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Tag: Debt Peonage

Debt Is a Weapon for Taking Your Things Away

The treasured University of Missouri, Kansas City economics professor Michael Hudson explains to RT how debt is used “as a means of foreclosing on property and transferring” it “from the debtor to the creditor.”

Posted on Jan 20, 2014 READ MORE



*Sally M* (CC BY-SA 2.0)

The Insider’s Economic Dictionary: D Is for Debt

Dependency: the loss of choice. Establishing a world system based on foreign dependency is the aim of the Washington Consensus.

Posted on Sep 15, 2013 READ MORE



KendraKaptures (CC BY-ND 2.0)

Welcome to the 2012 Hunger Games

We have a new science fiction trilogy that’s perfect for our moment: Suzanne Collins’ “The Hunger Games,” a dystopian vision set in a North America ruled by decadent, luxurious oligarchs who sacrifice young people in an annual televised Roman-style blood contest.

Posted on May 1, 2012 READ MORE



Flickr / Chris Devers

Quicksand of Debt for U.S. College Students

According to the Project on Student Debt, the average arrears for graduating U.S. students is $24,000, but that figure is low for many who are entering a state of sustained debt peonage during the wonder years of young adulthood. (more)

Posted on Sep 7, 2011 READ MORE


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