

#2415
Mentioned in 31 episodes
Debt
The First 5,000 Years
Book • 2011
In this book, David Graeber argues that debt has a much longer history than money and that it has played a central role in shaping human societies.
He debunks the myth of barter as the precursor to money, instead proposing that credit systems and debt were the primary means of trade.
Graeber examines how debt has been used as a tool for social control, influenced law, religion, and politics, and has led to periodic crises and debtor revolts throughout history.
The book also discusses the moral and social implications of debt, suggesting that the concept of debt is more complex than a simple economic transaction.
He debunks the myth of barter as the precursor to money, instead proposing that credit systems and debt were the primary means of trade.
Graeber examines how debt has been used as a tool for social control, influenced law, religion, and politics, and has led to periodic crises and debtor revolts throughout history.
The book also discusses the moral and social implications of debt, suggesting that the concept of debt is more complex than a simple economic transaction.
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Mentioned in 31 episodes
Mentioned by Rudyard Lynch while explaining a theory about the correlation between abstract money systems and religiosity in societies.

146 snips
#11 - Applied History with WhatIfAltHist
Recommended by Jim Rutt as a great entry point into heterodox thinking about economic systems and their flaws.

114 snips
EP 296 Ashley Hodgson on Economic Mythology and System Change
Mentioned by David Hoffman as a shared reading experience with Ethan Buchman , referencing its insights on debt and money.

13 snips
116 - Why Bankless Is Wrong | Ethan Buchman - Cosmos
Mentioned by Christian Reilly in the context of discussing the myth of barter and the origins of money.

#195 Capitalists Hate Capitalism with Cory Doctorow