Quote by David Graeber on Debt and Social Inequality

„As it turns out, we don't "all" have to pay our debts. Only some of us do.“

David GraeberDavid Graeber reflects on the unequal burden of debt payment in society.
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David Graeber was an American anthropologist, anarchist, and activist known for his critical analyses of society and economics.

A critical reflection on the unequal distribution of debt burden in societies by David Graeber.


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David Graeber quote about debt and social inequality

David Graeber (1961–2020) was an American anthropologist, anarchist, and author. He was known for his work in political anthropology and involvement in social movements such as Occupy Wall Street. His critiques of economic and political systems gained international attention.

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"Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy." Noam Chomsky
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Quote by Wolfgang Streeck about markets deciding economic order and political powerlessnessCopyright © yoice.net – Quote Artwork
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"We don't decide anything. It's decided for us: by the 'markets' and, following their lead, by governments. One has to be careful with language, not to talk oneself into a responsibility one doesn't actually have or that's being taken away from one. 'We' don't need to consider what we'd prefer, because it doesn't matter anyway. Questions of economic order and the distribution of economic benefits are currently decided by summits and central bankers under pressure from large corporations, especially the financial sector. 'We' will only have a say when we understand that, fundamentally, we have no say at all." Wolfgang Streeck
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