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


  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Eric Adams, Zionism, and Pre-Emptive Strikes Against Mamdani
    19 Nov 2025
    Eric Adams, New York City’s blustering and corrupt outgoing mayor, is working with his allies to undermine mayor elect Zohran Mamdani in a blatant power grab and a violation of all norms of democracy.
  • Editors, The Black Agenda Review
    ESSAY: Europe's Other Self, Stuart Hall, 1991
    19 Nov 2025
    “The story of European identity is often told as if it had no exterior.”
  • Ann Garrison, BAR Contributing Editor
    Somalia: Farmaajo Returns
    19 Nov 2025
    Farmaajo, a hugely popular Somali politician who has never been favored by the US, is widely expected to seek the presidency in Somalia’s 2026 election.
  • Raymond Nat Turner, BAR poet-in-residence
    Day 40-something pedophile-protecting government shutdown
    19 Nov 2025
    "Day 40-something pedophile-protecting government shutdown" is the latest from BAR's Poet-in-Residence.
  • Anthony Karefa Rogers-Wright , ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    COPing Out In Brazil: How The United Nations Reduces its Legitimacy More Than Global Emissions
    19 Nov 2025
    Despite being held in Brazil, a nation with the largest Black population outside of the African continent, COP30 has continued a thirty-year pattern of sidelining the specific climate threats to Afro…
  • Load More
Subscribe
connect with us
about us
contact us