Debt: the first 5,000 years

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Description
Economic history states that money replaced a bartering system, yet there isn't any evidence to support this axiom. Anthropologist Graeber presents a stunning reversal of this conventional wisdom. For more than 5,000 years, humans have used elaborate credit systems to buy and sell goods. Since the beginning of the agrarian empires, humans have been divided into debtors and creditors. Through time, virtual credit money was replaced by gold and the system as a whole went into decline. This fascinating history is told for the first time.
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ISBN:
9781933633862
9781612194202
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Grouping Information

Grouped Work ID a43f4750-bb22-60f2-bbd2-6833a4e2df09
Grouping Title debt the first 5 000 years
Grouping Author graeber david
Grouping Category book
Last Grouping Update 2018-07-17 22:54:22PM
Last Indexed 2018-07-17 07:02:17AM

Solr Details

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author David Graeber
author_display Graeber, David
collection_catalog Non-Fiction
detailed_location_catalog Hermitage - Adult Non-Fiction
display_description Now in paperback, 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.
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id a43f4750-bb22-60f2-bbd2-6833a4e2df09
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literary_form_full Non Fiction
local_callnumber_catalog 332 G734d
owning_library_catalog Nashville Public Library
owning_location_catalog Hermitage, Hermitage Kids
primary_isbn 9781933633862
publishDate 2011, 2014
record_details ils:CARL0000379617|Book|Books||English|Melville House,|c2011.|534 p. : ill. ; 24 cm., overdrive:d102dd69-d0b9-4461-a9ec-f2dd110f7583|eBook|eBook||English|Melville House|2014|
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subject_facet Debt -- History, Financial crises -- History, Money -- History
title_display Debt : the first 5,000 years
title_full Debt : the first 5,000 years / David Graeber, Debt The First 5,000 Years
title_short Debt :
title_sub the first 5,000 years
topic_facet Business, Debt, Financial crises, History, Money, Nonfiction