Student Debt Slavery: Bankrolling Financiers On The Backs Of The Young

Student Debt Slavery: Bankrolling Financiers On The Backs Of The Young

The Web Of Debt Blog —The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in an infamous document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part: Slavery is likely to be abolished by the war power and chattel slavery destroyed. This, I and my European friends are glad of, for […]