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I think you're right, but I also think what Graeber was legitimate in the sense that he went at it from the other end. Yes, economists (especially the non-neoc
by js8 5y ago
I think you're right, but I also think what Graeber was legitimate in the sense that he went at it from the other end.
Yes, economists (especially the non-neoclassical ones) came up with all sorts of market failures. But they can seem to be a bit theoretical, as in, well, maybe these things happen in the wild, but maybe mostly not. In other words, they treat it as interesting, but disconnected, phenomena.
Graeber, as an anthropologist, just noticed lots of people being unhappy even in the situation of material abundance. And he looked for an unifying explanation. I think there definitely is a connection, but it will have to wait for somebody to analyze it in more detail.