DEBT: The First
5,000 Years David Graeber @ Talks at Google

Video: https://www.youtube.com/watch?v=CZIINXhGDcs

00:21:55 The false story of a society without money (bathering)

00:24:44 The more likely story based on anthropology and research …

00:31:02 The reason for quantification and the association of money and violence

00:44:12 Employing money in war and the example of Madagascar

00:56:13 The need for regulation in systems of virtual money (credit)

00:58:50 Democracy as a regulatory factor in the managment of dept

00:59:40 Q & A

David Graeber

David Rolfe Graeber (; February 12, 1961 – September 2, 2020) was an American anthropologist and anarchist activist. His influential work in economic anthropology, particularly his books Debt: The First 5,000 Years (2011), Bullshit Jobs (2018), and The Dawn of Everything (2021), and his leading role in the Occupy movement, earned him recognition as one of the foremost anthropologists and left-wing thinkers of his time. Born in New York to a working-class Jewish family, Graeber studied at Purchase College and the University of Chicago, where he conducted ethnographic research in Madagascar under Marshall Sahlins and obtained his doctorate in 1996. He was an assistant professor at Yale University from 1998 to 2005, when the university controversially decided not to renew his contract before he was eligible for tenure. Unable to secure another position in the United States, he entered an "academic exile" in England, where he was a lecturer and reader at Goldsmiths' College from 2008 to 2013, and a professor at the London School of Economics from 2013. In his early scholarship, Graeber specialized in theories of value (Toward an Anthropological Theory of Value, 2002), social hierarchy...
Definition from Wikipedia – David Graeber

Debt: The First 5,000 Years

Debt: The First 5,000 Years is a book by anthropologist David Graeber published in 2011. It explores the historical relationship of debt with social institutions such as barter, marriage, friendship, slavery, law, religion, war and government. It draws on the history and anthropology of a number of civilizations, large and small, from the first known records of debt from Sumer in 3500 BCE until the present. Reception of the book was mixed, with praise for Graeber's sweeping scope from earliest recorded history to the present; others criticized Debt due to the book's lack of accuracy.
Definition from Wikipedia – Debt: The First 5,000 Years

Jubilee in the Catholic Church

A jubilee is a special year of remission of sins, debts and universal pardon. In Leviticus, a jubilee year is mentioned to occur every 50th year; during which slaves and prisoners would be freed, debts would be forgiven and the mercies of God would be particularly manifest. In Western Christianity, the tradition dates to 1300, when Pope Boniface VIII convoked a holy year, following which ordinary jubilees have generally been celebrated every 25 or 50 years, with extraordinary jubilees in addition depending on need. Catholic jubilees, particularly in the Latin Church, generally involve a pilgrimage to a sacred site, normally the city of Rome. The Catholic Church declared an Extraordinary Jubilee of Mercy for 2015–2016. The next jubilee year will be celebrated in 2025.
Definition from Wikipedia – Jubilee in the Catholic Church

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