Debt - Updated and Expanded
The First 5,000 Years
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Narrated by:
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Grover Gardner
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By:
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David Graeber
About this listen
Now in audio, the updated and expanded edition: David Graeber's "fresh...fascinating...thought-provoking...and exceedingly timely" (Financial Times) history of debt.
Here, anthropologist David Graeber presents a stunning reversal of conventional wisdom: He shows that before there was money, there was debt. 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.
Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like "guilt", "sin", and "redemption") derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it.
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Caveat: Human beings -- Totally untrustworthy
- By lost the power cord could you send me another cord address 13 east wilmont ave somers point nj 08244 on 05-17-16
By: Leif Wenar
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Capitalism
- The Unknown Ideal
- By: Ayn Rand
- Narrated by: Anna Fields
- Length: 14 hrs and 13 mins
- Unabridged
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The foundations of capitalism are being battered by a flood of altruism, which is the cause of the modern world's collapse. This was the view of Ayn Rand, a view so radically opposed to prevailing attitudes that it constituted a major philosophic revolution. In this series of essays, she presented her stand on the persecution of big business, the causes of war, the default of conservatism, and the evils of altruism.
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Ashame this is not taught in our
- By Karen on 08-18-07
By: Ayn Rand
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Destiny Disrupted
- A History of the World through Islamic Eyes
- By: Tamim Ansary
- Narrated by: Tamim Ansary
- Length: 17 hrs and 28 mins
- Unabridged
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Until about 1800, the West and the Islamic realm were like two adjacent, parallel universes, each assuming itself to be the center of the world while ignoring the other. As Europeans colonized the globe, the two world histories intersected and the Western narrative drove the other one under. The West hardly noticed, but the Islamic world found the encounter profoundly disrupting.
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A history of the world before the West mattered
- By David on 05-05-14
By: Tamim Ansary
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A History of the World in Seven Cheap Things
- A Guide to Capitalism, Nature, and the Future of the Planet
- By: Raj Patel, Jason W. Moore
- Narrated by: Simon Mattacks
- Length: 6 hrs and 40 mins
- Unabridged
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Nature, money, work, care, food, energy, and lives: these are the seven things that have made our world and will shape its future. Bringing the latest ecological research together with histories of colonialism, indigenous struggles, slave revolts, and other rebellions and uprisings, Patel and Moore demonstrate that throughout history, crises have always prompted fresh strategies to make the world cheap and safe for capitalism.
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A remarkable exposé & synthesis of the Ponzi scheme that capitalism is and always has been.
- By Scott on 02-10-18
By: Raj Patel, and others
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New England Bound
- Slavery and Colonization in Early America
- By: Wendy Warren
- Narrated by: Elizabeth Wiley
- Length: 10 hrs and 4 mins
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In a work that fundamentally recasts the history of colonial America, Wendy Warren shows how the institution of slavery was inexorably linked with the first century of English colonization of New England. While most histories of slavery in early America confine themselves to the Southern colonies and the Caribbean, New England Bound forcefully widens the historical aperture to include the entirety of English North America.
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Don't waste your time or money
- By Dis Carded on 09-03-17
By: Wendy Warren
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The Honor Code
- How Moral Revolutions Happen
- By: Kwame Anthony Appiah
- Narrated by: Kwame Anthony Appiah
- Length: 6 hrs
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In this groundbreaking work, Kwame Anthony Appiah, hailed as "one of the most relevant philosophers today" (New York Times Book Review), changes the way we understand human behavior and the way social reform is brought about. In brilliantly arguing that new democratic movements over the last century have not been driven by legislation from above, Appiah explores the end of the duel in aristocratic England, the tumultuous struggles over foot binding in 19th-century China, the uprising of ordinary people against Atlantic slavery, and much more.
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Horribly Boring
- By Merle N. Savedow on 02-10-21
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Millennium
- From Religion to Revolution: How Civilization Has Changed over a Thousand Years
- By: Ian Mortimer
- Narrated by: John Lee
- Length: 15 hrs and 14 mins
- Unabridged
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In Millennium, best-selling historian Ian Mortimer takes the listener on a whirlwind tour of the last 10 centuries of Western history. It is a journey into a past vividly brought to life and bursting with ideas, that pits one century against another in his quest to measure which century saw the greatest change. We journey from a time when there was a fair chance of your village being burned to the ground by invaders - and dried human dung was a recommended cure for cancer - to a world in which explorers sailed into the unknown and civilizations came into conflict.
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Bad ending - literally
- By John Gordon on 12-14-16
By: Ian Mortimer
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Empire
- By: Niall Ferguson
- Narrated by: Sean Barrett
- Length: 15 hrs and 13 mins
- Unabridged
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The British Empire was the largest in all history: the nearest thing to global domination ever achieved. The world we know today is in large measure the product of Britain's age of empire. The global spread of capitalism, telecommunications, the English language, and the institutions of representative government - all these can be traced back to the extraordinary expansion of Britain's economy, population, and culture from the 17th century until the mid-20th. On a vast and vividly colored canvas, Empire shows how the British Empire acted as midwife to modernity.
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Not Balanced till Conclusion
- By Hectoris on 08-13-20
By: Niall Ferguson
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How Civilizations Die (and Why Islam Is Dying Too)
- By: David Goldman
- Narrated by: Tom Weiner
- Length: 8 hrs and 52 mins
- Unabridged
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Past and present civilizations failed and fail for many reasons, but the number-one predictor of a civilization’s survival is its sense of religion—or lack thereof. So argues David Goldman in How Civilizations Die (and Why Islam Is Dying Too). The strength of a civilization’s religion affects its purpose, its fertility rate, and ultimately, its fate, says Goldman—who then argues that, contrary to popular belief, Islamic countries are in the last throes of death while Christian America is in a position to flourish.
