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Debt - Updated and Expanded
- The First 5,000 Years
- Narrated by: Grover Gardner
- Length: 17 hrs and 48 mins
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Publisher's summary
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.
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- By lost the power cord could you send me another cord address 13 east wilmont ave somers point nj 08244 on 05-17-16
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Capitalism
- The Unknown Ideal
- By: Ayn Rand
- Narrated by: Anna Fields
- Length: 14 hrs and 13 mins
- Unabridged
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The foundations of capitalism are being battered by a flood of altruism, which is the cause of the modern world's collapse. This was the view of Ayn Rand, a view so radically opposed to prevailing attitudes that it constituted a major philosophic revolution. In this series of essays, she presented her stand on the persecution of big business, the causes of war, the default of conservatism, and the evils of altruism.
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Ashame this is not taught in our
- By Karen on 08-18-07
By: Ayn Rand
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Destiny Disrupted
- A History of the World through Islamic Eyes
- By: Tamim Ansary
- Narrated by: Tamim Ansary
- Length: 17 hrs and 28 mins
- Unabridged
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Until about 1800, the West and the Islamic realm were like two adjacent, parallel universes, each assuming itself to be the center of the world while ignoring the other. As Europeans colonized the globe, the two world histories intersected and the Western narrative drove the other one under. The West hardly noticed, but the Islamic world found the encounter profoundly disrupting.
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A history of the world before the West mattered
- By David on 05-05-14
By: Tamim Ansary
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A History of the World in Seven Cheap Things
- A Guide to Capitalism, Nature, and the Future of the Planet
- By: Raj Patel, Jason W. Moore
- Narrated by: Simon Mattacks
- Length: 6 hrs and 40 mins
- Unabridged
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Nature, money, work, care, food, energy, and lives: these are the seven things that have made our world and will shape its future. Bringing the latest ecological research together with histories of colonialism, indigenous struggles, slave revolts, and other rebellions and uprisings, Patel and Moore demonstrate that throughout history, crises have always prompted fresh strategies to make the world cheap and safe for capitalism.
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A remarkable exposé & synthesis of the Ponzi scheme that capitalism is and always has been.
- By Scott on 02-10-18
By: Raj Patel, and others
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Empire
- How Britain Made the Modern World
- By: Niall Ferguson
- Narrated by: Jonathan Keeble
- Length: 16 hrs and 11 mins
- Unabridged
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Once vast swathes of the globe were coloured imperial red, and Britannia ruled not just the waves but the prairies of America, the plains of Asia, the jungles of Africa and the deserts of Arabia. Just how did a small, rainy island in the North Atlantic achieve all this? And why did the empire on which the sun literally never set finally decline and fall? Niall Ferguson's acclaimed Empire brilliantly unfolds the imperial story in all its splendours and its miseries.
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Such a great listen - What a History Lesson
- By Dorothy on 11-04-17
By: Niall Ferguson
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New England Bound
- Slavery and Colonization in Early America
- By: Wendy Warren
- Narrated by: Elizabeth Wiley
- Length: 10 hrs and 4 mins
- Unabridged
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In a work that fundamentally recasts the history of colonial America, Wendy Warren shows how the institution of slavery was inexorably linked with the first century of English colonization of New England. While most histories of slavery in early America confine themselves to the Southern colonies and the Caribbean, New England Bound forcefully widens the historical aperture to include the entirety of English North America.
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Don't waste your time or money
- By Dis Carded on 09-03-17
By: Wendy Warren
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The Honor Code
- How Moral Revolutions Happen
- By: Kwame Anthony Appiah
- Narrated by: Kwame Anthony Appiah
- Length: 6 hrs
- Unabridged
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In this groundbreaking work, Kwame Anthony Appiah, hailed as "one of the most relevant philosophers today" (New York Times Book Review), changes the way we understand human behavior and the way social reform is brought about. In brilliantly arguing that new democratic movements over the last century have not been driven by legislation from above, Appiah explores the end of the duel in aristocratic England, the tumultuous struggles over foot binding in 19th-century China, the uprising of ordinary people against Atlantic slavery, and much more.
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Horribly Boring
- By Merle N. Savedow on 02-10-21
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Sapiens
- A Brief History of Humankind
- By: Yuval Noah Harari
- Narrated by: Derek Perkins
- Length: 15 hrs and 18 mins
- Unabridged
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Most books about the history of humanity pursue either a historical or a biological approach, but Dr. Yuval Noah Harari breaks the mold with this highly original book. From examining the role evolving humans have played in the global ecosystem to charting the rise of empires, Sapiens integrates history and science to reconsider accepted narratives, connect past developments with contemporary concerns, and examine specific events within the context of larger ideas.
