3min chapter

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Debt: The First 5000 Years (Audiobook) David Graeber

Notus & Friends

CHAPTER

The Importance of Debt

The habit of always saying please and thank you, first began to take hold during the commercial revolution of the sixteenth and seventeenth centuries. Over the course of the last 500 years it has spread across the world along with them. It is also merely one token of a much larger philosophy, a set of assumptions of what humans are and what they owe one another that have by now become so deeply ingrained that we cannot see them. Sometimes, at the brink of a new historical era, some prechant soul can see the full implications of what is beginning to happen,. sometimes in a way that later generations can't.

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