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Arguments about debt have been going on for at least five thousand years. For most of human history-at least, the history of states and empires-most human beings have been told that they are debtors.4 Historians, and particularly historians of ideas, have been oddly reluctant to consider the human consequences, especially since this situation-more than any other-has caused continual outrage and resentment. Tell people they are inferior, they are unlikely to be pleased, but this surprisingly rarely leads to armed revolt. Tell people that they are potential equals who have failed and that therefore, even what they do have they do not deserve, that it isn't rightly theirs, and you are much more likely to inspire rage. Certainly

( David Graeber )
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