Notus & Friends

Debt: The First 5000 Years (Audiobook) David Graeber

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May 6, 2023
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ANECDOTE

Madagascar's Debt

  • Madagascar was invaded by France and forced to pay for its own invasion.
  • Madagascar is still in debt to France, highlighting debt as victor's justice.
ANECDOTE

Haiti's Debt

  • Haiti, after winning independence, was forced into debt by France.
  • The impossible sum and embargo made Haiti synonymous with debt and misery.
INSIGHT

Debtor Disparity

  • The US treats debts differently based on the debtor.
  • This mirrors historical debtor's prisons, separating aristocratic and impoverished debtors.
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