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"Medieval corporations owned property, and they often engaged in complex financial arrangements, but in no case were they profit-seeking enterprises in the modern sense."
"To take what might seem an "objective", macro-economic approach to the origins of the world economy would be to treat the behavior of early European explorers, merchants, and conquerors as if they were simply rational responses to opportunities—as if this were just what anyone would have done in the same situation. This is what the use of equations so often does: make it seem perfectly natural to assume that, if the price of silver in China is twice what it is in Seville, and inhabitants of Seville are capable of getting their hands on large quantities of silver and transporting it to China, then clearly they will, even if doing so requires the destruction of entire civilizations. Or if there is a demand for sugar in England, and enslaving millions is the easiest way to acquire labor to produce it, then it is inevitable that some will enslave them."

David Rolfe Graeber was an American anthropologist and anarchist social and political activist. His influential work in social and economic anthropology, particularly his books Debt: The First 5,000 Years (2011), The Utopia of Rules (2015), Bullshit Jobs (2018), and The Dawn of Everything (2021), and his leading role in the Occupy movement earned him recognition as one of the foremost anthropologi
"Medieval corporations owned property, and they often engaged in complex financial arrangements, but in no case were they profit-seeking enterprises in the modern sense."
"Egoism and altruism are ideas we have about human nature. Historically, one has tended to arise in response to the other. In the ancient world,for example, it is generally in the times and places that one sees the emergence of money and markets that one also sees the rise of world religions—Buddhism, Christianity, and Islam. If one sets aside a space and says, "Here you shall think only about acquiring material things for yourself," then it is hardly surprising that before long someone else will set aside a countervailing space and declare, in effect: "Yes, but here we must contemplate the fact that the self, and material things, are ultimately unimportant.""
"If we insist on defining all human interactions as matters of people giving one thing for another, then any ongoing human relations can only take the form of debts."
"One might even say that its one of the scandals of capitalism that most capitalist firms, internally, operate communistically."
"One could well argue that if there is any human essence, it is precisely our capacity to imagine that we have one."
"Communist society"; in the sense of a society organized exclusively on that single principle—could never exist. But all social systems, even economic systems like capitalism, have always been built on top of a bedrock of actually-existing communism."