"Debt is the most efficient means ever created to make relations fundamentally based on violence and inequality seem morally upright."
From, The Machinery of Hopelessness by David Graeber (2011).
"Debt is the most efficient means ever created to make relations fundamentally based on violence and inequality seem morally upright."
From, The Machinery of Hopelessness by David Graeber (2011).
The modern economy is resembling more and more the old feudal system.
From David Graeber's 2013 piece - A practical utopians guide to the coming collapse
On April 4th, we are going to provide a lecture by Michael Hudson about Money, Debt and Modern Capitalism.
The lecture will be held on Zoom. If you'd like to come along and get involved in the Q&A, you can register here: https://us02web.zoom.us/meeting/register/9jrYrfYgSMizi6PRsnDo4A#/registration
When asked about the benefits to society of Universal Basic Income, David Graeber mentioned this.
It is always worth remembering that the level of someone's pay is not an accurate measure to their value to society and importance in the economy.
How has everything gone so wrong in the last few decades? David Graeber gives us a clue as to what has happened!
David Graeber on austerity.
A few thoughts on Universal Basic Income.
"CEOs and financial consultants that are actually making other people’s lives worse were paid millions, while people fulfilling obviously useful functions like taking care of the sick, teaching children or picking vegetables were the least rewarded."
The problem of Labour now being the Starmer-Party in a few words.
In 2011, David Graeber published; Debt: The First 5000 Years.
It is one of those books where you learn a lot of interesting history that is not mentioned on the BBC. Here is an extract from the book.
When politicians like Keir Starmer claim there is no money, it is always worth recalling what money actually is.
Michael Hudson's words are always worth taking a minute to read.
This is something everybody should always keep in mind - especially when on Twitter!
It does not have to be this way.
If the events of this week and the reality of the Private Healthcare Industry have shown us anything, it is that we need to think about other ways of doing things.
"Debt is the most efficient means ever created to make relations fundamentally based on violence and inequality seem morally upright."
From, The Machinery of Hopelessness by David Graeber (2011).
https://voidnetwork.gr/2011/09/22/the-machinery-of-hopelessness-by-david-graeber/
https://davidgraeber.org/articles/neoliberalism-or-the-bureaucratization-of-the-world/
On Monday at 8pm (London time) & 3pm (EST) we host a Zoom talk about David Graeber's essay; "I didn't understand how widespread rape was."
If you want to join in, you can at this link:
https://us02web.zoom.us/meeting/register/tZ0sduCrpzIpEtNhwl3XSikK0t5zcV6xJO2R#/registration
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