Sunday, November 11, 2012
"who is it that will lend to allah a beautiful loan... ?"
While the original concept of a Jubilee comes from the Bible, we can certainly find similar teachings in the Quran: Who is he that will Loan to Allah a beautiful loan? for (Allah) will increase it manifold to his credit, and he will have (besides) a liberal Reward. (57:11)
The idea behind the current project is elegantly simple: "A bailout of the people by the people. We buy debt for pennies on the dollar, but instead of collecting it, we abolish it. We cannot buy specific individuals' debt - instead, we help liberate debtors at random through a campaign of mutual support, good will, and collective refusal."
For more info, check out:
Occupy Oakland: Debt Resistance! The People’s Bailout, AKA the Rolling Jubilee