Posts Tagged ‘Debt’

DEBT: The First 5,000 Years

Tuesday, April 23rd, 2013   Submitted by Davi Barker

David Graeber is an anarchist author who teaches anthropology at Goldsmiths College, University of London. His book, “DEBT: The First 5,000 Years” takes an anthropological approach to the history of debt, not just who owed what to who, but how debt was used and what it meant in various cultures. David gave this talk as part of the Authors@Google program. It’s a long view, but utterly fascinating. I was especially astounded to hear him claim that there is no historical basis for barter economies, and in fact recording debt was the common means of transacting without currency. This video is chalked full of startling information, that was at least new to me. Enjoy!

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