At the forefront of all serious revolutions in history is the simple slogan: cancel the debts and redistribute the land. As a result, one of the first acts after a revolution is to destroy tax and debtor records, as well as land contracts.

Why? Debt involves not the generous offer of support from a creditor to a lender, but the net flow of wealth and power to the creditor. The current situation in Europe is but the latest example of this pattern of exploitation. Thus, any serious revolution destroys the pattern.

About these ads