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Debt : the first 5,000 years Book
Book | 10th anniversary edition. | Melville House, Brooklyn, N.Y. : 2021.

  • 0 of 1 Copy Available at Libraries in Niagara Cooperative
  • 0 current holds with 1 total copy.
Place Hold
Branch Call Number Location Holdable? Status
Welland Main 332 Gra Adult Non-fiction Copy hold / Volume hold Checked out

The classic work on debt, now is a special tenth anniversary edition with a new introduction by Thomas Piketty. Before there was money, there was debt. Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems--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 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, Graeber argues, that we also first encounter a society divided into debtors and creditors. Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to 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 without knowing it. Debt: The First 5,000 Years is a fascinating chronicle of this little known history--as well as how it has defined human history. It shows how debt has defined our human past, and what that means for our economic future.

  • ISBN: 9781612199337
  • Physical Description: xii, 542 pages : illustrations ; 24 cm
  • Edition: 10th anniversary edition.
  • Publisher: Brooklyn, N.Y. : Melville House, 2021.
  • Copyright: ©2012.
  • Bibliography, etc. Note:
    Includes bibliographical references and index.

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