Debt: The First 5000 Years, by David Graeber


From 11-4-13:

-It is an economic myth that the barter system came before a credit based society.  In fact, the opposite is true.  Economic evidence shows that credit based societies have existed from the beginning.  Barter systems could not possibly exist without a previous credit based society (or at least knowledge of).

-If barter system came first, there would never have been any incentive to “collect” items

-Primordial Debt:  Notion that religion is about paying a debt to the universe through submission to it

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