David Graeber on the Occupy Wall Street Protest & Forgiving Debt of the American Poor

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  • Опубліковано 15 вер 2024
  • DemocracyNow.org - As President Obama prepares to outline a deficit-reduction plan that includes tax increases, as well as cuts to programs such as Medicare and Medicaid, anthropologist David Graeber proposes a radical solution: cancel the debt of the nation's poor. "Debts between the very wealthy or between governments can always be renegotiated and always have been throughout world history. They are not anything set in stone," says Graeber, author of "Debt: The First 5,000 Years," on Democracy Now! today. "It's generally speaking when you have debts owed by the poor to the rich, debts becomes a sacred situation, more important than anything else. The idea of renegotiating them becomes unthinkable." On the Occupy Wall Street protest, Graeber says, "If you look at who showed up [in Egypt and Spain], it was mostly young people, and most of them were people who had gone through the educational system who were deeply in debt and who found it completely impossible to find jobs. ... The system has completely failed them ... If there's going to be any kind of society worth living in, we're going to have to create it ourselves."
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КОМЕНТАРІ • 27

  • @danieltranter4164
    @danieltranter4164 4 роки тому +35

    She knew how to ask short questions and let him breathe fire. She trusted him to be articulate, in asking blunt broad questions. What a treasure we have lost, RIP David we wont give up hope for true democracy

  • @falsificationism
    @falsificationism 4 роки тому +36

    Who else is here on 3 Sept? Rest In Power, David Graeber.

    • @samdegoeij6576
      @samdegoeij6576 4 роки тому +2

      Sept 5th and getting introduced to this very bright mind.

  • @KhagarBalugrak
    @KhagarBalugrak 12 років тому +6

    I have to say, OWS is the only political movement in America with an encompassing and uncompromising moral vision that could heal America and the world. It is a movement based on justice and love.

  • @shughes428
    @shughes428 13 років тому +3

    David is right on...

  • @mistercohaagen
    @mistercohaagen 9 місяців тому +1

    It's almost 2024... and we now know what not listening to new ideas has brought us... to the brink of fascism on a dying world.

  • @dustindavidson849
    @dustindavidson849 24 дні тому

    David needs to be careful when he says taxes were 90% in the 50's....he knows that nobody actually paid that much because of the loopholes.

  • @mulabate
    @mulabate 12 років тому +1

    David Graeber For 235 years USA has been a constitutional Republic, unfortunately! In-fact in combination with Crony & Corporate Capitalism has long produced a "Kleptocracy". The reality is both forms of Capitalism & Republic, all a design of/by/for the few to benefit from while explioting the masses needs outlawing from existance. Republics never do provide direct Citizen Democracy. Citizen Democracy is needed to allow each citizen legal nation ownership & direct rule & control over $/bus/govt

  • @highway234
    @highway234 13 років тому

    @axelgrz if you support a flat tax, you might as well give everything you own to a millionaire right now. a flat tax will be so regressive it'll amount to the same thing.

  • @contacter
    @contacter 13 років тому

    the young really have a complete right to ask "what about us and our futures?" so congrats to these young activists and Gandhians>

  • @lmcdowall
    @lmcdowall 12 років тому

    #OO

  • @Ozrictentacle
    @Ozrictentacle 11 років тому

    His hair do look a bit like Frankenstein's monster...

  • @TimmyOsman
    @TimmyOsman 13 років тому

    END THE FED NOT WALL ST