You are Not a Loan: A Debtors Movement | Zendy

Andrew C. Ross | Zendy

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You are Not a Loan: A Debtors Movement

Author(s) -

Andrew C. Ross

Publication year - 2014

Publication title -

culture unbound journal of current cultural research

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.256

H-Index - 7

ISSN - 2000-1525

DOI - 10.3384/cu.2000.1525.146179

Subject(s) - debt , successor cardinal , student debt , loan , movement (music) , resistance (ecology) , political science , economics , finance , art , mathematical analysis , mathematics , aesthetics , ecology , biology

Written from the participant perspective of the author, the article documents the debt resistance movement that is one of the enduring offshoots of Occupy Wall Street. Addressing the household debt crisis in the wake of the financial crash, it focuses in particular on student debt, approaching an aggregate 1.2 trillion in the U.S., with defaulters numbering in the tens of millions. The emergence of The Occupy Student Debt Campaign is analyzed, along with the initiatives of its successor, Strike Debt, including the Rolling Jubilee and the Debt Resistors Opera-tions Manual. The article concludes by arguing that debt will be the frontline of anticapitalist struggles in the 21st century, just as the struggle over wages dominated the twentieth century

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