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The Debt


The Debt


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The Debt

In Debt To


In Debt To


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In Debt To

Debt Debt


Debt Debt


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Debt Debt

Define Death


Define Death


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Define Death

Revolution Will Not Be Funded


Revolution Will Not Be Funded


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A massive and largely unregulated industry, the US non-profit sector is the world`s seventh largest economy. From art museums and university hospitals to think tanks and church charities, over 1.5 million organizations of staggering diversity share the tax-exempt 501(c)(3) designation, if little else. Many social justice organizations have joined this world, often blunting political goals to satisfy government and foundation mandates. But even as funding shrinks and government surveillance rises, many activists often find it difficult to imagine movement-building outside the nonprofit model. The Revolution Will Not Be Funded gathers original essays by radical activists from around the globe who are critically rethinking the long-term consequences of this investment. Together with educators and nonprofit staff they finally name the "non-profit industrial complex" and ask hard questions: How did politics shape the birth of the non-profit model? How does 501(c)(3) status allow the state to co-opt political movements? Activists or careerists? How do we fund the movement outside this complex? Urgent and visionary, The Revolution Will Not Be Funded is an unbeholden expos¿ of the "non-profit industrial complex" and its quietly devastating role in managing dissent.

Debt


Debt


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Before there was money, there was debt Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems—to relieve ancient people from having to haul their goods to market. The problem with this version of history? There’s not a shred of evidence to support it. Here anthropologist David Graeber presents a stunning reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like “guilt,” “sin,” and “redemption”) derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it. Debt: The First 5,000 Years is a fascinating chronicle of this little known history—as well as how it has defined human history, and what it means for the credit crisis of the present day and the future of our economy. From the Hardcover edition.

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Inflated: How Money and Debt Built the American Dream


Inflated: How Money and Debt Built the American Dream


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Americans as a whole view themselves as reasonably prudent and sober people when it comes to matters of money, even though the choices we make at the ballot box and in Washington seem at odds with that self image. Yet Americans as a community also seem to believe that we are entitled to a lifestyle that is well-beyond our current income, a tendency that goes back to the earliest days of the United States. "Inflated" examines this apparent conflict and makes the argument that such a way of life is so instilled in us that to expect the US to live in a "deflated" world is simply unrealistic. The fact of the dollar's role as the means of exchange for the entire world since the middle of the 20th Century and the short-term benefits for our trading partners of deficit spending in the US have encouraged America's tendency to demand immediate gratification of national wants and needs. No program is too large, no need too great to go unfulfilled by America's political class and funded by the global investor community, even as the competitive position of the US in many industries has waned. The gradual result of poor decisions taken today by our national leaders must inevitably be inflation, loss of economic opportunity, and a decline in the value of the dollar. This book seeks to tell the story of inflation and public debt as enduring (and perhaps endearing) features of the American story, rather than something we can one day overcome. If our answer throughout history, from taming the frontier in the 1800s to fighting poverty in the 1970s, has been to print more money and go deeper into debt, why on earth would we think now is any different? Or that we could consider alternatives -- going back to the gold standard -- as real options? Featuring interviews with today's top leaders, like Paul Volcker and Ben Bernanke insiders, this book will offer a glimpse into the future of the FED and the role it will play in the coming years, as well as what the future holds for the value of the US dollar.
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