Oi!
Debt and Punishment: A Critical Review of David Graeber’s Debt
Excerpt from: Debt and Punishment: A Critical Review of David Graeber’s Debt
From Communism EU - by Ingo Stützle David Graeber’s book Debt: The First 5,000 Years is missing an analysis of capitalism (article originally published in the May 18th, 2012 issue of the newspaper analyse & kritik) The last few years of crisis politics were a prime example of how on the one hand profits are privatized, while on the other hand losses are socialized. The deep crisis of capitalism has left in its wake a sovereign debt crisis. The answer of the political class has been fiscal consolidation. Finance...Published By: Anarchist news dot org - Wednesday, 13 June, 2012