Debt - like sin - implies that one party in the transaction didn't live up to expectations, at least in the moment, and has done something wrong.
David GraeberCapitalism is like this fractal thing where anything that contains an element of capitalism anywhere inside it is just something that turns into capitalism. It is an incredibly defeatist attitude. If you choose to look at reality that way, I suppose you can, but you have to do enormous violence to reality to do so consistently.
David GraeberThere are markets extending from Mali, Indonesia, way outside the purview of any one government which operated under civil laws, so contracts weren't, except on trust. So they have this free market ideology the moment they have markets operating outside the purview of the states, as prior to that markets had really mainly existed as a side effect of military operations.
David Graeber[A] great embarrassing fact… haunts all attempts to represent the market as the highest form of human freedom: that historically, impersonal, commercial markets originate in theft.
David GraeberWe need each other to do things that we can't do for ourselves. If we are intimately connected with each other, we just give things to each other; if we don't know each other we find another way to handle it. If you think about it, each according to his or her abilities and each according to his or her needs is sort of the same thing as supply and demand.
David GraeberI came to the conclusion that most people in America would really like to be able to get a job where they think they're doing something noble and nice and good and it isn't just for the money. But the reason they hate what they call the cultural elite is that they see it as a class that's grabbed all the jobs where you can get paid to do something that isn't just for the money - if it's art, if it's charity, if it's intellectual, if it's political, whatever it might be.
David Graeber