THIS IS REVOLUTION>podcast Ep. 72: How We Overcome the Crippling Burden of Debt w/ Debt Collective

We all have fell victim to it.  We've had the phone calls from bill collectors, some of us may have even had wage garnishments due to our debts.  It always feels like you against a powerful machine that uses your hardship, or class as money machine.  

 

I came across the Debt Collective and really believed in what they're doing.  They're forming debtors unions to take the power away from these financial institutions and back into the hands of the people. From an article written by co-founder of Debt Collective Hannah Appel:

"Through the threat of collective nonpayment, debtors’ unions can leverage today’s mass indebtedness. And because so much of our lives have been financialized, this potential power goes far beyond an opportunity to reduce individual indebtedness. Debtors’ unions could demand mortgage write-downs, an end to racist lending practices, a cap on ballooning adjustable interest rates, student debt discharge, truly free public education, single-payer healthcare, or an end to money bail and extractive criminal justice fees. This is the provocation around which we organize at the Debt Collective."

 

I spoke with Hannah Appel, co-founder of Debt Collective about the different ways these institutions cripple us with debt and what we can do to collectively fight back and WIN!

 

Hannah Appel's piece in Dissent Magazine:

https://www.dissentmagazine.org/online_articles/there-is-power-in-a-debtors-union

 

Splinter Magazine Piece about Tim Geitner and Payday Loans:

https://splinternews.com/tim-geithner-is-living-his-best-post-obama-life-by-runn-1827285288

 

Can't Pay, Won't Pay: The Case for Economic Disobedience and Debt Abolition:

https://www.haymarketbooks.org/books/1520-can-t-pay-won-t-pay

 

Debt Collective:

https://debtcollective.org/ 

 

Thank you for taking the time to check this out, we truly appreciate you.  Please support independent media and become a patron.  You'll get bonus content from most of the shows, we're creating patron only programing, AND YOU'LL GET MERCH!

Become a patron:

https://www.patreon.com/BitterLakePresents

 

Follow, like, share, and subscribe to us on these platforms:

 

YouTube:

https://www.youtube.com/channel/UCG9WtLyoP9QU8sxuIfxk3eg

 

Facebook:

https://www.facebook.com/Thisisrevolutionpodcast/

 

Twitter:

https://twitter.com/TIRShowOakland

 

Twitch:

https://www.twitch.tv/thisisrevolutionpodcast

 

Instagram:

https://www.instagram.com/thisisrevolutionoakland/

 

Medium:

https://medium.com/@jasonmyles/vengeance-has-no-foresight-837212d85a97