Fwd: Land & debt jubilee, a lost tradition

[Tony Gosling]

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>Reply-To: Critical Thinking <info at freecriticalthinking.org>
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>[]
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><http://freecriticalthinking.org/daily-pickings/998-debt-jubilee-lost-tradition>Debt 
>jubilee, lost tradition
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>Hi Tony,
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>Debt slavery, usury and deprivation of access to the means to life 
>are 
><http://www.youtube.com/watch?feature=player_embedded&v=KMMpBW9hbSY>driving 
>our civilisation towards collapse, while the perversion of political 
>economy continues without question in establishment circles (even 
>the 
><http://freecriticalthinking.org/daily-pickings/943-history-of-the-money-changers>Church 
>of England).
>
>
>We've forgotten a vital lesson learned by many civilisations past 
>and recorded in the original Old Testament of the Bible: the 
>essential, periodic reset of the system via debt jubilees and 
>returning land to productive use by the dispossessed.
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><http://michael-hudson.com/wp-content/uploads/2010/03/HudsonLostTradition.pdf>THE 
>LOST TRADITION OF BIBLICAL DEBT CANCELLATIONS by Michael Hudson
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>Hat tip to Peter for this
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>David Graeber's 
><http://freecriticalthinking.org/component/weblinks/weblink/84-banking-and-the-monetary-system/86-books/62-debt-the-first-5000-years-by-david-graeber>Debt, 
>the first 5,000 years, describes the origins of debt and money and 
>how past civilisations dealt with the inevitable distortions and 
>inequality arising from accumulated debt.
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>
>That the current economic system isn't working for the majority is 
>not in doubt no matter how hard the ruling oligarchy try to pretend 
>we're on the road to recovery. The 
><http://freecriticalthinking.org/daily-pickings/992-recovery-myth>illusory 
>recovery is only enjoyed by those who are near the top of the 
>pyramid of wealth and power as the rich get considerably richer. But 
>growing anger cannot remain hidden for ever, sooner or later it will 
>result in uprising by which time it will be too late to implement a 
>viable alternative economy.
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>
><http://www.youtube.com/watch?v=AHVsRzX-m1o&feature=youtu.be>March 
>Against Austerity (6 minute 
>video)<http://www.youtube.com/watch?v=AHVsRzX-m1o&feature=youtu.be>
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>Hat tip to Colin for this
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>A debt jubilee would be a good start to redressing the balance in 
>the economic system but a 
><http://freecriticalthinking.org/new-economy/920-critical-thinking-milestone>durable, 
>sustainable, equitable economy would look very different.
>
>
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