[D]ebts don’t really need to be repaid, because AIG, who owes money, can wave a variety of different magic wands and debts can be made to disappear. Once you understand that the narrative we’ve been handed has been false, you’d think this would be the moment when you start thinking about larger questions: Why do we have an economy? What is debt? What is money? How could these things be organized differently? What do we need to keep and what do we change? You would think this would be the moment for international discussion about the basic assumptions that we’ve been making, and it seemed for about two weeks that it was going to happen.
“
— Dr. David Graeber, Anthropologist/ anarchist/ scholar-activist (via rethinkcapitalism)
Reblogged 3 months ago from descartesmeaway (Originally from rethinkcapitalism)
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Source: rethinkcapitalism
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