Money originally signified debts that could not really be repaid, including murder compensation, marriage transfer, and memorial gifts for great dead people.
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David Graeber
Money originally signified debts that could not really be repaid, including murder compensation, marriage transfer, and memorial gifts for great dead people.
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Timestamped Evidence
"So, if you just look at history, we've used different sources of currency. So, we have seashells, cattle, grain, woman, slaves, drugs, oil, bronze,..."
"And it creates a vicious cycle of vengeance. Right? So, the way to get rid of this problem is, if I kill your brother,..."
"What do you do then? What you do is, you bury him with gifts, with gold, with money, okay? And so, it's a monument..."
Relevant Lectures And Readings
Bronze begins as a weapon, becomes status, hardens into currency, and then teaches the world the dangerous rhythm of capital: rapid growth, total interconnection, elite consolidation, and sudden collapse.
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