: Graeber explains how the phrase "surely one has to pay one's debts" acts as a moral bludgeon, making even the most predatory or violent relationships seem fair and unremarkable. The 5,000-Year Cycle
History, according to Graeber, moves in long cycles between (credit based on trust) and bullion (hard metal based on force):
: Words like "guilt," "sin," and "redemption" were originally used to describe financial obligations and their resolution.
: Virtual credit money dominated.
: Includes a new introduction by Thomas Piketty and is available for approximately $21.00 – $34.99 at Walmart or Strand Book Store . If you're interested, I can: Summarize Graeber's argument for a modern debt jubilee
Graeber challenges the "myth of barter"—the idea taught in most economics textbooks that money was invented to solve the inconveniences of bartering goods.