PDA

View Full Version : Making Debt (by Miranda Joseph - PDF)



allodial
02-10-16, 11:18 AM
Link to the complete work here (http://arcade.stanford.edu/sites/default/files/article_pdfs/Occasion_v07_Joseph_Occasion_03Pass_1001_final.pdf ). Two pages out of ten shown below for preview:

3414

3415

Note: the author's mention of the situation of Jamaica's money troubles after becoming free. Was it due to lack of knowledge about money?

shikamaru
02-19-16, 12:11 AM
There is a book that you may want to add to this list:

Debt: The First 5000 Years by David Graeber (https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years)

allodial
02-19-16, 02:25 PM
Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems-to relieve ancient people from having to haul their goods to market. The problem with this version of history? There's not a shred of evidence to support it.

Here anthropologist David Graeber presents a stunning reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods-that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors.

The game of chess Black vs White or Black vs Red. The skin color game promoted in pop culture is used to conceal that skin color isn't the thing, the colors are code for a political status like in or out or insider or outsider, national vs stranger--and resident--go figure--is synonymous with stranger. Consider, there were adverts back in the 1500s to 1800s looking for 'white negroes' (freeborn) slaves. The concept of the apprentice and indenture are important to get the gist. Apprenticeships often involved the apprentice becoming INDEBTED to the tutor or what-have-you (see how universities operate with debt and student loans). Debtor ~= 'dead'--thus the 'need' for a 'corporate society' to parallel the organic.