The “financial crisis” continues to raise questions and concerns for many. Specifically, debt is the biggest issue many Americans are facing today. David Graeber, an anthropologist explains his argument about debt in his book. He makes the argument that debt is a “moral confusion”. Many see debt, or better yet paying off debt as a value of morality.
Graeber explains that paying off your debt is a notion of morality. It is the greatest obligation one has and it would be almost unreasonable not to pay your debts. This idea of morality that is attached to debt is what Graeber argues. It like the morality of paying off your debt is the greatest value that is above anything, in that as individuals we use it justify everything. Is it correct? Should we uphold “debt” to a higher standard than any other value?