Debt - Updated and Expanded: The First 5,000 Years

David Graeber

Oct 2015 · Ascent Audio · Narrated by Grover Gardner

About this audiobook

Now in audio, the updated and expanded edition : David Graeber's “fresh . . . fascinating . . . thought-provoking . . . and exceedingly timely” (Financial Times) history of debt Here anthropologist David Graeber presents a stunning reversal of conventional wisdom: he shows that before there was money, there was debt. 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.

Ratings and reviews

A hugely important re-contextualizing of many aspects of human society that are taken for granted. A more humane world is possible.

a game changing book

AÀA BOSS NETWORK

About the author

David Graeber teaches anthropology at the London School of Economics. He is the author of several books, including Debt: The First 5,000 Years, and has written for Harper's, the Nation, the Baffler, the Wall Street Journal, the Washington Post, and the New Left Review.