J is for Jubilee, K for Kleptocrats by Michael Hudson

letter J

Image by Leo Reynolds via Flickr

by Michael Hudson
Writer, Dandelion Salad
December 6, 2013

Parts J & K in the .

Jubilee Year: In Judaic Law (Leviticus 25) a Clean Slate to be proclaimed every 50 years annulling personal and agrarian debts, liberating bond-servants to rejoin their families, and returning lands that had been alienated under economic duress. Long thought to have been merely a literary religious ideal, the policy has now been traced back to royal proclamations issued as a matter of course in Sumer and Babylonia in the third and second millennia BC. (See Bronze Age.)

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What Is The Rolling Jubilee? + OWS Bails Out The 99 Percent

Dandelion Salad

Strike Debt burning debt at Occupy Wall Street S17 Anniversary Concert in Foley Square

Image by Steve Rhodes via Flickr

Nov 7, 2012 by


We need a jubilee, a clean slate, a cancellation of debt for the 99%.

The Rolling Jubilee raises money to buy debt. But instead of collecting on the debt we buy, we’re going to abolish it. It’s time for a bailout of the people, by the people.

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