this post was submitted on 27 Aug 2026
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[–] ChonkyOwlbear@lemmy.world 103 points 1 week ago (3 children)

Okay, fine. But you have to do all of it. That means nobody can change more than 10% interest and there has to be a jubilee every 50 years where all debts are forgiven and all land is returned to its original owner.

[–] jaybone@lemmy.zip 19 points 1 week ago (6 children)

Who is the “original owner” of land?

[–] chaogomu@lemmy.world 24 points 1 week ago

In ancient times? The king.

Maybe not the original owner, but good luck arguing that when the soldiers come to evict you.

[–] ChonkyOwlbear@lemmy.world 6 points 1 week ago

If we are applying it to the US, I would say Native Americans. Originally, this law was because land could only be leased for at most 50 years. It could not be sold. That feels appropriate since most , if not all, Native American groups didn't consider the land to be something that could be owned.

[–] TraipsersWill@lemmy.world 5 points 1 week ago

A mat of single-celled organisms, that floated on a shallow sea over what is now Nebraska, 3.5 billion years ago.

[–] phutatorius@lemmy.zip 1 points 1 week ago

The person who took out the mortgage, though that wasn't the term used back then.

[–] JackbyDev@programming.dev 9 points 1 week ago

Happy 250th anniversary, America! Bye bye debt!

[–] Awooooooga@lemmy.world 4 points 1 week ago

The Bible forbids being rich so I'm cool with that lol wealth tax baby thanks Jesus!!!