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Debt: The First 5,000 Years

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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 5000 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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Debt: The First 5,000 Years, David Graeber

Taal
Jaar van publicatie
2012
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Taal
Engels
Jaar van publicatie
2012
Formaat
Paperback
Aantal pagina's
544
ISBN10
1612191290
ISBN13
9781612191294
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Beoordeling
4,2 van 5
Aantekening
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 5000 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.