Andrewism: It's Time To Abolish Debt

"Let's take a critical look at Graeber’s exploration of debt and its role in shaping our world so that we can challenge our approach to debt, overcome the current crisis, and pursue a revolutionary reimagining of the economy as a whole."

https://youtube.com/watch?v=agIqcU5mxbI

#Debt #money #capitalism #economy#anarchism#DavidGraeber

I was familiar with "bullshit jobs" as a term and book, but only now reading it. This video fits very well.

#bullshitjobs #davidgraeber #books #economy

"What happens when the creation of that sense of failure, of the complete ineffectiveness of political action against the system, becomes the chief objective of those in power?

[...]

If, on the other hand, we stop taking world leaders at their word and instead think of neoliberalism as a political project, it suddenly looks spectacularly effective. The politicians, CEOs, trade bureaucrats, and so forth who regularly meet at summits like Davos or the G20 may have done a miserable job in creating a world capitalist economy that meets the needs of a majority of the world’s inhabitants (let alone produces hope, happiness, security, or meaning), but they have succeeded magnificently in convincing the world that capitalism —and not just capitalism, but exactly the financialized, semifeudal capitalism we happen to have right now — is the only viable economic system. If you think about it, this is a remarkable accomplishment."

#DavidGraeber

"[...] the 'world revolution of 1848,' [...] saw revolutions break out almost simultaneously in fifty countries, from Wallachia to Brazil. In no case did the revolutionaries succeed in taking power, but afterward, institutions inspired by the French Revolution—notably, universal systems of primary education—were put in place pretty much everywhere.

[...]

Before the French Revolution, the ideas that change is good, that government policy is the proper way to manage it, and that governments derive their authority from an entity called 'the people' were considered the sorts of things one might hear from crackpots and demagogues, or at best a handful of freethinking intellectuals who spend their time debating in cafés. A generation later, even the stuffiest magistrates, priests, and headmasters had to at least pay lip service to these ideas."

#DavidGraeber