Relations (1)
Facts (3)
Sources
Alex Bradshaw about the history of the phenomenon of debt davidgraeber.org 1 fact
perspectiveDavid Graeber argues that as modern economies move back to a system of virtual credit money, the imperial solution of managing debt through social welfare is breaking down, leading to a condition where people in countries like the United States are effectively becoming debt slaves.
Systemic Debt Slavery - David Korten davidkorten.org 1 fact
claimIn the contemporary United States, debt slavery is systemic and less personal compared to historical forms of debt bondage.
Bonded Labor | Debt Bondage or Peonage - End Slavery Now endslaverynow.org 1 fact
claimThe earliest United States legislation outlawed bonded labor under the Spanish name 'peonage,' a practice that surged following the legal emancipation of United States slaves in 1865.