Image by DonkeyHotey via Flickr
by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
December 28, 2017
Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.
The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in an infamous document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil War. It read in part:
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