Read: Debt, by David Graeber
Well, it is done. I'm through with it. I have to admit is was somewhat of a struggle, but I do not regret anything. Like mentioned in a former post, the book really has its lengths. The book keeps its promise, it gives a historical digest of debt, and the concepts around. It covers philosophical, moral and financial aspects of the very idea of debt and how it evolved all over the world from the first written form of the Sumerians to the big financial spenders that are now shaking our economical system.
This is one thing I missed, there are no alternatives described, not even sketched out. As said before, nobody said it would, but the hunger for other concepts than our current form of hard-core capitalism is strong in me.
But maybe this text has to work through the upper layers of the intellect to change the way of thinking in a deeper way; one that I am maybe not even aware of.
So, there are a few key points in the book that are touched several times, similar a good teacher would do it. Those points do not strike me revolutionary (contrary to other readers), but even interesting facts and what Graeber conveys from them: That debt is a much more socially fundamental concept than money, that market and capitalism are by far not the same thing, that it's states that create markets at first.
For me all those things seem quite "natural" to me, much more natural than what too many modern economists say our financial system is today.
I like the style how Graeber writes. I read a little bit about him and was somewhat afraid that he might utilize a dogmatic style trying to induce his readers of the nastiness of modern economy. But that's not the case, the style of the book is matter-of-factly most of the time, there are few "naturallys" and "obviouslys". The book is also easy readable for a person with limited knowledge of (business) English like me, it is not very scholastic. Just a little bit shorter would have done maybe.
For people interested in the topic the book is recommendable for sure, in my humble opinion. It's just that it is extensive, and non-native speakers like me need some endurance.