Re:Lifestyle Inflation. It's a wealth killer
by md_ on Wednesday December 30, 2020 @01:06PM
(#25584156)
Ah. In that case, I misunderstood you. :)
Yes, practically, Graeber is not suggesting consumers go out and take on debt willy nilly. He's suggesting rather that we stop moralizing the issue of debt.
The religious connotations of debt are more subtle and surprising than that, at least in Graeber's telling. But I'll leave that to him. The book, by the way, is free: https://archive.org/details/Debt-The_First_5000_Years. ;)
Yes, practically, Graeber is not suggesting consumers go out and take on debt willy nilly. He's suggesting rather that we stop moralizing the issue of debt.
The religious connotations of debt are more subtle and surprising than that, at least in Graeber's telling. But I'll leave that to him. The book, by the way, is free: https://archive.org/details/Debt-The_First_5000_Years. ;)