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Debt - Updated and Expanded

The First 5,000 Years

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Debt - Updated and Expanded

Written by: David Graeber
Narrated by: Grover Gardner
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About this listen

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.

©2014 David Graeber (P)2015 Gildan Media LLC
Ancient Anthropology Economic History Theory World

Critic Reviews

"Controversial and thought-provoking, an excellent book." (Booklist)

What listeners say about Debt - Updated and Expanded

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Detailed history of debt

The first two-thirds of the book is about ancient history of debt. Only the last third talks about recent and relevant debt of our times

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Too much information

The book is long and has a lot of historical info which makes it very interesting.

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read the last chapter if you can't do the book

the book is a. economic history of mankind itself

exceptionally well written, easy to understand and will change the readers' outlook to life itself

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The best there is!

The idea of modern economics always bewildered me, from birth we are used to such systems yet we do not know how it came about. This audiobook of the great late David Graeber extrapolates on the exploits of homo sapiens in the pursuit of capital and the socio-economic changes that ensued.

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Very Nice Book

this book was really good to understand certain aspects of Financial systems and about how debt is used as a tool in various times.
a good read but a long one but I liked it

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Mind bending

so phenomenal that I'm going to order a hard cover and start reading it again. graeber is a gifted writer and has certainly changed the way I look at the society as a whole.

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an eye opener

Narrative is really good. but above all the content in this book is amazing. it's an eye opener. In my opinion this book should be taught as the main text in every university. A lot of principles and idea of the modern economy is taught as a preamble without ever questioning their Foundation. this is one such book which forces you to think over, shakes the very foundation of our beliefs of divine loans, gospel words. I've ordered a printed copy of it :)

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Brilliant insight into human history through debt

Debt is such an intrinsic characteristic of our human lives from actual money debt to karmic debt. This brilliant piece of work delivers on its promise of succinctly explaining the history of debt and its impact of culture and civilization as much on the economy.

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