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Debt

Debt

The First 5,000 Years, Updated and Expanded

by David Graeber
Paperback
Publication Date: 02/02/2015

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Before there was money, there was debt

The groundbreaking international best-seller that turns everything you think about money, debt, and society on its head-from the "brilliant, deeply original political thinker" David Graeber (Rebecca Solnit, author of Men Explain Things to Me)

Before there was money, there was debt. 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 that we also first encounter a society divided into debtors and creditors-which lives on in full force to this day.

So says anthropologist David Graeber in a stunning reversal of conventional wisdom. He shows that arguments about debt and debt forgiveness have been at the center of political debates from Renaissance Italy to Imperial 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.
ISBN:
9781612194196
9781612194196
Category:
Economic history
Format:
Paperback
Publication Date:
02-02-2015
Language:
English
Publisher:
Melville House Publishing
Country of origin:
United States
Edition:
2nd Edition
Pages:
560
Dimensions (mm):
212x145x43mm
Weight:
0.52kg
David Graeber

David Graeber is a Professor of Anthropology at the London School of Economics. His many books include The Utopia of Rules, The Democracy Project and the bestselling Debt: The First 5,000 Years. A frequent guest on the BBC, he writes for, among others, the Guardian, Strike!, the Baffler and New Left Review. He lives in London.

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