Friday, June 15, 2012

Patrick, what happened to the ?Debt is Slavery? logo?

Maybe this statement was too strong for sensitive people? A softer message may be;

Debt gives another person claim to your assets. If your assets fall short, the lender can claim ownership to your future income. Your income comes from your hard work. Thus, the lender owns the fruits of your hard work, which is analogous to slavery.

The only difference is that the debtor voluntarily put themselves under the constraints of another person or entity. So maybe a better/softer logo would be;

Debt is Voluntary Slavery.

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