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Should be required reading
- By Blue Zion on 12-22-18
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Millennium
- From Religion to Revolution: How Civilization Has Changed over a Thousand Years
- By: Ian Mortimer
- Narrated by: John Lee
- Length: 15 hrs and 14 mins
- Unabridged
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In Millennium, best-selling historian Ian Mortimer takes the listener on a whirlwind tour of the last 10 centuries of Western history. It is a journey into a past vividly brought to life and bursting with ideas, that pits one century against another in his quest to measure which century saw the greatest change. We journey from a time when there was a fair chance of your village being burned to the ground by invaders - and dried human dung was a recommended cure for cancer - to a world in which explorers sailed into the unknown and civilizations came into conflict.
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Bad ending - literally
- By John Gordon on 12-14-16
By: Ian Mortimer
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A fun historical analysis of Pirate political systems
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David Graeber's 2011 book, Debt: The First 5,000 Years, seeks to overturn hundreds of years of economic theory, specifically the idea that people have a natural inclination to trade with each other and that the concept of money developed spontaneously to overcome the inefficiencies of a bartering system. The US-born social activist uses his training as an anthropologist to trace the histories of money and of debt and reaches the conclusion that money was in fact created by the state as a means of exploiting the poor.
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Very thin overview
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A welcome challenge
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Great book. Lots of data
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Bullshit Jobs
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Alors que le progrès technologique a toujours été vu comme l'horizon d'une libération du travail, notre société moderne repose en grande partie sur l'aliénation de la majorité des employés de bureau. Beaucoup sont amenés à dédier leur vie à des tâches inutiles, sans réel intérêt et vides de sens, tout en ayant pleinement conscience de la superficialité de leur contribution à la société. C'est de ce paradoxe qu'est né et s'est répandu, sous la plume de David Graeber, le concept de "bullshit jobs" ou "jobs à la con", comme on les appelle en français.
By: David Graeber
What listeners say about Debt - Updated and Expanded
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- James C. Samans
- 08-14-16
Transformative to the point of being revolutionary
What did you love best about Debt - Updated and Expanded?
As we grow up, even before we study economics as a formal discipline, we're given a series of "truths" about human interaction - first and foremost the depiction of a world without money as a barter economy, as well as the "natural" human inclination to act for self-advantage, and these serve as the baseline for our reasoning. Thus, reasonable people applying their intellects to questions of human interaction and morality reach conclusions that can be supported by the underlying assumptions.
What David Graeber shows us in "Debt" is that virtually every such assumption is actually incorrect, either outright wrong or misinterpreted as a matter of historical record, so that all of our later reasoning is upended.
What did you like best about this story?
Before going back thousands of years to begin his unveiling, the author presents us with a scene from a cocktail party where he interacts with several people - one of them a banker, another working with a non-governmental organization. It's immediately clear from this interaction just how transformative Graeber's perspective is.
That Graeber is himself "on the left" is well-known - he self-identifies as an anarchist, and is considered to be one of the figures at the center of the early Occupy movement (see another of his books, "The Democracy Project," for details on this) - but this opening scene reveals even before anything else is discussed how the people we regard as "liberal" are really part of the same worldview as those we call "conservative," and that challenging the underlying assumptions is no more welcomed by one than the other.
What about Grover Gardner’s performance did you like?
Gardner is an excellent narrator, and his tone is just right for the subject matter.
Was this a book you wanted to listen to all in one sitting?
Yes, but coming in at nearly 18 hours, that's simply not possible. "Debt" is best listened to in substantial chunks, such as while commuting from place to place; I listened to it on the train, in the car, and while walking. There's a lot here, and it takes time to think about it and absorb the implications.
Any additional comments?
Some people post reviews calling this book "biased." There are certainly some value judgments made by the author, but what most such reviews really seem to be doing is taking issue with the audacity that an anthropologist would present an historical record - well supported by research, mind you - that shows the conventional wisdom on which our current economic thinking is based are all wrong. The negative reviews most often come down to incredulity that someone would dare to tell us that something "everyone" knows to be true (because we were told it was true) could actually be false.
What makes this so amusing is that the people writing such reviews, angry that their worldviews might be so completely wrong and unable to countenance such an idea on an intellectual level, rail that Graeber is "promoting his ideology," even though they're the ones left flailing around defending something whose bases have just been discredited.
You'll get nothing from this book is your intent is to get nothing. If you respond to being presented with very detailed, clearly valid interwoven evidence that much of the world's history just isn't the way that you imagine by saying "Well heck, what does he know?", then your view isn't going to be transformed, because you're taking your current economic beliefs - for whatever reason - purely on faith.
