Saturday, November 29, 2008

Quotation of the day

For at least five thousand years, popular movements have tended to center on struggles over debt—this was true long before capitalism even existed. There is a reason for this. Debt is the most efficient means ever created to take relations that are fundamentally based on violence and violent inequality and to make them seem right and moral to everyone concerned. When the trick no longer works, everything explodes. As it is now. Clearly, debt has shown itself to be the point of greatest weakness of the system, the point where it spirals out of anyone’s control. It also allows endless opportunities for organizing. [emphasis added]

David Graeber

[h/t to db0]

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