David Graeber was a brilliant economic anthropologist who fought against the dogmas of mainstream economics, especially through books like Debt: The First 5000 Years. In this video I explain his perspective on three different moral logics within economic life - everyday communism, reciprocity and hierarchy - and show how they can help us to understand different economic situations.
Chapters
0:00 David Graeber’s Debt
0:35 Everyday communism
1:19 Reciprocity and exchange
1:54 Hierarchy
3:03 Example 1: Narco gangs
3:55 Example 2: Food
4:55 Example 3: Airports
6:20 The moral logics within global capitalism
Hope you enjoy!
