But if Smith was right, and gold and silver became money through the natural workings of the market completely independently of governments, then wouldn't the obvious thing be to just grab control of the gold and silver mines?
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About David Graeber
David Graeber was a 20th-century American anthropologist and activist. David Rolfe Graeber was an American anthropologist and anarchist social and political activist. His influential work in social and economic anthropology, particularly his books Debt: The First 5,000 Years (2011), The Utopia of Rules (2015), Bullshit Jobs (2018), and The Dawn of Everything (2021), and his leading role in the Occupy movement earned him recognition as one of the foremost anthropologists and left-wing thinkers of his time. Read more on Wikipedia →
Themes
- Money — Thoughts on wealth, value, and material pursuits