Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Also, please enjoy this article, where Graeber manages to completely misunderstand the banking system, despite the article being about a "banking for dummies" release from the Bank of England...

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Wed Jun 4th, 2014 at 01:50:06 PM EST
[ Parent ]
That reads like bog standard endogenous money Post - Keynesianism if you take out the details and try to make a point.
And I remember Occupy being destroyed by synchronised DHS raids. I doubt Graeber ran those.
by generic on Wed Jun 4th, 2014 at 03:20:48 PM EST
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Um, specifics, please?

As far as I can tell, his understanding is perfectly sound.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Jun 4th, 2014 at 06:36:12 PM EST
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Everything Graeber wrote is consistent with what I learned in Perry Mehrling's Money and Banking course.  

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jun 4th, 2014 at 10:24:53 PM EST
[ Parent ]


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