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margaret

point arena, CA, United States

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  • 10 titles in library
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  • Debt: The First 5,000 Years

    • UNABRIDGED (17 hrs and 21 mins)
    • By David Graeber
    • Narrated By Grover Gardner
    • Whispersync for Voice-ready
    Overall
    (292)
    Performance
    (250)
    Story
    (251)

    Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems - to relieve ancient people from having to haul their goods to market. The problem with this version of history? There’s not a shred of evidence to support it. Here anthropologist David Graeber presents a stunning reversal of conventional wisdom. He shows that 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.

    E. J. Ford says: "Stands Economics on Its Head"
    "A MUST-read"
    Overall
    Performance
    Story
    Any additional comments?

    Everyone needs to read this very important discussion of the economic state of the world in 2012.

    2 of 6 people found this review helpful

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