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Tag Archives: Slavery

David Graeber’s “Debt”

Goodreads rating 4.19. Graeber’s book contains many interesting historical observations but lacks a concise argument to convince a brainwashed neoclassical economist looking for coherent arguments on money and debt. After 60 pages, 340 more seemed too much. Chapter one: … the central question of this book: What, precisely, does it man to say that our sense of morality and justice is reduced to the language of a business deal? What does it mean when we reduce moral obligations to debts? …...

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“The illusions of Keynesianism create a morally corrupt society”

Interview with Jayant Bhandari: Part I of II The global economic shutdown has inflicted unprecedented damage and caused widespread destruction both in the economy and in our societies. While the true scale of the crisis is yet to be revealed, we already have enough data to support the case for a deep recession that will likely last for a long time. And yet, mainstream media reports and “expert” commentary has so far largely been focused on the impact of the crisis in the West. ...

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America’s Class Distinctions

In the FT, Edward Luce writes about America’s class distinctions. The real story, as depicted by historian Nancy Isenberg, author of White Trash, is that America was founded amid highly conscious class distinctions. African slaves were not the only group to be disenfranchised. … It would be difficult to read America’s history — or decode the 2016 presidential election — without reference to the struggle between poor whites and the descendants of former slaves. Lyndon Baines Johnson, who...

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