Organizing to Cancel Debt Fuels Systemic Change

A dollar sign forms one of the columns of a stately building

From Cinnamon Janzer / Yes! Magazine: Occupy Wall Street ignited today’s debt cancellation movement. Groups like the Debt Collective are winning victories, canceling predatory student debt and pushing systemic reforms like tuition-free college. Though incremental, these changes are rewriting policy and challenging racialized capitalism.

Click here to read the original article.

Find more articles on canceling financial debt.

More Resources:

Matthew Prewitt is RadicalxChange Foundation’s president, a writer and blockchain industry advisor, and a former plaintiff’s side antitrust and consumer class action litigator and federal law clerk. Prewitt spoke with Ashley Hopkinson on January 25, 2024. Click here to read the...

From Lee Suh-yoon / The Korea Times: The Youth Allowance Program in Seoul gives lower to middle-class residents (aged 19 to 34) a monthly stipend of 500,000 won ($418) for up to six months to ease the financial burden of...

Sheeza Shah is Founder and Managing Director of UpEffect, a crowdfunding and social impact consultancy shaping a benevolent economy through equitable finance and strategy. Sheeza has spent the past decade in the tech, non-profit, and social enterprise world project managing...

From Diane Berard / Future of Good: Novia Scotia, Canada, created community economic development investment funds with a 35% tax credit to investors to help small businesses that need capital but don’t qualify for bank loans. The cooperative FarmWorks brings...

From Sarah Krueger / WRAL News: Step Up Durham’s Guaranteed Basic Income Program gives 109 people who were formerly incarcerated $600 a month, no questions asked. The purpose of the monthly payments is to help people who may need extra...

From Dimitri Selibas / ENSIA: Guatemala’s reforestation programs pay farmers to keep their lands forested instead of clearing them for farming. The annual $380 payment each participant receives for 5 to 10 years comes from the general taxes collected by...

We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies. For more details, please see our Privacy Policy.