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COULD/SHOULD JUBILEE DEBT CANCELLATIONS BE REINTRODUCED TODAY?

Mon, 01/22/2018 - 17:16..
In this paper we recall the history of Jubilee debt cancellations, emphasizing what their social purpose was at that time. We note that it would not be possible to copy that procedure exactly nowadays, primarily because most debt/credit relationships are intermediated via financial institutions, such as banks, insurance companies, etc., rather than by governments or wealthy families directly.