That’s just totally incorrect. Most people throughout history didn’t even use money, let alone debt.
You need to read “Debt: The First 5,000 Years” by David Graeber. Debt goes back a lot longer than money, and has been part of human existence for as long as that existence has been recorded.
I said that, money was created from debt, of course debt came first
What about the Incas? I’m sure there’s others, but we know a lot about them and their economic system, and they only fell because of outside interference
Ok, now you’re just splitting hairs. But I will concede the word debt means more than what I’m using it for
But there’s a difference between “I did this for you, and it’s expected you’ll reciprocate later” and a formalized version of this
I don’t know how to put it into words yet, but the merchant of Venice is about the idea I’m circling around. Reciprocity is one thing, selling the future, which is always uncertain, is another
One of these things is the fabric of community, the other is evil
You’re the one splitting hairs. I made sure you meant all forms of debt several times, and now you’re trying to redefine what you mean by debt now that you’ve been shown to be wrong.
You need to read “Debt: The First 5,000 Years” by David Graeber. Debt goes back a lot longer than money, and has been part of human existence for as long as that existence has been recorded.
There is no human civilization without debt.
I said that, money was created from debt, of course debt came first
What about the Incas? I’m sure there’s others, but we know a lot about them and their economic system, and they only fell because of outside interference
You also said:
So, why not just admit you’re not well informed on this subject and leave it there?
Ok, now you’re just splitting hairs. But I will concede the word debt means more than what I’m using it for
But there’s a difference between “I did this for you, and it’s expected you’ll reciprocate later” and a formalized version of this
I don’t know how to put it into words yet, but the merchant of Venice is about the idea I’m circling around. Reciprocity is one thing, selling the future, which is always uncertain, is another
One of these things is the fabric of community, the other is evil
You’re the one splitting hairs. I made sure you meant all forms of debt several times, and now you’re trying to redefine what you mean by debt now that you’ve been shown to be wrong.