debtSyndicate content

Photo: BC Gov Photos/flickr
| November 26, 2015
Image: Democracy Now
| October 14, 2015

The evolution of anxiety about debt and deficits

Photo: Wally Gobetz/flickr

Like this article? Chip in to keep stories like these coming.

2400 B.C.: The king of Lagash, part of ancient Sumerian civilization in what is now Iraq, declares a general cancellation of debts. Peasants have come under great economic pressure with the rise of agriculturally based empires. It is the peasants who panic and the monarch who gives them relief, showing that debt hasn't yet become the source of an indelible moral stain, unlike our own time. Debt happens and if it becomes too heavy, the government simply cancels it.


We welcome your comments! embraces a pro-human rights, pro-feminist, anti-racist, queer-positive, anti-imperialist and pro-labour stance, and encourages discussions which develop progressive thought. Our full comment policy can be found here. Learn more about Disqus on and your privacy here. Please keep in mind:


  • Tell the truth and avoid rumours.
  • Add context and background.
  • Report typos and logical fallacies.
  • Be respectful.
  • Respect copyright - link to articles.
  • Stay focused. Bring in-depth commentary to our discussion forum, babble.


  • Use oppressive/offensive language.
  • Libel or defame.
  • Bully or troll.
  • Post spam.
  • Engage trolls. Flag suspect activity instead.
Photo: flickr/ frankieleon
| September 1, 2015
Ralph Klein
| August 25, 2015
Greek soldier on Syntagma Square
| July 10, 2015

Losing our grip on the family farm

April 2, 2015
| As investors buy up farms and manage them for short-term profit, the land and our food sovereignity are put at risk. A report by the National Farmers Union details the scale of the threat.
Length: 15:24 minutes (14.11 MB)
Photo: TheBusyBrain/flickr
| February 23, 2015

Ontario auditor general says P3s wasted $8 billion in public funds

January 24, 2015
| Canada is a world leader in the market for public-private partnerships. But when Bonnie Lysyk looked at 74 projects under Infrastructure Ontario, she found a huge cost associated with P3s.
Length: 16:34 minutes (15.17 MB)
Syndicate content