The Original Free Marketeers: Islamic Traders of the Middle Ages (David Graber, Debt, Part 3)
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- Опубликовано: 10 сен 2024
- This is the third video in a series on David Graeber’s book Debt: The First 5,000 Years. This video explores the Islamic traders of the seas of the Middle Ages, and what sustains their economy.
Other videos in the series:
Video 1 in the series: • Debt by David Graeber:... (Debt by David Graeber: Our Historic Moment of Economic Transition)
*I'll link to the rest in the series once I post them.
Video 2 in the series: • What Defeated the Mili... (What Defeated the Military-Coinage-Slavery Complex? Axial Age Economic Transition | Debt by Graeber)
If you plan to buy the book from Amazon and want to support the channel, here is an affiliate link: amzn.to/3UZrSWA
Some images in this video were created by A.I.
I just discovered your channel and have been watching your backlog of videos. I am interested in many of the same topics. My thesis is that the natural arrangement of human society is groups of no more than 300. All of civilization is based on methods of forcing larger groups into unity of action.
That "Public Reckoning" at 3:45 got me thinking if it were possible to create such a system using digital ledgers. Not with a virtual value attributed to the goods and services but a form of digital barter, coffee for coffee, stone for stone.
I enjoyed that. Thanks.
Thank you for this excellent series on David Graeber’s book Debt: The First 5,000 Years. 👍
Great video, thank you!
Anyway I love your content! It's always so interesting, regardless what angle you coming at things from!
Interesting
P.B.O.G The sociology of organisational life
• PLAN and PLANNING ~ Contracts
• Patterns of BEHAVIOUR
• Rational ORGANISATION
• GUIDELINES Legal or other rules and regulations
Clive Burgess 2008 2024
The continues... .
13:25 honor is a net positive game if the transaction is successful. It can also be net negative if both parties are trying to get over on each other...
is there an ai warning here? because i see some ai generated images.
I'm confused. Why Sinbad instead of pirate ? Why the mix of eastern and european images ? Middle ages refers to european culture, no ? Christians and jews also disapprove of usury practice, no ?
Cash dollars is still promisary notes right ?
What r u on about? This took place in a much earlier period than what you are referring to. Think 8th to 11th centuries.
Thanks, I'm gonna try and rethink it now with your input
@moataz989 kinda , its several iterations plus rinse and repeats, around the alphabetical exodus before the helenistic period Im concert with invention of paper scrolls curses and blessings is copied into standardized weights and measures in the market of1st temple Judaism and the assyrians etc etc
By the time Athens explores successful social behavior of prayer logistic unpacking phylosphy, you get coins etc etc. Phonecians do several things with it, probably some of where the
The medechi bankers' taxation alignment with the pergatory doctorine curriculum leads to mass sychosis in Europe, a version of wokism in its own right. Lol
Issac newton and everyone is looking back at that devastating event it's a few modern notions that we know from today's courts, laws, and banking .
London & Europe probably add dozens of things later.
For America, the Fortune 500 globalist plantation owners move up north into Wall Street stocks after devastating the south.
Babylonian,byzantine, India even China collapses of monetary systems over and over the world learn something new adds to it or borrow from the lesson learned
@farinshore8900 can you call clay balls with tokens inside representative of items for trade or owed promisary notes in summeria ?
King assur send out some of the earliest private merchants.
me-asure . < word etymology encoded with his name here in English
In sorry, but "honour violence is necessary part of enforcing of contracts" is absolutely NOT what David Graeber is saying there.
The specific example from the section on "world of Islam" is creditor hiring a poet to tarnish the reputation of the debtor. This was only possible because for them the whole idea of market was not a zero sum game.
To sum up: David asks a question why Europeans couldn't do the same thing and the answer is because for Europeans fantasy of the market is rooted in the original sin, or its secular version known as central economic problem. Its completion for scarce resources versus mutual aid, the first one requres violence the second one features violence but doesn't require it to sustain the economy.
Another problem with the video is the notion the Qur'an forbids usury, it does not. Instead, it forbids economic exploitation. Thus, for about 300 years interest was charged in Muslim lands until al-Jassas said otherwise.
First!