As it turns out, we don't "all" have to pay our debts. Only some... by David Graeber

As it turns out, we don't "all" have to pay our debts. Only some of us do.

David Graeber

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Categorized in : Pay Turns Debt

But in the years since the neoliberal project really has been stripped down to what was always its essence: not an economic project at all, but a political project, designed to devastate the imagination, and willing - with it's cumbersome securitization and insane military projects - to destroy the capitalist order itself if that's what it took to make it seem inevitable.

military order years

We are watching the beginnings of the defiant self-assertion of a new generation of Americans, a generation who are looking forward to finishing their education with no jobs, no future, but still saddled with enormous and unforgivable debt.

finishing self jobs

Revolutionary constituencies always involve a tacit alliance between the least alienated and the most oppressed.

alliances oppressed revolutionary

The fascinating thing about standard economic stories is exactly that: they assume that everybody wants that kind of closure. That all human relations are forms of exchange, because if everything is an exchange then it's true that we're both equals. We walk up, I give you something, you give me something, and we walk away. Or I give you something, you don't give me something right now, and you owe me. So if we have any ongoing relationships at all, it's because somebody is in debt.

ongoing stories giving

Free 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.

islam independent law

The best way to think about anarchism is as a combination of three levels. On the one hand, the sort of instinctual revulsion against forms of inequality in power; on the other hand, a reappraisal of what one is already doing in egalitarian relations; and then the projection of these principles on all sorts of relations.

levels hands thinking

There are markets extending from Mali, Indonesia, way outside the purview of any one government which operated under civil laws, so contracts weren't, except on trust. So they have this free market ideology the moment they have markets operating outside the purview of the states, as prior to that markets had really mainly existed as a side effect of military operations.

government military law

We need each other to do things that we can't do for ourselves. If we are intimately connected with each other, we just give things to each other; if we don't know each other we find another way to handle it. If you think about it, each according to his or her abilities and each according to his or her needs is sort of the same thing as supply and demand.

giving needs thinking

You would think that if neoliberals were in any way honest, after the collapse of the Soviet Union the first thing to do is get rid of the Red Army and the KGB, and build up the economy. Instead, they just get rid of the economy and keep the military and the KGB.

army military thinking

We have become a plague upon ourselves and upon the Earth. It is cosmically unlikely that the developed world will choose to end its orgy of fossil energy consumption, and the Third World its suicidal consumption of landscape. Until such time as Homo Sapiens should decide to rejoin nature, some of us can only hope for the right virus to come along.

viruses suicidal energy

Capitalism is like this fractal thing where anything that contains an element of capitalism anywhere inside it is just something that turns into capitalism. It is an incredibly defeatist attitude. If you choose to look at reality that way, I suppose you can, but you have to do enormous violence to reality to do so consistently.

attitude reality looks

You can't have cutthroat competition when there's no one stopping you from actually cutting each other's throats. In order to build up trust we also have to think about each other's needs and it creates an entirely different dynamic.

cutting order thinking

We don't live in a capitalist totality. Capitalism couldn't survive as a totality anyway. We live in this complex system and we already live communism and anarchism in a million forms everyday.

communism form everyday

It's a difficult business, creating a new, alternative civilizati... by David Graeber

It's a difficult business, creating a new, alternative civilization.

creating alternatives civilization

Money has always been a particular problem for revolutionaries and anti-capitalists. What will money look like 'after the revolution'? How will it function? Will it exist at all? It's hard to answer the question if you don't know what money actually is. Proposing to eliminate it entirely seems utopian and naive.

revolution answers looks

Adam Smith actually took all his best ideas and lines from sources from medieval Persia. But one thing he doesn't take is the underlying assumption they have that the basis of a market is mutual aid.

assumption lines ideas

A debt ... is just an exchange that has not been brought to compl... by David Graeber

A debt ... is just an exchange that has not been brought to completion.

completion debt

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.

important roots evil

If you look at history, there seems to be a regular pattern: the country with the most powerful military also happens to be the one with the world trade currency. That gives them an enormous economic advantage, which causes goods to flow into their country.

powerful military country

Even in the most market-obsessed society, we're still spending half of our time on something other than just getting cash.

cash obsessed half