rolling jubilee, Debt, forgiveness, occupy movement, occupy wall street, Economy, Current,Politics,

Will the Rolling Jubilee Really Work?

A new offshoot of the Occupy Movement is taking off—and it’s buying up and canceling people’s debt for pennies on the dollar. The Rolling Jubilee’s lavish forgiveness of debt is dazzling newscasters and the public, and certainly has spiritual echoes. But after the Rolling Jubilee has done its good work, the question remains: Will forgiven debtors shoulder the responsibility to stay out of the red in the future, and extend the same generosity given them to others?