But paying back debts is good for the powerful few, whereas the mass of debtors have at times sought and won relief from them. In market logic, the cost of bad loans should be met by creditors as a discipline on their lending practices. He starts from a question : why do we feel that we must repay our debts ? This is a moral issue, not an economic one. David Graeber has written a searching book that aims to place our current concerns within the widest possible framework of anthropology and world history. What is “sovereign debt” and why must Greece pay up, but not the United States ? Who decides that the national debt will be repaid through austerity programmes rather than job-creation schemes ? Why do the banks get bailed out, while students and home-owners are forced to repay loans ? The very word debt speaks of unequal power and the world economic crisis since 2008 has exposed this inequality more than any other since the 1930s. Publié avec l’aimable autorisation des administrateurs The site administrators are Keith Hart et Justin Shaffner.ĭebt is everywhere today. Un compte rendu critique du livre de David Graeber, « Dette : les 5000 premières années » publié sur le site web anglais The Memory Bank. Melville House, New York, 2011, 534 pages, 22,02 euros.
0 Comments
Leave a Reply. |