David Graeber, anthropologist and author of Debt: The First 5000 years, explains in this ‘Comment is Free’ piece that ‘if the government balances its books, it becomes impossible for the private sector to do the same. And, he claims, this inevitable debt often gets landed on those in society least able to pay it back’.
Via The Guardian.
Read more from David Graber at http://www.theguardian.com/profile/david-graeber
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