ITWASSOOTED: “Break down the thralldom of interest” is our war cry

Wednesday, November 23, 2011

“Break down the thralldom of interest” is our war cry

.(7) What do we mean by thralldom of interest? The landowner is under this thralldom, who has to raise loans to finance his farming operations, loans at such high interest as almost to eat up the results of his labor, or who is forced to make debts and to drag the mortgages after him like so much weight of lead.

So is the worker, producing in shops and factories for a pittance, whilst the shareholder draws dividends and bonuses which he has not worked for. So is the earning middle class, whose work goes almost entirely to pay the interest on bank overdrafts.(8)

Thralldom of interest is the real expression for the antagonisms, capital versus labor, blood versus money, creative work versus exploitation.
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