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Debt: The First 5,000 Years

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  • 544 páginas
  • 20 horas de lectura

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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

Idioma
Publicado en
2012
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Idioma
Inglés
Publicado en
2012
Formato
Tapa blanda
Páginas
544
ISBN10
1612191290
ISBN13
9781612191294
Serie
Calificación
4,2 de 5
Descripción
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.