Debt: the First 5000 Years by David Graeber. He debunks the standard narrative of “barter, then hard currency, then systems of credit” that is commonly taught when discussing the history of economics, and goes into the conflation of financial debt and spiritual debt, leading to society placing moral weight on someone being in financial debt.
Debt: the First 5000 Years by David Graeber. He debunks the standard narrative of “barter, then hard currency, then systems of credit” that is commonly taught when discussing the history of economics, and goes into the conflation of financial debt and spiritual debt, leading to society placing moral weight on someone being in financial debt.
I’ve read it too, and this is a perfect summary. (The book is relatively long and the topic is complex, not an easy read.)
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