As Biden grabs headlines for debt forgiveness, it's a great time to read David Graeber's Debt: The First 5000 Years.
https://warwick.ac.uk/fac/arts/english/currentstudents/undergraduate/modules/fulllist/special/statesofdamage/syllabus201516/graeber-debt_the_first_5000_years.pdf
Graeber argues that capitalism is founded on "the sacred principle that we must all pay our debts"—a principle that is enforced chiefly on the poor.
Debt itself is a social construct that enables the wealthy to accrue more and more social power at the expense of poor, while forcing all of us to put ourselves constantly at the disposal of an economy that is wrecking our lives and the biosphere itself.
