Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

The Origins of Debt, Money, Slavery and Empire
21 Sep 2011
🖨️ Print Article

Like most of us, you probably learned in school that people invented money to replace barter, markets are guided by The Invisible Hand, and a debt is a kind of sacred promise.  Like much else you learned in school, says anthropologist David Graeber, this is wrong.  Markets are constructed by states, while the appearance of debt, slavery and money in human affairs coincide with the appearance of violent empires, and recede when empires are in decline.  Debts are only sacred, Graeber explains, when the poor owe the rich, and there are key distinctions between debts and promises.  Graeber, the author of Debt: The First 5,000 Years is interviewed by C.S. Soong on KPFA's Against the Grain...

The Origins of Debt, Money, Slavery and Empire

An Against the Grain Interview by C.S. Soong and Sasha Lilley

KPFA.s Against the Grain is consistently one of the best interview shows around.  We at BAR steal ideas from them all the time.  You can find a link to Debt: The First 5,000 Years here.



Your browser does not support the audio element.

listen
http://www.againstthegrain.org/files/files/atg/atg_2013.01.07_graeber.mp3

More Stories


  • From the Flag to the Cross: Fascism American Style
    Black Agenda Radio with Margaret Kimberley
    Fascism American Style
    19 Sep 2025
    A new anthology, From the Flag to the Cross: Fascism American Style, was recently published by OR Books. We're joined by co-editor Michael Steven Smith, a retired attorney, former board member of the…
  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    White Power
    17 Sep 2025
    The power structure in the U.S. can be boiled down to a system of might, and white, making right. Donald Trump has exposed its rotten foundations and the two-faced collaborators who keep it running.
  • Editors, The Black Agenda Review
    ESSAY: U.S., The Caribbean, and the Future, Tim Hector, 1984
    17 Sep 2025
    “There has been divide and rule in the modern Caribbean with a vengeance, all in the interest of US hegemony over the economic, military and political destiny of the Caribbean as a whole.”
  • Ann Garrison, BAR Contributing Editor
    Neocolonialism in Africa, from the IMF and the World Bank to the International Caucasian Court for Prosecuting Africans
    17 Sep 2025
    These are remarks prepared for a 09/16/25 Covert Action webinar on Neocolonialism in Africa.
  • Jon Jeter
    How Charlie Kirk’s Murder Exposes Free Speech as a Tool for American Exceptionalism
    17 Sep 2025
    The assassination of a far-right demagogue raises the question: when does 'free speech' become a tool for inciting violence? Nations like South Africa and Brazil have decided that some speech is not…
  • Load More
Subscribe
connect with us
about us
contact us