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To: Metacomet who wrote (109388)12/31/2014 4:47:40 AM
From: critical_mass1 Recommendation

Recommended By
clochard

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The book Debt: The First 5000 Years by David Graeber was recommended on this thread more than three years ago and is worth reading.

Message 27593309

It covers a couple of ideas related to your recent posts.

One is that money arose from debt systems and there is very little evidence for the existence of the barter economy which has been assumed to precede currency based trade.

Another is the concept of debt which will never be repaid - essentially a form of tribute. When the debtor is much more powerful than the creditor or creditors, tribute may be part of the relationship.
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