Book by Graeber David
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Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter system--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 beginning of the agrarian empires, humans have used elaborate credit systems--a system that far preceeded cash or organized barter. It is in this era, Graeber shows, that we also first encounter a society divided into debtors and creditors.
With the passage of time, however, virtual credit money was replaced by gold and silver coins--and the system as a whole began to decline. Interest rates spiked and the indebted became slaves. And the system perpetuated itself with tremendously violent consequences, with only the rare intervention of kings and churches keeping the system from spiraling out of control. 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.
David Graeber is an anthropologist and activist who teaches at the University of London. Active in numerous direct-action political organizations, he is the author of Fragments of an Anarchist Anthropology; Towards an Anthropological Theory of Value; Direct Action: An Ethnography; and Possibilities: Essays on Hierarchy, Rebellion, and Desire.
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Book Description Melville House, 2011. Hardcover. Book Condition: New. Never used!. Bookseller Inventory # P111933633867
Book Description Melville House, 2011. Hardcover. Book Condition: New. Brand New!. Bookseller Inventory # VIB1933633867
Book Description Melville House. Hardcover. Book Condition: New. 1933633867 New Condition. Bookseller Inventory # NEW7.0823856
Book Description Melville House, 2011. Book Condition: new. Shiny and new! Expect delivery in 20 days. Bookseller Inventory # 9781933633862-1