by the process of education. And incidentally the book can also produce alchemical effects for positive change in the soul of any reader who reads it with attention and care. Deep in Debt A Review of David Graeber's Debt: The First 5,000 Years 2011, Melville House, 566 pp., $22 (paperback), ISBN: 9781612194196 erIC BAIN-SeLBo, WeSTerN keNTUCky UNIVerSITy Today we seem consumed by thoughts of debt. In the United States there is rampant consumer debt. The increasing reliance of young people on student loans has given rise to fears of unmanageable debt both at the individual level and systemically (there may even be a student loan "bubble"). The national debt is central to the national political and economic conversation, with some politicians making it the key element of their platforms. Of course, concerns about national debt are shared across the globe--leading to financial and diplomatic turmoil and painful austerity measures. At such a time, a book on debt is not just timely but necessary. In Debt: The First 5,000 Years, David Graeber makes a critical contribution to our thinking about debt. In fact, it reveals to us why we think of debt the way we do and how we
Soundings: An Interdisciplinary Journal – Penn State University Press
Published: Nov 5, 2014
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