Astra Taylor: Your Debt Is Not Your Fault!

Astra Taylor: Your Debt Is Not Your Fault!

Astra Taylor: Your Debt Is Not Your Fault!

Occupy activists are moving debt from the personal to the political. 

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Occupy activists are moving debt from the personal to the political.

On April 25, Occupy activists marked "1 T Day": the day US student debt burden reached the massive milestone of $1 trillion. Those not struggling with student loans may be struggling under healthcare debt or massive mortgages. As Occupy evolves from a short-term protest to a long-term movement, some activists see debt becoming the new "tie that binds the 99 percent." In the build-up to Occupy’s first anniversary, journalist and documentary filmmaker Astra Taylor joined Nation editor Betsy Reed to ask the question: if we’re all facing massive debt, why are we still so ashamed of it?

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With the midterm elections now firmly upon us, the question is whether Democratic candidates will do more than merely occupy ballot lines as mild alternatives to the red-hot crisis that is Donald Trump.

As Trump spends over $1 billion a day on a globally destabilizing war on Iran and admits that he doesn’t “think about Americans’ financial situation,” millions across the country are struggling with the surging costs of essentials. Democrats must seize this moment and advance bold, small-“d” populist ideas—not settle for cynical caution that once again snatches defeat from the jaws of victory.

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Katrina vanden Huevel
Editor and Publisher, The Nation

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