Corpus ID: 40418210

Debt: the first five thousand years

@inproceedings{Graeber2009DebtTF,
  title={Debt: the first five thousand years},
  author={D. Graeber},
  year={2009}
}
Throughout its 5000 year history, debt has always involved institutions −− whether Mesopotamian sacred kingship, Mosaic jubilees, Sharia or Canon Law −− that place controls on debt's potentially catastrophic social consequences. It is only in the current era, writes anthropologist David Graeber, that we have begun to see the creation of the first effective planetary administrative system largely in order to protect the interests of creditors.