Fern
Elite Member
- Sep 30, 2003
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The concepts of slavery and debt have been closely related for thousands of years. Just google "enslaved by debt".
Have a look at "debt bondage".
Fern
Have a look at "debt bondage".
http://en.wikipedia.org/wiki/Debt_bondageDebt bondage (or bonded labor) is a person's pledge of their labor or services as repayment for a loan or other debt. The services required to repay the debt may be undefined, and the services' duration may be undefined. Debt bondage can be passed on from generation to generation.[1]
....
Debt bondage was "quite normal" in classical antiquity.[2] The poor or those who had fallen irredeemably in debt might place themselves into bondage "voluntarily"—or more precisely, might be compelled by circumstances to choose debt bondage as a way to anticipate and avoid worse terms that their creditors might impose on them.[3] In the Greco-Roman world, debt bondage was a distinct legal category into which a free person might fall, in theory temporarily, distinguished from the pervasive practice of slavery, which included enslavement as a result of defaulting on debt. Many forms of debt bondage existed in both ancient Greece and ancient Rome.[4]
Etc,
Fern
