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 GraeberThe difference between capitalism and feudalism is that under capitalism, they make money directly through wages, manufacturing, and commerce and under feudalism, it's directly through juro-political means.
David GraeberDebt is the most effective way to take a relation of violent subordination and make the victims feel that it's their fault.
David GraeberIf you want to minimize the possibility of unexpected breakthroughs, tell people they will receive no resources at all unless they spend the bulk of their time competing against each other to convince you they know in advance what they are going to discover.
David GraeberFree market ideology - does anyone know where it first comes from? It comes from medieval Islam, and specifically, Shari'a. Because Shari'a provided this commercial law that is independent from the state.
David GraeberI would like, then, to end by putting in a good word for the non-industrious poor. At least they arenโt hurting anyone. Insofar as the time they are taking time off from work is being spent with friends and family, enjoying and caring for those they love, theyโre probably improving the world more than we acknowledge.
David Graeber