Who here read David Graeber's "Debt: The First 5000 Years?"
I'm curious what peoples' thoughts on it. I already have my own thoughts on it, but for something I'm working on I'm interested in hearing ...
In small communities where people know each other, the exchange is based on credit. Money is a product of war and robbery.
As the scale increases, an inversion occurs.
In large communities where people do NOT know each other, the exchange is based on money. Credit is a robbery tool.
As the scale increases, an inversion occurs.
In large communities where people do NOT know each other, the exchange is based on money. Credit is a robbery tool.