January 16th

Great article: Student Debt and The Spirit of Indenture

The article argues that student debt is a form of indentured servitude. This is a half truth though, because it’s not just student debt. It’s all debt.

With that in mind think about the stock market and people talking about buying and selling debt. The implication is obvious: they’re buying and selling indentured servants. Pretty scary, huh? Slavery may not be popular or ethical, but our cultural drive to own someone is stronger than our willingness to examine ourselves, to look at what we’re doing.

Oh, and I’ll finish that essay next week.

20090116 @ 1633