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Comment by hackandthink

"David Graeber: Oh, absolutely. After all, the alter-globalization movement grew out of a broad global reaction to the Washington consensus, which was never any sort of consensus, but rather, a vision of the world forcibly imposed on the global South through the third world debt crisis. I was involved in “drop the debt” campaigns of various sorts since at least 2000. What got me interested in some of the philosophical issues I ended up ex- ploring in the book was the peculiar moral power of the notion of debts. So many oth- erwise sympathetic people, even when told of the terrible, almost unimaginably inhu- man suffering inflicted on people in the global South because of the depredations of the IMF, would still respond, “well, that’s terrible that so many children died slow and painful deaths, but still—surely one has to pay one’s debts!"

https://davidgraeber.org/wp-content/uploads/debts-history-im...

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