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Pseudointellectual Clickbait
- By Sam on 12-22-20
By: David Goldman
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What listeners say about Debt - Updated and Expanded
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- James C. Samans
- 08-14-16
Transformative to the point of being revolutionary
What did you love best about Debt - Updated and Expanded?
As we grow up, even before we study economics as a formal discipline, we're given a series of "truths" about human interaction - first and foremost the depiction of a world without money as a barter economy, as well as the "natural" human inclination to act for self-advantage, and these serve as the baseline for our reasoning. Thus, reasonable people applying their intellects to questions of human interaction and morality reach conclusions that can be supported by the underlying assumptions.
What David Graeber shows us in "Debt" is that virtually every such assumption is actually incorrect, either outright wrong or misinterpreted as a matter of historical record, so that all of our later reasoning is upended.
What did you like best about this story?
Before going back thousands of years to begin his unveiling, the author presents us with a scene from a cocktail party where he interacts with several people - one of them a banker, another working with a non-governmental organization. It's immediately clear from this interaction just how transformative Graeber's perspective is.
That Graeber is himself "on the left" is well-known - he self-identifies as an anarchist, and is considered to be one of the figures at the center of the early Occupy movement (see another of his books, "The Democracy Project," for details on this) - but this opening scene reveals even before anything else is discussed how the people we regard as "liberal" are really part of the same worldview as those we call "conservative," and that challenging the underlying assumptions is no more welcomed by one than the other.
What about Grover Gardner’s performance did you like?
Gardner is an excellent narrator, and his tone is just right for the subject matter.
Was this a book you wanted to listen to all in one sitting?
Yes, but coming in at nearly 18 hours, that's simply not possible. "Debt" is best listened to in substantial chunks, such as while commuting from place to place; I listened to it on the train, in the car, and while walking. There's a lot here, and it takes time to think about it and absorb the implications.
Any additional comments?
Some people post reviews calling this book "biased." There are certainly some value judgments made by the author, but what most such reviews really seem to be doing is taking issue with the audacity that an anthropologist would present an historical record - well supported by research, mind you - that shows the conventional wisdom on which our current economic thinking is based are all wrong. The negative reviews most often come down to incredulity that someone would dare to tell us that something "everyone" knows to be true (because we were told it was true) could actually be false.
What makes this so amusing is that the people writing such reviews, angry that their worldviews might be so completely wrong and unable to countenance such an idea on an intellectual level, rail that Graeber is "promoting his ideology," even though they're the ones left flailing around defending something whose bases have just been discredited.
You'll get nothing from this book is your intent is to get nothing. If you respond to being presented with very detailed, clearly valid interwoven evidence that much of the world's history just isn't the way that you imagine by saying "Well heck, what does he know?", then your view isn't going to be transformed, because you're taking your current economic beliefs - for whatever reason - purely on faith.
For those of us who studied economics and accepted its premises on faith but built our later understanding on reason from that starting point, reading "Debt" is a really disruptive experience that calls into question almost everything we think and know. It's a great read the first time and better the second.
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120 people found this helpful
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- Mary
- 01-17-17
Thumbs up!
Heavy, but well worth it. Intentionally scholarly. Highly recommend, especially if you want to understand what is messed up about our understanding of economics!!
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- ILIAN PARASKOV
- 05-09-17
A must read for anyone interested in economics
Excellent book. David Graeber has his bias, but his arguments are supported well. In my humble opinion, this is one of the most important books written post 2007 crisis. Not only does it challange the current paradigm that frames our way of thinking (one must always pay his debts) but it also provides alternatives (debt jubilee).
As an audio book it is easy to follow and the performance is good.
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- clanmackay
- 07-09-18
Be prepared to rethink everything you think you know about debt
"The criminalization of debt, then, was the criminalization of the very basis of human society. It cannot be overemphasized that in a small community, everybody normally was both lender and borrower."
While far from Marxist, this book continuously, systematically, and literately destroys the founding myths of Capitalism by presenting and analyzing a series of cognitive dissonances we should experience when thinking about it. Filled with revealing anthropological accounts and deep insight, this treatise will make you rethink everything you think you understand about money, finance, the market, and debt.
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- cappa
- 12-14-18
mind blowing history of money
barter is a myth. the history of money is extremely complicated. this book does an incredible job explaining the history of money and the narrator is perfect.
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- Amazon Customer
- 04-06-19
Wonderful, comprehensive anthropological take on debt and money
Excellent reading, intellectual but accessible tone, gripping account of some topics one might find boring. Loved it.
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- Alfredo
- 04-18-18
Revealing!!!
the history and insights in this book are of great importance! hopefully it turns out to be one of the most influential books on the Economy and our times. We must learn from our past and project to the Future. David Graeber gives us an excellent starting point. a must-read for 21st century intellectuals.
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- susan nash
- 09-29-20
This book will change your life!
Explains why forgiving all debt-student, homes, etc. etc. and rethinking everything we ever thought we knew about “economics” will make us all better off and ideas about how to get there. Think OCCUPY .
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Fallow the money
This book provides a clear understanding of what government is and what it should be. we the people of the people by the people. not for the financial sector of the financial sector by the financial sector.
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- Godfree Roberts
- 02-17-16
Awful performance
A harsh voice, like most Audible performances, makes listening a chore. There are many readers with beautiful voices. Why not employ the Most?
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