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Thursday, October 14, 2004
Forgiveness for what?
United Auto Workers for global jubilee
Tim, I clicked on your link to the text "debt forgiveness" and it did not work! I suggest this one: debt cancellation.

Opening up a semantic debate with substance behind it, Jubilee South advocates using only verbs such as drop, cancel, eliminate, abolish to refer to global debt. To relieve debt implies letting the World Bank and IMF get away with continuing to collect on some of the debt they claim is owed to them by nations in the global south. To forgive debt is the worst of all, because then the world's wealthiest nations get to think themselves benevolent and wonderful for getting rid of onerous and often odious debt. The rightfully radical Jubilee South says, "Don't Owe, Won't Pay!"

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