No, debts don’t always have to be paid back and that’s not the way things have typically worked throughout most of human history actually. Insisting all debts be paid back regardless of the cost to society is a concept even newer than capitalism itself, so a handful of generations. Austerity fucks over everybody, especially the future generations.
No, debts don’t always have to be paid back and that’s not the way things have typically worked throughout most of human history actually. Insisting all debts be paid back regardless of the cost to society is a concept even newer than capitalism itself, so a handful of generations. Austerity fucks over everybody, especially the future generations.