5 ms·
To give a +1 here, I think Against the Grain makes a nice companion to Debt from what I assume are separate ends of the left-right spectrum within libertarianis
by UglyToad 5y ago
To give a +1 here, I think Against the Grain makes a nice companion to Debt from what I assume are separate ends of the left-right spectrum within libertarianism, or at least I guess so from Against the Grain having a positive review from the Cato Institute on the cover.
They both construct convincing narratives from looking at the history that deconstruct the "just so" stories of economists. From AtG you see how most of 'civilization' throughout history has been experienced by most people as slavery and warfare and living standards actually improved, or at least didn't become much worse, for many with things like the fall of Rome.
Debt is fascinating because it shows just how new and novel the current inescapable logic of capitalism actually is. Adam Smith's fanciful notion of a fully formed civilization of shopkeepers who adopt coinage to streamline barter is shown to be complete nonsense and with it the foundations of much of "assumed" thought about how people and markets organise themselves.