Tuesday, July 10, 2012

Debt, Sin, Guilt, and the Way Out (video)

Sonali Kolhatkar, Martina Steiner, Uprising.com; David Graeber; Wisdom Quarterly 
() David Graeber is an American anthropologist, who teaches at Goldsmiths University of London. He is the author of Debt: The First 5,000 Years and a founding activist in the Occupy Movement.

David Graeber shows how debt (in many languages a word translated into "sin" or "guilt") and debt-forgiveness have been at the center of political debates across the world.
They have given rise to innumerable uprisings. He explores the history of money and credit and how societies have been divided into creditors and debtors.
Debt: The First 5000 Years
Most Americans know all too well the unjust difference between how homeowners facing foreclosure are treated versus how massive indebted banks responsible for the economic crisis have been treated. 
That unequal application of justice has angered so many Americans that it gave rise to Occupy, a worldwide movement under the banner of disrupting capitalism-as-usual by occupying Wall Street. He is considered one of the first activists credited with getting #OWS off the ground.
His earlier books include Towards and Anthropological Theory of Value, Lost People: Magic and the Legacy of Slavery in Madagascar, Fragments of an Anarchist Anthropology, and more. He also writes for Harper’s, The Nation, and The New Left Review.
Thought for the Day
“As it turns out, we don’t 'all' have to pay our debts. Only some of us do. Nothing would be more important than to wipe the slate clean for everyone, mark a break with our accustomed morality, and start again” - David Graeber.

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