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


  • Editors, The Black Agenda Review
    ESSAY: Open Letter to Marxists, Gwendolyn M. Patton, 1975
    23 Sep 2026
    “...the science for revolutionary change…is forged by human persuasion and building social consciousness based on the class analysis which sees the struggle against racism as central.”
  • Anthony Karefa Rogers-Wright
    The Symone Sanders Minstrel Show Demonstrates the Desolation of the Black Misleadership Class
    23 Sep 2026
    Symone Sanders interview with Hasan Piker exposed her as a bad-faith interlocutor who uses identity as a cudgel while remaining silent on the poverty, pollution, and police violence that plague the…
  • North-South Project for People(s)-Centered Human Rights
    Fergie Chambers Extradition: A People(s)-Centered Human Rights Analysis
    23 Sep 2026
    The U.S. extradition request for Fergie Chambers is an attempt to use Spanish courts to extend a domestic repression campaign against political opposition.
  • Jacqueline Luqman
    The Perfect Victim Narrative Applied To Foreign Policy Only Keeps U.S. Imperialism Alive
    23 Sep 2026
    The demand to call out alleged crimes in Iran or Cuba while those countries face annihilation from the U.S. and Israel is a refusal to see those people as human beings worthy of protection.
  • Charisse Burden-Stelly, PhD
    Twentieth Century Red Scares in the United States
    23 Sep 2026
    Red Scares are a recurring feature of the U.S. political tradition aimed at criminalizing anticapitalist politics through accusations of foreign infiltration and conspiracy. The NSPM-7 and the report…
  • Load More
Subscribe
connect with us
about us
contact us