It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. Here Graeber presents a stunning reversal of conventional wisdom: he shows that before there was money, there was debt.įor more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods – that is, long before the invention of coins or cash.
TEHRAN – “Debt: The First 5,000 Years” by American anthropologist David Graeber has been published in Persian by Cheshmeh.Īli Moazzami is the translator of the book, which was first published in 2011 and called “Fresh… fascinating… thought-provoking… and exceedingly timely” by the Financial Times.
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