economic system.

In this respect, the book can be considered a fine example of the critical thinking skill of problem-solving. David Graeber AudiobookChapter 1: On The Experience of Moral ConfusionDavid Graebers Dank Audio Stash: https. Debt is one of the great subjects of our day, and understanding the way that it not only fuels economic growth, but can also be used as a means of generating profit and exerting control, is central to grasping the way in which our society really works.ĭavid Graeber's contribution to this debate is to apply his anthropologists' training to the understanding of a phenomenon often considered purely from an economic point of view.

David graeber's debt