Talk of debt had Washington gridlocked and permeated the national and international conversation for much of the summer But the debate over what to do about debt is nothing new according to David Graeber the author of a new book Debt The First 5000 Years Need to Know host Alison Stewart talks with Graeber about our misconceptions about debt and why it plays such a large role in history

David Graeber is an American anthropologist and anarchist who currently holds the position of Reader in Social Anthropology at Goldsmiths, University of London. He was an associate professor of anthropology at Yale University, although Yale controversially declined to rehire him, and his term there ended in June 2007. Graeber has a history of social and political activism, including his role in protests against the World Economic Forum in New York City in 2002, membership in the labor union Industrial Workers of the World, and an early role in Occupy Wall Street. He coined the phrase 'the 99%"

His new book, Debt: The First 5000 years is here.
http://www.amazon.com/Debt-The-First-000-Years/dp/1933633867