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Debt ... The first 5,000 Years
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09-04-2012, 07:58 PM
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secondmortgages
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Oct 2005
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This is what the book ends with:
At this point, however, the principle has been exposed as a flagrant
lie. As it turns out, we don't "all" have to pay our debts. Only some of
us do. Nothing would be more important than to wipe the slate clean for
everyone, mark a break with our accustomed morality, and start again.
What is a debt, anyway ? A debt is just the perversion of a promise.
It is a promise corrupted by both math and violence. If freedom (real
freedom) is the ability to make friends, then it is also, necessarily, the
ability to make real promises. What sorts of promises might genuinely
free men and women make to one another ? At this point we can't even
say. It's more a question of how we can get to a place that will allow
us to find out. And the first step in that journey, in turn, is to accept
that in the largest scheme of things, just as no one has the right to tell
us our true value, no one has the right to tell us what we truly owe. It is an interesting read, but his conclusion is just a bunch of kumbaya bullshit. So, after a debt jubilee, when everyone has been relieved of their onerous debt, what the fuck then?
He does not attempt to identify a money system that is honest and doesn't repeat the mistakes of the past. So, while interesting to read his history of what money/debt is/were, without some kind of solution, the book is nothing more than a somewhat interesting read with a disappointing ending.
The book basically says we need to cut out the cancer (debt), but then offers no solution to preventing the cancer from reappearing and killing us. The book is just identifying a problem but offering no real solution.
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