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Your next favorite book
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The First 5,000 Years,Updated and Expanded
by David Graeber
Now more relevant than ever, the groundbreaking international best-seller turns everything you think about money, debt, and society on its head—from the "brilliant, deeply original political thinker" David Graeber (Rebecca Solnit, author of Men Explain Things to Me)
Before there was money, there was debt. For more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long before the invention of coins or cash. It is in this era that we also first encounter a society divided into debtors and creditors—which lives on in full force to this day.
So says anthropologist David Graeber in a stunning reversal of conventional wisdom. He shows that arguments about debt and debt forgiveness have been at the center of political debates from Renaissance Italy to Imperial China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like "guilt," "sin," and "redemption") derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong.
We are still fighting these battles today.
"Written in a brash, engaging style, the book is also a philosophical inquiry into the nature of debt — where it came from and how it evolved." —The New York Times Book Review
"[A] groundbreaking study...opened up a vibrant and ongoing conversation about the evolution of our economic system by challenging conventional accounts of the origins of money and markets; relationships of credit and debt, he showed, preceded the development of coinage and cash." —The New Yorker
"Debt [is] meticulously and deliciously detailed." —Los Angeles Times
"Controversial and thought-provoking, an excellent book." —Booklist
"This timely and accessible book would appeal to any reader interested in the past and present culture surrounding debt, as well as broad-minded economists." —Library Journal
This information about Debt was first featured
in "The BookBrowse Review" - BookBrowse's membership magazine, and in our weekly "Publishing This Week" newsletter. Publication information is for the USA, and (unless stated otherwise) represents the first print edition. The reviews are necessarily limited to those that were available to us ahead of publication. If you are the publisher or author and feel that they do not properly reflect the range of media opinion now available, send us a message with the mainstream reviews that you would like to see added.
Any "Author Information" displayed below reflects the author's biography at the time this particular book was published.
David Graeber (1961-2020) was a professor of anthropology at the London School of Economics. One of the original organizers of Occupy Wall Street, Graeber was also the author of Utopia of Rules and wrote widely for publications such as The Guardian, Harper's, The Baffler, n+1, The Nation, The New Inquiry, and The New Left Review.
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