Debt: The First 5000 Years
David Graeber
41 people recommended it in 24 threads, 2011–2024.
13 commenters pushed back on it — worth reading the threads.
What people on Hacker News said
"Debt: The first 5000 years" completely changed the way I view money, society, and relationships.
Even if you aren't onboard with Graeber's radical left politics, both books are so chock full of ideas and examples that it's hard to come away without a lot to think about.
It cops a lot of flak from some conservative established economists though, probably because most of the book is dedicated to disassembling economic myth from the perspective of history and anthropology.
History of economic systems. Everything we know about money is one of many alternatives tried somewhere at some time.
Bit of a slog, but worth it for an in depth look at the historic mechanisms of debt that are inexorably tied to violence and control
Anthropologist shreds sacred classical "economics" cows on markets, debt, capitalism, etc.… …hard not to see things after taking in this fantastic research.
This is truly a magnum opus. Until I read this I had taken money, economy, market etc., for granted. And I had held onto the widely accepted, but naive, view that economic systems somehow grew out of barter systems.
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