Modern economic systems have sanctified the payment of debt but this is not some natural or God-given rule, rather a situation designed by financial elites. The wisdom of Rumpelstiltskin needs to be revisited and adapted for modern times.
•Occupy Wall Street activists buy $15m of Americans’ personal debt •A Permanent Slump? •To tackle pollution, China to drop pursuit of growth at all costs
Strike Debt, which grew out of Occupy Wall Street, wants to foment conversation about the debt we rack up in pursuit of basic needs, and the industries that profit from that debt.
•Could Economic Growth Kill Us?
•Occupy Wall Street campaigners buy-up debt to abolish it
•Shift Change (new movie)
•Small towns attract Spanish job seekers (video)
Rolling Jubilee, a project of Occupy offshoot Strike Debt, has caused quite a stir online and in the media (see the Telegraph, Huffington Post, and Guardian).