It affects every aspect of our lives, is often said to be the root of all evil, and the analysis of the world that it makes possible - what we call 'the economy' - is so important to us that economists have become the high priests of our society. Yet, oddly, there is absolutely no consensus among economists about what money really is.
David GraeberBut in the years since the neoliberal project really has been stripped down to what was always its essence: not an economic project at all, but a political project, designed to devastate the imagination, and willing - with it's cumbersome securitization and insane military projects - to destroy the capitalist order itself if that's what it took to make it seem inevitable.
David GraeberStudent loans are destroying the imagination of youth. If thereโs a way of a society committing mass suicide, what better way than to take all the youngest, most energetic, creative, joyous people in your society and saddle them with, like $50,000 of debt so they have to be slaves? There goes your music. There goes your culture. There goes everything new that would pop out. And in a way, this is whatโs happened to our society. Weโre a society that has lost any ability to incorporate the interesting, creative and eccentric people.
David GraeberIn the largest scheme of things, just as no one has the right to tell us our true value, no one has the right to tell us what we truly owe.
David GraeberAdam Smith actually took all his best ideas and lines from sources from medieval Persia. But one thing he doesn't take is the underlying assumption they have that the basis of a market is mutual aid.
David Graeber