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Debt: The First Five Thousand Years

Submitted by whiskersoulstain on Thu, 02/26/2009 - 12:12
in

This excellent article shows a brief history of world monetary interactions while understanding the big picture. This history of markets, gold standard and credit are put in a larger context than usual. Anyone attempting to expand their knowledge might benefit from this.

http://www.metamute.org/en/content/debt_the_first_five_thous...

ByDavid Graeber

Anthropologist David Graeber argues that it is only with a general historical understanding of debt and its relationship to violence that we can begin to appreciate our emerging epoch. Here he begins to fill in our historical knowledge gap

What follows are a series of brief reflections (part of a much broader work in progress) on debt, credit, and virtual money: topics that are, obviously, of rather pressing concern for many at the current time.

continue here: http://www.metamute.org/en/content/debt_the_first_five_thous...

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Commie BS

Submitted by Son of Jeffer on Thu, 02/26/2009 - 12:24.

Real truth www.realjewnews.com www.pgorg.com/index.html Cows think they are free, this is no bull, the beast must be Fed, with pitchfork instead

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Cows think they are free, this is no bull, the beast must be Fed, with pitchfork instead

Please respect

Submitted by Colognepaulist on Thu, 02/26/2009 - 15:58.

the guidelines.

Any of the following are grounds to have your post/comment deleted without notice:

Engaging in flame wars or personal attacks on other members, racist or sexist remarks .....

Fellowship of the White Rose

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Ron Paul was right

Don't bother wasting your time reading.

Submitted by BigT on Thu, 02/26/2009 - 12:21.

This author is an idiot and a communist.

A quick browse shows that the doesn't even know history, much less understand it.

this "commie vs. market"

Submitted by whiskersoulstain on Thu, 02/26/2009 - 15:48.

this "commie vs. market" antagonism is such a shallow way to look at things.

The picture is bigger. Placing economic history in 20th century terms is absolutely insufficient.

This guy does not promote communism. In fact, he isn't promoting anything but further perspective into the roots of credit and hard money.