…and forgive them their debts


YouTube has the video …and forgive them their debts.

If you want to understand what the 2020 Presidential election is all about, watch at least the first 30 minutes of this video Where Michael Hudson gives you an excellent summary of his book. The rest of the 2 hours is well worth watching. It is equally eye opening, but I know that many people may just not have the time to devote.

Join Dr. Michael Hudson, New Testament Scholar Dr. Aliou Niang and Rev. Dr. Liz Theoharis, Biblical Scholar and co-chair of the Poor People’s Campaign: A National Call for Moral Revival, for a discussion on the history of debt and what it means for our context today. Moderated by Shailly Gupta Barnes and the Kairos Center for Religions, Rights and Social Justice.

Debt plays a central role in upholding the economic and social order of the day. In the US, mounting debt and the crippling financialization of our lives is taken as fact. Our political leaders see no real problem and offer no serious solution. This was not always the case. Throughout antiquity, widespread debt-cancellation was understood as a moral and practical necessity. In a significant new book, …and Forgive Them Their Debts, economist Michael Hudson traces the biblical demand against debt and the long history of economic jubilees. Counter to dominant history and theology, Hudson reveals how the Bible itself is concerned most with the moral failure of economic systems, rather than personal sin.

Panel Discussion with Michael Hudson

Naked Capitalism also featured this video in their article Empire and Economics: The Long History of Debt Cancellation from Antiquity to Today


April 20, 2019

Toward the end of the first hour (at about 54 minutes) Dr. Aliou Niang talked about the “Parable of the Talents”, in Matthew 25:14–30. He mentioned the book “Parables as Subversive Speech: Jesus as Pedagogue of the Oppressed” by William R. Herzog II. I would like to obtain the book to see how the parable is explained the way Niang interpreted it.

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