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Debt: The First 5,000 Years

Posted By : robin-bobin | Date : 07 May 2012 06:56:46 | Comments : 2 |
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Debt: The First 5,000 Years by David Graeber
Publisher: Gildan Media, LLC January 26, 2012 | ISBN n/a | ASIN: B0073G3N80 | Language: English | Audio CD in MP3/128Kbps | 252 MB

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 problem with this version of history? There's not a shred of evidence to support it.

Here anthropologist David Graeber presents a stunning reversal of conventional wisdom. He shows that 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.

Debt: The First 5,000 Years is a fascinating chronicle of this little known history - as well as how it has defined human history, and what it means for the credit crisis of the present day and the future of our economy.





Thanks to original uploader!






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Posted By: Jan Potozky Date: 10 May 2012 15:33:17
thank you!
Posted By: fluorospace Date: 10 May 2012 18:52:41
It just goes to show, you can't ask nobody for nothing ; you might ruin civilization and turn most of humanity into slaves.