إضراب الديون

Debt is too often treated like a personal failing that shouldn’t be discussed in public, rather than a common struggle against systemic exploitation. We also tend to think of debt as a non-negotiable fact rather than a social construct. Once we realize that debts are shared fictions that can be renegotiated or even rejected entirely, we discover we have the power to pull the plug on a system that relies on our separation, shame, and consent. Household debt in the US is around 90 percent of GDP, has grown at nearly twice the rate of real incomes, and as Mike Konczal has noted, impacts the bottom 99 percent disproportionately. As the slogan for the Occupy Student Debt campaign says: “Can’t Pay? Won’t Pay? Don’t Pay!”