One element, however, tends to go flagrantly missing in even the most vivid conspiracy theories about the banking system, let alone in official accou… - David Graeber

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One element, however, tends to go flagrantly missing in even the most vivid conspiracy theories about the banking system, let alone in official accounts: that is, the role of military power. There's a reason why the wizard has such a strange capacity to create money out of nothing. Behind him there is a man with a gun.

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About David Graeber

David Rolfe Graeber (February 12, 1961 – September 2, 2020) was an American anthropologist and anarchist who was a Reader in Social Anthropology at Goldsmiths. In addition to his academic work, Graeber has a history of both direct and indirect involvement in political activism, including membership in the labor union Industrial Workers of the World, a role in protests against the World Economic Forum in New York City in 2002, and support for the 2010 UK student protests movement. He is co-founder of the Anti-Capitalist Convergence.

Also Known As

Alternative Names: David Rolfe Graeber David R. Graeber

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Additional quotes by David Graeber

Thus money is almost always something hovering between a commodity and a debt-token. This is probably why coins—pieces of silver or gold that are already valuable commodities in themselves, but that, being stamped with the emblem of local authority, became even more valuable—still sit in our heads as the quintessential form of money. They most perfectly straddle the divide that defines what money is in the first place. What's more, the relation between the two was a matter of constant political conversation. In other words, the battle between state and market, between governments and merchants is not inherent to the human condition.

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