Gives a better account of how money, debt, and currency have evolved and what state they are currently in right now.
Debunks a lot of BS from current economist school of thought.
Seldom has a book so thoroughly undermined a set of assumptions I had, in this case assumptions about the nature of economic exchange and money that were so ingrained that I never questioned them.
great as an audio book too. have a listen, enjoy the ride. peace out dudes
I make a point of listening to people I might disagree with. Even if I don't agree with their conclusion, they often provide new perspectives on the subject and arguments I haven't considered yet.
From this book however I come away empty handed. Some of the points he tries to make may have merit, but you won't be able to learn this from his book. What bugs me most is his habit of setting up a premise with one meaning of a word and then using a different meaning of the same word in his conclusion. This is either a carelessness I find hard to excuse or even worse a dishonest attempt to trick the reader.
The only explanation for the many positive reviews I have, is that It is very emotional and may speak to people who have already bought into the theory of the author, but I doubt it will be useful to anybody else.
I only really enjoyed the first and last chapters, it gets at what I was hoping the book to be. I can understand other reviewer's frustrations of it being very rant-like and including a hell of a lot of tribal examples. I had to take a star off for the author's very superficial interpretation of scripture.
Loved David's sweeping, well researched account of the human evolution of debt. Will definitely reference this often in future conversations.
I truly do not understand the high ratings for this book. The author equates crony capitalism and predatory lending with true Capitalism. This book is fodder for college professors who have never worked a real job. Much of the books research is conjecture. Only the hard left will submit to the authors view points over Adam smith who author rejects out of hand. I understand people have a problem with too big to fail banks. Most everyone agrees the ties between government and these banks is a HUGE problem. But this is not capitalism. It is a bastardization of capitalism. The author identifies that everyday people are getting the shaft from the unholy alliance between the banks and government. But to throw away capitalism in it's entirety is a faulty idea. This book is fodder for left wing economic professors who have never had a real job. It is hard left drivel.
Love love love what I learned from this book. If you're at all interested in anthropology and have an interest in learning more about our current economic system from a historic, policy and cultural perspective, it's a definite must-read. It gets a bit hard to follow along as he delves into a lot of topics easier read and digested in writing, but even just half-paying attention you'll pick up a ton of fascinating tidbits and crazy, weird and funny stories!
I bought this book based on author Charlie Stross' recommendation. I expected it to be an insightful explanation of trade, currency, and of course, debt. Unfortunately the single agenda of the book is to make you feel angry and conspired against. Graeber's various anecdotes are cherry-picked, and his conclusions nonsensical. His prose is heavy on emotion and light on clarity.
I regret buying this book and the time I spent reading it.