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Replying to Avatar Cory Doctorow

Farmers stop producing the food the people need so they can devote their land to ornamental flowers for creditors' tables. Left to themselves, credit markets produce hereditary castes of lenders and debtors, with lenders exercising ever-more power over lenders.

This is socially destabilizing; you can feel it in McKenzie's eloquent, barely controlled rage at the hopeless structural knot that produces the abusive and predatory debt industry.

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c5
c5aef914... 2y ago

nostr:npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33

Typo in the toot and the blog:

"with lenders exercising ever-more power over lenders"

Nice article, and thanks for the pointer to Bits About Money.

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Cory Doctorow 2y ago

nostr:npub187qfrc30qz2vne595q0syy88p524qzf4yt8mxcanjfqulk6ysdaqdg07a2 Thank you!

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