For those of us who studied economics and accepted its premises on faith but built our later understanding on reason from that starting point, reading "Debt" is a really disruptive experience that calls into question almost everything we think and know. It's a great read the first time and better the second.
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120 people found this helpful
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- mminto
- 01-13-17
This book peeled my eyes open.
This is one of those rare A+ books. Dense with information and history, it shattered much of what I had thought about money, motivation, and mandkind as a whole. As a former scientist, I was astounded by how many my views of society and culture shifted as the result of reading this book. Truly eye opening.
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- Kristin
- 12-13-15
Amazing description of debt history
I will qualify I am not a supporter of his protests or really ideals; however I thought this book was extremely well done with an objective perspective that made it a wonderful history lesson.
An excellent perspective on human history and the role debt played. Highly recommend, very easy to listen to and understand.
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- Matt
- 05-09-16
Insufferable
There is some good information here but it is completely buried beneath the author's heavy handed political and moral sermonizing. In cases where I had extensive prior knowledge of a subject, the author's descriptions were misleading at best, which makes it hard for me to trust the other information in this book.
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- ProfGolf
- 02-09-17
Great insights but theme is hard to follow
The beginning and end of the book are absolutely riveting. They present a highly original reexamination of fundamental economic, social and moral tenets that calls into question many near universal assumptions about human relationships and political organizations.
However the long middle of the book is an academic treatise on several historical societies. I'm sure the author has a clear vision of how these meandering surprises connect to the core theme of debt, but I found myself frequently unable to see their relevance. So that part of the book was a tedious slog for me.
I am going to try rereading it without the middle chapters to see if I can gain a better understanding of the main arguments of how debt relates to violence and social organization. I think there is an important message here.
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- Toast
- 10-01-16
Goes off the deep end halfway through
Any additional comments?
The premise introduced in the beginning of the book--that the history of money consisted of a progression from credit to currency to barter, rather than the other way around, was interesting and compelling. There's a passing mention of how refusing to allow nations to default on debt amounts to moral hazard (true enough), but unfortunately after that things went downhill. Midway through the book the author switches to a strange view of the world where he insists that because we don't charge a coworker money for passing them a hammer when working together, we're all really communists (actual example from the book). All of which is part of an elaborate straw man version of traditional economics where all human interactions must be self-interested exchange, which the author constructs, then attacks for distorting reality to make all interactions fit that model. All of which seems like projecting on the author's part, since he immediately follows that with examples where he twists all kinds human interactions so that he can try to portray them as communism.
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- Nancy
- 08-05-16
Should be listed as political ideology not history
The author is so polarized and vocal in his political view of debt and its positives and negatives that I can't trust his interpretation of history. The first several hours are him laying out his agenda, bashing all prior economic theories and theorists, and talking about hypothetical situations that demonstrate how wrong they are. His view and discourse show so much bias that I don't trust his presentation of the book topic to be a reasonable and balanced interpretation of historical data. I was looking for a historical and educational book rather than political economic agenda.
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- Andrew P.
- 08-07-18
Debt
This book, by David Graeber, has left a deep impression on me. I particularly liked his observation that some things being ‘worth more than money’ was precisely what led to a price on humans. Priceless family members as collateral for a loan (so the debtor is sure to pay) -> hard times prevent repayment, so the creditor takes the human collateral - > the creditors now must write off the debt or create a market for humans to recoup -> the market now decides the value of people through a sick, but obvious, chain of events which requires stripping the surrounding context of the valued community member to turn them into a thing people can buy. The author covers another dozen or so issues with examples to provide color.
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- wbiro
- 10-19-16
Far More Interesting than the Title Implies
After a few very dull and tedious philosophy books, this book was a lively relief.
There is lot of interesting general and specific history here, and many good stories/accounts.
Most curious was the theory that the barter system never existed outside of speculative fantasy (still having no evidence of every existing before monetary systems).
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- P. Wang
- 02-14-17
Good observation bad political rant
This book was written by an anthropologist. The book covered not just the West, but also other civilizations throughout history, which is really nice. The stories are interesting but its interpretations at times seems a bit tenuous.
It raised my eyebrow in the first 10 minutes when the author proclaimed that IMF is imperialist and kind of evil. I was intrigued (and slightly outraged) and that stopped me from instantly returning the book.
The book got a bit more interesting when it went through the history of debt from an anthropological perspective. There were examples from all ethnic and historical backgrounds.
Unfortunately the book was littered with the author's far left political philosophy, which was very boring. The last two chapters are entirely political rants which could have been omitted and would have made the book more interesting.
Spoiler: at the end of the book, the author called for a universal debt amnesty. Listen at your own risk.
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