Charles Eisenstein is a teacher, speaker, and writer focusing on themes of civilization, consciousness, money, and human cultural evolution. He is the author of Sacred Economics
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Monday, November 12, 2012 - 1:01pm
Why Occupy's Plan to Cancel Consumer Debts is Money Well Spent
A new initiative is re-energising the Occupy movement. Called the Rolling Jubilee , it is a plan to use money from donations to buy distressed consumer debt from lenders at a marked down price, just as debt collection agencies normally would. But instead of hounding debtors for payments, it will simply cancel the debts.