Richard D. Wolff on Bankruptcy Protection, Debt Jubilee, Students Debt and the Credit System | acTVism Munich
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Richard D. Wolff on Bankruptcy Protection, Debt Jubilee, Students Debt and the Credit System | acTVism Munich

A piggy bank represents economics
Summary:

Prof. Richard D. Wolff gives a brief history of credit, debt, debt Jubilee, and our present student debt crisis. As usual, Wolff is clear and succinct, sweeping away the mystery that surrounds economics…

Prof. Richard D. Wolff gives a brief history of credit, debt, debt Jubilee, and our present student debt crisis. As usual, Wolff is clear and succinct, sweeping away the mystery that surrounds economics.


Richard D. Wolff talks “about bankruptcy protection, debt jubilee, students debt and the function that a credit system serves in our society today.

  • Why are individuals guaranteed bankruptcy protection but nation states are not?
  • What is debt jubilee? What relevance does debt jubilee have in today’s day and age?
  • Why are students and working class people taking on more and more debt?
  • Why are students particularly vulnerable to predatory lending?
  • Is debt being used by financial institutions as a system of control?

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JoAnn Chateau
JoAnn Chateau

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JoAnn Chateau

JoAnn likes progressive politics and loves the canines. She writes fiction about Chester, the Alpha Bichon -- with a dash of humor and a dab of Poli-Sci. Her views and insights are tinted by a former profession in Counseling, Christian theological studies, and training in Library and Information Science. Retired now, JoAnn enjoys the creative life.

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Chester is a scruffy little Bichon dog, with a congenial Napoleon Complex, and stars in "The Chester Chronicles." He sometimes reports independent Canine News -- NO corporate treats accepted, NO corporate bias. Woof!

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Graffiti Girl (GG) is curator at JoAnnChateau.com. She's progressive to the core, and easily blown away by serendipity and/or good food. (OK, GG is really JoAnn.) GG's posts signal that news or content from another website is a "must-see" and "must-remember."