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The Macat Library: Debt : The First 5000 Years by Sulaiman Hakemy (2017, Trade Paperback)

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Weight: 0.21 lbs. Number of Pages: 88. Publication Date: 2017-07-15. Publisher: MACAT LIB.

About this product

Product Identifiers

PublisherMacat International The Limited

ISBN-101912128799

ISBN-139781912128792

eBay Product ID (ePID)240293103

Product Key Features

Number of Pages88 Pages

LanguageEnglish

Publication NameDebt : the First 5000 Years

SubjectFinance / General, General, Economics / General, Anthropology / General, Money & Monetary Policy

Publication Year2017

TypeTextbook

AuthorSulaiman Hakemy

Subject AreaLiterary Criticism, Social Science, Business & Economics

SeriesThe Macat Library

FormatTrade Paperback

Dimensions

Item Height0.4 in

Item Weight4 Oz

Item Length7.8 in

Item Width5 in

Additional Product Features

Intended AudienceCollege Audience

Table Of ContentWays in to the text Who is David Graeber? What does Debt: The First 5000 Years Say? Why does Debt: The First 5000 Years Matter? Section 1: Influences Module 1: The Author and the Historical Context Module 2: Academic Context Module 3: The Problem Module 4: The Author's Contribution Section 2: Ideas Module 5: Main Ideas Module 6: Secondary Ideas Module 7: Achievement Module 8: Place in the Author's Work Section 3: Impact Module 9: The First Responses Module 10: The Evolving Debate Module 11: Impact and Influence Today Module 12: Where Next? Glossary of Terms People Mentioned in the Text Works Cited

SynopsisDebt is one of the great subjects of our day, and understanding the way that it not only fuels economic growth, but can also be used as a means of generating profit and exerting control, is central to grasping the way in which our society really works. David Graeber's contribution to this debate is to apply his anthropologists' training to the understanding of a phenomenon often considered purely from an economic point of view. In this respect, the book can be considered a fine example of the critical thinking skill of problem-solving. Graeber's main aim is to undermine the dominant narrative, which sees debt as the natural - and broadly healthy - outcome of the development of a modern economic system. He marshals evidence that supports alternative possibilities, and suggests that the phenomenon of debt emerged not as a result of the introduction of money, but at precisely the same time. This in turn allows Graeber to argue against the prevailing notion that economy and state are fundamentally separate entities. Rather, he says, "the two were born together and have always been intertwined" - with debt being a means of enforcing elite and state power. For Graeber, this evaluation of the evidence points to a strong potential solution: there should be more readiness to write off debt, and more public involvement in the debate over debt and its moral implications.