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Thread: Making Debt (by Miranda Joseph - PDF)

  1. #1

    Making Debt (by Miranda Joseph - PDF)

    Link to the complete work here. Two pages out of ten shown below for preview:

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    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?
    Last edited by allodial; 02-10-16 at 11:25 AM.
    All rights reserved. Without prejudice. No liability assumed. No value assured.

    "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius
    "It is the glory of God to conceal a thing: but the honour of kings is to search out a matter." Proverbs 25:2
    Prove all things; hold fast that which is good. Thess. 5:21.

  2. #2
    There is a book that you may want to add to this list:

    Debt: The First 5000 Years by David Graeber

  3. #3
    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.
    Last edited by allodial; 02-19-16 at 02:29 PM.
    All rights reserved. Without prejudice. No liability assumed. No value assured.

    "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius
    "It is the glory of God to conceal a thing: but the honour of kings is to search out a matter." Proverbs 25:2
    Prove all things; hold fast that which is good. Thess. 5:21.

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