A review of David Graeber Debt: The first 5,000 years (Melville House, New York, 2011, 534 pages)
Debt is everywhere today. What is “sovereign debt” and why must Greece pay up, but not the United States? Who decides that the national debt will be repaid through austerity programmes rather than job-creation schemes? Why do the banks get bailed out, while students and home-owners are forced to repay loans? The very word debt speaks of unequal power; and the world economic…
ContinueAdded by Keith Hart on July 5, 2012 at 8:11am — 7 Comments
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