Cap on Debt

Book Review: David Graeber, *Debt: The First 5000 Years*. New York: Melville House, 2012.

Cap on Debt
LIKE MANY CRITICS OF GLOBALIZATION, David Graeber does not seem to understand what capitalism is. Otherwise he would not emphasize time and again that a market economy is something fundamentally different, as he does in his book, Debt: The First 5000 Years. Graeber’s distinction fits with a lot of left-wing currents, from old-fashioned anarchists in the tradition of Proudhon to young militants of Attac. All too many people assume that capitalism simply means financial speculation, intransparent bank dealings, monopolies, or interest as a way to garner income without work, all of which place a burden on the middle class. [Read More]

The movement as an end-in-itself?

The movement as an end-in-itself?
ON DECEMBER 16, 2011, Ross Wolfe interviewed David Graeber, Reader at Goldsmiths College in London, author of Fragments of an Anarchist Anthropology (2004), and central figure in the early stages of the #Occupy Wall Street Movement. What follows is an edited transcript of the interview. Folk singer Tea Leigh at the #Occupy site Ross Wolfe: There are striking similarities between the #Occupy movement and the 1999 anti-WTO protests in Seattle. [Read More]