Enter the Debt Jubilee.

The following article comes out of the ongoing discussions within the newly formed Green Socialist Organizing Committee (GSOP), which was formed in the wake of the 2020 Howie Hawkins/Angela Walker presidential campaign.  GSOP states:

“We need to build a political party that brings issues and constituencies around a common program and mutual support.  Building that party must become a common effort of Green and other independent socialist and progressive parties and groups who want a united mass party of the working people and all who love peace, justice, freedom, and the environment.

“Uniting the existing independent left is not enough. We must organize into the party of the people who now vote in low numbers because they feel the two corporate parties don’t represent them.  These people are disproportionately working class, people of color, and young.  They are the future mass base of an independent party of the green and socialist left.


Debt is what is holding the American Empire together.  It is also what is destroying it.

At the personal and family level, there is medical debt, student debt, rent, mortgages, car payments, credit card payments, water and electric bills, and insurance.  Add on bank loans just to stave off all the other debts.  Once payday rolls around, millions are left with deciding whether to stick to an all Kraft macaroni-and-cheese diet (hold the butter), or start fighting it out with the creditors jangling their phones off the hook.  The one thing you can’t give up is the roof over your head.  At this point, CBS News reports:

“Millions of middle-class Americans are just one missed paycheck away from poverty, with 4 of 10 considered “liquid-asset poor,” or without enough money socked away to cope with even a sudden disruption in income.”

Continue reading “Enter the Debt Jubilee.”