GEOG 10 Lecture Notes - Lecture 9: Credit Theory Of Money, Privately Held Company, Leidang
Document Summary
In debt: the first 5,000 years, graeber highlights the ways in which the story that classical economists tell about the history of money is wrong; explain that story and. Then, explain graeber"s theory of how debt relationships became moral obligations and graeber"s claim that state violence and debt are related. Finally, using graeber"s understandings of debt and erin torkelson"s lecture to make a detailed argument for why student loans should be forgiven. Problematic because of the fact that no one understand the roots of the problem. If you look at historical action and timeline. In order to make an invention, one has to cast themselves in their story. He critics on it because he is credible and he can attest that one in that situation cant really be trusted because they weren"t even certain, there are differences forces at play that create the situation. Find out what the problems are, so placing yourself in historical economy.
