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Debt: The First 5000 Years (Audiobook) David Graeber

Notus & Friends

CHAPTER

The Importance of Morality

A debt is the obligation to pay a certain sum of money. If one owes forty thousand dollars at 12 % interest, it doesn't really matter who the creditor is. Money's capacity to turn morality into a matter of impersonal arithmetic justifies things that would otherwise seem outrageous or obscene. The factor of violence, which i have been emphasizing up until now, may appear secondary.

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