Debt shouldn't be banned.
Usury should be banned. That will stop most debt.
Good point, but I always feel uneasy owing money to someone I don't even know like a banker or a company. All I can think of is those crazy scarface movies when you owe money to a member of the mafia... Your head get âïļ snap snap âïļ quick!! If I don't have the capital I just don't borrow.